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Monday, 17 July 23
APPROVED AMMONIA-FUELED CONTAINERSHIP - BENEFITS AND RISKS: REED SMITH
Following the news in Offshore Energy that Korea Maritime Consultants has secured approval in principle from the American Bureau of Shipping for its design of an ammonia-fueled containership, Voirrey Blount, admiralty manager at law firm Reed Smith, has commented on the benefits and risks of using ammonia as a fuel.
Voirrey Blount, admiralty manager at law firm Reed Smith, said: “As the shipping industry seeks to hit the IMO 2050 targets, an ever-increasing amount of fuels are being touted as the game-changer that will help the industry reach those aims.
ABS, a major classification society, has recently approved a small ammonia fuelled vessel to go into production. Ammonia is one of many fuels that has thrown its hat in the ring and this latest ABS approval is an important step forward given the array of difficulties users will face by using ammonia as a fuel.
When ammonia is burnt it produces nitrogen and water, it does not contain any carbon and therefore no CO2 is emitted during combustion. However, whilst being better on the CO2 emissions, ammonia combustion may produce both nitrogen oxide and nitrous oxide as a by-product. Nitrous oxide is substantially more potent (around 270 times more) in terms of greenhouse effects than CO2. This risk needs to be mitigated and there are various options being explored by the industry such as the use of a catalyst or by tuning the actual combustion process to keep it within a certain temperature and pressure which can stop or severely limit the chance of nitrous oxide being produced.
When green ammonia (i.e. ammonia produced from air and water using renewable energy) is used, ammonia can be a zero-carbon fuel from a well-to-wake perspective and pending potential future changes to the CII regulations this may be a significant draw when compared to other fuels.
Many smaller vessels operate closer inshore and often find themselves navigating in emissions restricted areas, for example feeder container ships operating in the North Sea and Baltic Sea special sulphur emission control area (SECA). The focus on developing adaptable new-fuel technology for this size of vessel provides an ability for owners to comply with the stringent emission rules and achieve decarbonisation targets faster.
Ammonia is highly toxic to both people and the marine environment, so any on board leak would be a major emergency. Ammonia is often stored under pressure, increasing potential risks when bunkering, and a high level of alignment is needed between international regulators to ensure safety for the shore-side, the vessel and the environment.
It will be interesting to see which industry players start to place orders for ammonia-fueled vessels given the recent surge in orders for dual-fuel methanol vessels.”
Source: Reed Smith
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Monday, 02 January 23
CHINA’S COAL CONSUMPTION TO PEAK BY 2035: REPORT - REUTERS
China’s primary energy consumption is likely to peak at nearly 6.03 billion tonnes of standard coal between 2030 and 2035, refining giant Chi ...
Thursday, 29 December 22
INDIA'S COAL DEMAND LIKELY TO PEAK BETWEEN 2030-2035: MINISTER - ANI
The demand for coal in India will continue and is likely to peak between 2030-2035, Union Minister of Coal, Mines, and Parliamentary Affairs Pralha ...
Thursday, 29 December 22
RIO TINTO AND PARTNERS COULD RECEIVE AS MUCH AS $450M IN GOVERNMENT COMPENSATION FOR COAL PRICE CAP - THE GUARDIAN
Compensation payments for the Gladstone power plant remain the sticking point in the federal government’s coal price cap compensation negotia ...
Wednesday, 28 December 22
MARKET INSIGHT - INTERMODAL
The United Nations Conference on Trade and Development (UNCTAD) published a Global Trade Update on December 13th highlighting that global trade wou ...
Thursday, 22 December 22
RUSSIAN OIL EXPORTS CRATER BY 54% IN THE FIRST FULL WEEK OF THE EU'S EMBARGO AMID A SHORTAGE OF TANKERS WILLING TO CARRY CARGOES - BUSINESS INSIDER
Since the European Union imposed its seaborne crude sanctions, Russian oil exports have tumbled by more than half, according to data compiled by Bl ...
