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Wednesday, 17 August 22
PAXOCEAN, HONG LAM MARINE AND BUREAU VERITAS SIGN MOU TO DEVELOP AMMONIA BUNKER VESSEL DESIGN - BUREAU VERITAS
 PaxOcean Engineering Pte. Ltd. has signed a Memorandum of Understanding (MOU) with Singapore-based bunker vessel operator Hong Lam Marine and classification society Bureau Veritas (BV) to jointly develop an ammonia bunker vessel design.
With the signing of this MOU, PaxOcean will focus on developing designs for ammonia-fueled and ammonia bunkering vessels, leveraging its deep technological capabilities and expertise.
Bureau Veritas will verify compliance with the most applicable and up-to-date rules, particularly those related to the handling of ammonia, drawing on BV’s expertise in ammonia carriage and operations, and previous technical studies on ammonia as a fuel.
Hong Lam Marine’s role is to provide input specific to operational data, and to support and validate the suitability of the ship design for commercial operations. The MOU will foster innovation in smart and autonomous ship technologies, and support the use of green ammonia as a sustainable fuel to help decarbonise global shipping.
The Maritime and Port Authority of Singapore (MPA) welcomes the formation of a strong partnership among industry partners to develop, trial and test-bed new designs and innovative technologies needed to accelerate the transition to a clean economy.
Ms Quah Ley Hoon, Chief Executive of MPA said: “I congratulate the collaboration between Bureau Veritas, PaxOcean Engineering and Hong Lam Marine to study the design of bunkering vessels with alternate future fuels such as ammonia. As a major bunkering hub, this forward-looking collaboration aligns with our maritime decarbonization efforts to be ready for a multi-fuel bunkering transition to support the future of International shipping.”
Mr Tan Thai Yong, Chief Executive Officer of PaxOcean said: “It brings me great pleasure to share that we are adding a new fuel segment into our R&D focus by co-creating ammonia-based vessel solutions with forward looking and responsible companies like Hong Lam Marine and Bureau Veritas. We look forward to a long and fruitful partnership with Hong Lam Marine and Bureau Veritas, founded upon our complementary strengths in a push to accelerate the development of ammonia bunkering in Singapore.”
Ms Caroline Yang, Chief Executive of Hong Lam Marine Pte Ltd said: “We are pleased to be participating in the project in partnership with highly respected establishments and experts in the era of decarbonisation and sustainability in the Singapore marine fuel industry and beyond.
Together, we look forward to contributing to the development and design of the ammonia bunker vessel as we focus on our long-term social and environmental responsibilities.”
Mr David Barrow, Vice President, South Asia Zone of Bureau Veritas Marine & Offshore said: “Ammonia has great potential as a zero-carbon marine fuel and can play a significant role to help shipping reach its decarbonisation goals, but to fulfil this potential, more work is needed to overcome the safety and operational challenges. These challenges can be overcome through cross-industry collaboration, and we are very pleased to be working with PaxOcean and Hong Lam Marine to develop an ammonia bunker vessel design that de-risks ammonia as a marine fuel.”
Source: Bureau Veritas
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Friday, 29 July 22
GLOBAL COAL DEMAND IS SET TO RETURN TO ITS ALL-TIME HIGH IN 2022 - IEA
The world’s consumption of coal is set to rise slightly in 2022, taking it back to the record level it reached nearly a decade ago, according ...
Thursday, 28 July 22
CREW FAMILIARISATION IS CRITICAL WHEN TAKING OVER A VESSEL - WEST P&I CLUB
Knowledge to Elevate
When a vessel changes ownership and/or manager, it can take some considerable time before the new crew and mana ...
Thursday, 28 July 22
RETURN OF COAL A THREAT TO EUROPEAN COMPANIES' ESG RATINGS - REUTERS
European companies turning to coal as an alternative to Russian gas face a hit to their environmental, social and governance ratings, leaving them ...
Wednesday, 27 July 22
MARKET INSIGHT - INTERMODAL
Amid the upcoming ban on Russian coal from the EU, which will be in full effect on August 10th, EU nations have been accelerating their coal import ...
Tuesday, 26 July 22
CAP RUSSIA'S OIL PRICE NOW - PROJECT SYNDICATE
Though the price of oil has declined in recent weeks, it is still through the roof, filtering through to gasoline prices, and causing economic and ...
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- Star Paper Mills Limited - India
- Gujarat Electricity Regulatory Commission - India
- Independent Power Producers Association of India
- Bangladesh Power Developement Board
- Minerals Council of Australia
- Ministry of Finance - Indonesia
- Central Java Power - Indonesia
- Indian Oil Corporation Limited
- Price Waterhouse Coopers - Russia
- Bukit Baiduri Energy - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Pendopo Energi Batubara - Indonesia
- Mercator Lines Limited - India
- Alfred C Toepfer International GmbH - Germany
- Straits Asia Resources Limited - Singapore
- MS Steel International - UAE
- Cement Manufacturers Association - India
- Savvy Resources Ltd - HongKong
- Sojitz Corporation - Japan
- Bahari Cakrawala Sebuku - Indonesia
- Energy Link Ltd, New Zealand
- Vedanta Resources Plc - India
- Altura Mining Limited, Indonesia
- Indo Tambangraya Megah - Indonesia
- Planning Commission, India
- Petrochimia International Co. Ltd.- Taiwan
- Gujarat Mineral Development Corp Ltd - India
- Global Green Power PLC Corporation, Philippines
- Semirara Mining Corp, Philippines
- Gujarat Sidhee Cement - India
- Lanco Infratech Ltd - India
- Maheswari Brothers Coal Limited - India
- GVK Power & Infra Limited - India
- Merrill Lynch Commodities Europe
- Sree Jayajothi Cements Limited - India
- Grasim Industreis Ltd - India
- Antam Resourcindo - Indonesia
- Parliament of New Zealand
- Simpson Spence & Young - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kapuas Tunggal Persada - Indonesia
- European Bulk Services B.V. - Netherlands
- Coalindo Energy - Indonesia
- Jindal Steel & Power Ltd - India
- Baramulti Group, Indonesia
- Aditya Birla Group - India
- Mercuria Energy - Indonesia
- Marubeni Corporation - India
- Neyveli Lignite Corporation Ltd, - India
- Sarangani Energy Corporation, Philippines
- CIMB Investment Bank - Malaysia
- London Commodity Brokers - England
- Global Business Power Corporation, Philippines
- Australian Commodity Traders Exchange
- Singapore Mercantile Exchange
- Karbindo Abesyapradhi - Indoneisa
- Rashtriya Ispat Nigam Limited - India
- Timah Investasi Mineral - Indoneisa
- Malabar Cements Ltd - India
- Trasteel International SA, Italy
- Essar Steel Hazira Ltd - India
- Meralco Power Generation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sakthi Sugars Limited - India
- Anglo American - United Kingdom
- LBH Netherlands Bv - Netherlands
- Makarim & Taira - Indonesia
- Renaissance Capital - South Africa
- Bhushan Steel Limited - India
- Uttam Galva Steels Limited - India
- Videocon Industries ltd - India
- Indian Energy Exchange, India
- Sinarmas Energy and Mining - Indonesia
- Kaltim Prima Coal - Indonesia
- Siam City Cement PLC, Thailand
- Maharashtra Electricity Regulatory Commission - India
- Metalloyd Limited - United Kingdom
- Iligan Light & Power Inc, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Globalindo Alam Lestari - Indonesia
- Indogreen Group - Indonesia
- Formosa Plastics Group - Taiwan
- Vijayanagar Sugar Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- Indika Energy - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Tamil Nadu electricity Board
- Intertek Mineral Services - Indonesia
- Agrawal Coal Company - India
- ICICI Bank Limited - India
- TeaM Sual Corporation - Philippines
- Interocean Group of Companies - India
- The State Trading Corporation of India Ltd
- McConnell Dowell - Australia
- Meenaskhi Energy Private Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Manunggal Multi Energi - Indonesia
- Eastern Energy - Thailand
- Carbofer General Trading SA - India
- Chettinad Cement Corporation Ltd - India
- Kartika Selabumi Mining - Indonesia
- India Bulls Power Limited - India
- Romanian Commodities Exchange
- Ministry of Transport, Egypt