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- Heidelberg Cement - Germany
- Tamil Nadu electricity Board
- South Luzon Thermal Energy Corporation
- Mjunction Services Limited - India
- Binh Thuan Hamico - Vietnam
- San Jose City I Power Corp, Philippines
- Malabar Cements Ltd - India
- Therma Luzon, Inc, Philippines
- SMG Consultants - Indonesia
- Ministry of Finance - Indonesia
- Chettinad Cement Corporation Ltd - India
- Straits Asia Resources Limited - Singapore
- Ceylon Electricity Board - Sri Lanka
- Australian Coal Association
- Star Paper Mills Limited - India
- AsiaOL BioFuels Corp., Philippines
- Siam City Cement - Thailand
- Eastern Energy - Thailand
- Rashtriya Ispat Nigam Limited - India
- Essar Steel Hazira Ltd - India
- Global Business Power Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- Siam City Cement PLC, Thailand
- Kideco Jaya Agung - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Vijayanagar Sugar Pvt Ltd - India
- India Bulls Power Limited - India
- Sree Jayajothi Cements Limited - India
- Cigading International Bulk Terminal - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- London Commodity Brokers - England
- Globalindo Alam Lestari - Indonesia
- Aditya Birla Group - India
- Planning Commission, India
- Global Coal Blending Company Limited - Australia
- Gujarat Sidhee Cement - India
- Leighton Contractors Pty Ltd - Australia
- Banpu Public Company Limited - Thailand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ambuja Cements Ltd - India
- Kartika Selabumi Mining - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Directorate General of MIneral and Coal - Indonesia
- Wood Mackenzie - Singapore
- Orica Australia Pty. Ltd.
- Wilmar Investment Holdings
- Energy Link Ltd, New Zealand
- Alfred C Toepfer International GmbH - Germany
- Larsen & Toubro Limited - India
- Minerals Council of Australia
- Bhatia International Limited - India
- Simpson Spence & Young - Indonesia
- Kaltim Prima Coal - Indonesia
- SMC Global Power, Philippines
- Kumho Petrochemical, South Korea
- Thiess Contractors Indonesia
- GVK Power & Infra Limited - India
- Bangladesh Power Developement Board
- IEA Clean Coal Centre - UK
- Intertek Mineral Services - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Parliament of New Zealand
- VISA Power Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Australian Commodity Traders Exchange
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Interocean Group of Companies - India
- Central Java Power - Indonesia
- PTC India Limited - India
- CNBM International Corporation - China
- Kapuas Tunggal Persada - Indonesia
- Mercator Lines Limited - India
- TeaM Sual Corporation - Philippines
- Oldendorff Carriers - Singapore
- Bukit Baiduri Energy - Indonesia
- PowerSource Philippines DevCo
- Karbindo Abesyapradhi - Indoneisa
- Pipit Mutiara Jaya. PT, Indonesia
- GMR Energy Limited - India
- Metalloyd Limited - United Kingdom
- Singapore Mercantile Exchange
- ASAPP Information Group - India
- Indika Energy - Indonesia
- Renaissance Capital - South Africa
- Barasentosa Lestari - Indonesia
- Global Green Power PLC Corporation, Philippines
- Uttam Galva Steels Limited - India
- Coalindo Energy - Indonesia
- McConnell Dowell - Australia
- Africa Commodities Group - South Africa
- Bhoruka Overseas - Indonesia
- The State Trading Corporation of India Ltd
- The Treasury - Australian Government
- Coastal Gujarat Power Limited - India
- Sakthi Sugars Limited - India
- Semirara Mining Corp, Philippines
- CIMB Investment Bank - Malaysia
- Latin American Coal - Colombia
- Bayan Resources Tbk. - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Energy Development Corp, Philippines
- Central Electricity Authority - India
- IHS Mccloskey Coal Group - USA
- Bhushan Steel Limited - India
- The University of Queensland
- Gujarat Electricity Regulatory Commission - India
- Jindal Steel & Power Ltd - India
- Parry Sugars Refinery, India
- Ind-Barath Power Infra Limited - India
- Billiton Holdings Pty Ltd - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Economic Council, Georgia
- Borneo Indobara - Indonesia
- Dalmia Cement Bharat India
- Posco Energy - South Korea
- Semirara Mining and Power Corporation, Philippines
- LBH Netherlands Bv - Netherlands
- Marubeni Corporation - India
- Sinarmas Energy and Mining - Indonesia
- Bharathi Cement Corporation - India
- Directorate Of Revenue Intelligence - India
- Vedanta Resources Plc - India
- Carbofer General Trading SA - India
- MS Steel International - UAE
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sojitz Corporation - Japan
- White Energy Company Limited
- Krishnapatnam Port Company Ltd. - India
- Videocon Industries ltd - India
- Vizag Seaport Private Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Port Waratah Coal Services - Australia
- Medco Energi Mining Internasional
- Deloitte Consulting - India
- Ministry of Mines - Canada
- Pendopo Energi Batubara - Indonesia
- Manunggal Multi Energi - Indonesia
- GAC Shipping (India) Pvt Ltd
- Chamber of Mines of South Africa
- Antam Resourcindo - Indonesia
- European Bulk Services B.V. - Netherlands
- OPG Power Generation Pvt Ltd - India
- Sarangani Energy Corporation, Philippines
- Cement Manufacturers Association - India
- Indian Oil Corporation Limited
- Trasteel International SA, Italy
- International Coal Ventures Pvt Ltd - India
- Indogreen Group - Indonesia
- Agrawal Coal Company - India
- Rio Tinto Coal - Australia
- Sical Logistics Limited - India
- Maheswari Brothers Coal Limited - India
- Formosa Plastics Group - Taiwan
- Kepco SPC Power Corporation, Philippines
- Indonesian Coal Mining Association
- Asmin Koalindo Tuhup - Indonesia
- Independent Power Producers Association of India
- Coal and Oil Company - UAE
- Kohat Cement Company Ltd. - Pakistan
- Meenaskhi Energy Private Limited - India
- PNOC Exploration Corporation - Philippines
- Grasim Industreis Ltd - India
- Standard Chartered Bank - UAE
- Neyveli Lignite Corporation Ltd, - India
- Mercuria Energy - Indonesia
- Riau Bara Harum - Indonesia
- Goldman Sachs - Singapore
- Altura Mining Limited, Indonesia
- Savvy Resources Ltd - HongKong
- Power Finance Corporation Ltd., India
- Electricity Generating Authority of Thailand
- Bahari Cakrawala Sebuku - Indonesia
- New Zealand Coal & Carbon
- Madhucon Powers Ltd - India
- Eastern Coal Council - USA
- ICICI Bank Limited - India
- Price Waterhouse Coopers - Russia
- Indian Energy Exchange, India
- Indo Tambangraya Megah - Indonesia
- Makarim & Taira - Indonesia
- Lanco Infratech Ltd - India
- Iligan Light & Power Inc, Philippines
- Aboitiz Power Corporation - Philippines
- Romanian Commodities Exchange
- Sindya Power Generating Company Private Ltd
- Kobexindo Tractors - Indoneisa
- Karaikal Port Pvt Ltd - India
- Xindia Steels Limited - India
- Merrill Lynch Commodities Europe
- Attock Cement Pakistan Limited
- Samtan Co., Ltd - South Korea
- Tata Chemicals Ltd - India
- Meralco Power Generation, Philippines
- Orica Mining Services - Indonesia
- Georgia Ports Authority, United States
- Baramulti Group, Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bulk Trading Sa - Switzerland
- Jaiprakash Power Ventures ltd
- Bukit Asam (Persero) Tbk - Indonesia
- Mintek Dendrill Indonesia
- Ministry of Transport, Egypt
- Electricity Authority, New Zealand
- Anglo American - United Kingdom
- Thai Mozambique Logistica
- Kalimantan Lumbung Energi - Indonesia
- Petron Corporation, Philippines
- Salva Resources Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Edison Trading Spa - Italy
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bukit Makmur.PT - Indonesia
- Timah Investasi Mineral - Indoneisa
- SN Aboitiz Power Inc, Philippines
- Toyota Tsusho Corporation, Japan
- Commonwealth Bank - Australia
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