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kideco Jaya Agung - Indonesia
- Eastern Coal Council - USA
- GAC Shipping (India) Pvt Ltd
- Xindia Steels Limited - India
- Mintek Dendrill Indonesia
- Salva Resources Pvt Ltd - India
- Petron Corporation, Philippines
- Mjunction Services Limited - India
- VISA Power Limited - India
- Riau Bara Harum - Indonesia
- Goldman Sachs - Singapore
- Banpu Public Company Limited - Thailand
- Deloitte Consulting - India
- IHS Mccloskey Coal Group - USA
- Madhucon Powers Ltd - India
- Georgia Ports Authority, United States
- Aboitiz Power Corporation - Philippines
- Binh Thuan Hamico - Vietnam
- Kobexindo Tractors - Indoneisa
- Thai Mozambique Logistica
- Sindya Power Generating Company Private Ltd
- Bayan Resources Tbk. - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Standard Chartered Bank - UAE
- Wilmar Investment Holdings
- Global Coal Blending Company Limited - Australia
- Sical Logistics Limited - India
- Directorate Of Revenue Intelligence - India
- Medco Energi Mining Internasional
- New Zealand Coal & Carbon
- Electricity Generating Authority of Thailand
- Billiton Holdings Pty Ltd - Australia
- Bhatia International Limited - India
- Ind-Barath Power Infra Limited - India
- PowerSource Philippines DevCo
- Barasentosa Lestari - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Offshore Bulk Terminal Pte Ltd, Singapore
- CNBM International Corporation - China
- International Coal Ventures Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Ambuja Cements Ltd - India
- Tata Chemicals Ltd - India
- Siam City Cement - Thailand
- Energy Development Corp, Philippines
- Semirara Mining and Power Corporation, Philippines
- White Energy Company Limited
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- ASAPP Information Group - India
- Economic Council, Georgia
- Borneo Indobara - Indonesia
- Bulk Trading Sa - Switzerland
- IEA Clean Coal Centre - UK
- Electricity Authority, New Zealand
- GN Power Mariveles Coal Plant, Philippines
- Vizag Seaport Private Limited - India
- Orica Australia Pty. Ltd.
- GMR Energy Limited - India
- Jorong Barutama Greston.PT - Indonesia
- PTC India Limited - India
- Attock Cement Pakistan Limited
- Orica Mining Services - Indonesia
- Posco Energy - South Korea
- Wood Mackenzie - Singapore
- Port Waratah Coal Services - Australia
- Bukit Makmur.PT - Indonesia
- Rio Tinto Coal - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- The University of Queensland
- Holcim Trading Pte Ltd - Singapore
- Australian Coal Association
- Bharathi Cement Corporation - India
- Kepco SPC Power Corporation, Philippines
- Kumho Petrochemical, South Korea
- Ministry of Mines - Canada
- Africa Commodities Group - South Africa
- SMC Global Power, Philippines
- Samtan Co., Ltd - South Korea
- Edison Trading Spa - Italy
- Therma Luzon, Inc, Philippines
- Dalmia Cement Bharat India
- The Treasury - Australian Government
- Leighton Contractors Pty Ltd - Australia
- Bhoruka Overseas - Indonesia
- South Luzon Thermal Energy Corporation
- AsiaOL BioFuels Corp., Philippines
- Chamber of Mines of South Africa
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Power Finance Corporation Ltd., India
- SMG Consultants - Indonesia
- Toyota Tsusho Corporation, Japan
- OPG Power Generation Pvt Ltd - India
- Coal and Oil Company - UAE
- Thiess Contractors Indonesia
- Central Electricity Authority - India
- Directorate General of MIneral and Coal - Indonesia
- Coastal Gujarat Power Limited - India
- Indonesian Coal Mining Association
- Larsen & Toubro Limited - India
- Cigading International Bulk Terminal - Indonesia
- Commonwealth Bank - Australia
- Oldendorff Carriers - Singapore
- Latin American Coal - Colombia
- Parry Sugars Refinery, India
- San Jose City I Power Corp, Philippines
- Heidelberg Cement - Germany
- PNOC Exploration Corporation - Philippines
- Jaiprakash Power Ventures ltd
- Karaikal Port Pvt Ltd - India
- Miang Besar Coal Terminal - Indonesia
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