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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, 22 July 22
MARKET INSIGHT - INTERMODAL
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Friday, 22 July 22
YANCOAL AUSTRALIA CUTS 2022 COAL OUTPUT VIEW AS FLOODS, COVID BITE - REUTERS
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Wednesday, 20 July 22
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MARPOL Annex VI regulations were written for petroleum derived fuels but also apply to biofuels. It has been a challenge to meet the regulatory req ...
Wednesday, 20 July 22
INDONESIA’S COAL EXPORTS TO THE EU INCREASED SIGNIFICANTLY RECENTLY
European countries have increased coal imports from Indonesia due to the energy crisis that hit the region after Russia cuts gas exports to Europe. ...
Tuesday, 19 July 22
DRY BULK MARKET: CAPESIZE MARKET FIRMS THIS WEEK - BALTIC EXCHANGE
Capesize
Firmer sentiment across both basins pushed the Capesize 5TC route average above the $20,000 threshold this week, closing at $24,209. A ...
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- Bukit Asam (Persero) Tbk - Indonesia
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- Grasim Industreis Ltd - India
- Parliament of New Zealand
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- Ministry of Finance - Indonesia
- Bharathi Cement Corporation - India
- MS Steel International - UAE
- SN Aboitiz Power Inc, Philippines
- Barasentosa Lestari - Indonesia
- Malabar Cements Ltd - India
- Meralco Power Generation, Philippines
- Rashtriya Ispat Nigam Limited - India
- White Energy Company Limited
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- Gujarat Electricity Regulatory Commission - India
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- Holcim Trading Pte Ltd - Singapore
- Heidelberg Cement - Germany
- Global Business Power Corporation, Philippines
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- Bhushan Steel Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Electricity Generating Authority of Thailand
- SMC Global Power, Philippines
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- Ministry of Mines - Canada
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- Economic Council, Georgia
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- Indonesian Coal Mining Association
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- Commonwealth Bank - Australia
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- Directorate General of MIneral and Coal - Indonesia
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- TeaM Sual Corporation - Philippines
- Coalindo Energy - Indonesia
- Maharashtra Electricity Regulatory Commission - India
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- Latin American Coal - Colombia
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- Eastern Energy - Thailand
- VISA Power Limited - India
- The State Trading Corporation of India Ltd
- Sree Jayajothi Cements Limited - India
- Cigading International Bulk Terminal - Indonesia
- Independent Power Producers Association of India
- Indo Tambangraya Megah - Indonesia
- Deloitte Consulting - India
- Thai Mozambique Logistica
- Billiton Holdings Pty Ltd - Australia
- Tamil Nadu electricity Board
- GN Power Mariveles Coal Plant, Philippines
- Larsen & Toubro Limited - India
- Medco Energi Mining Internasional
- PNOC Exploration Corporation - Philippines
- Star Paper Mills Limited - India
- Semirara Mining and Power Corporation, Philippines
- Makarim & Taira - Indonesia
- Sakthi Sugars Limited - India
- London Commodity Brokers - England
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- Kepco SPC Power Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Mintek Dendrill Indonesia
- Wilmar Investment Holdings
- Altura Mining Limited, Indonesia
- LBH Netherlands Bv - Netherlands
- Xindia Steels Limited - India
- Lanco Infratech Ltd - India
- Globalindo Alam Lestari - Indonesia
- Sarangani Energy Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Madhucon Powers Ltd - India
- Cement Manufacturers Association - India
- Chettinad Cement Corporation Ltd - India
- Marubeni Corporation - India
- Miang Besar Coal Terminal - Indonesia
- Australian Coal Association
- Indogreen Group - Indonesia
- Price Waterhouse Coopers - Russia
- Electricity Authority, New Zealand
- Toyota Tsusho Corporation, Japan
- IHS Mccloskey Coal Group - USA
- Sindya Power Generating Company Private Ltd
- International Coal Ventures Pvt Ltd - India
- Meenaskhi Energy Private Limited - India
- Power Finance Corporation Ltd., India
- GMR Energy Limited - India
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- Riau Bara Harum - Indonesia
- ICICI Bank Limited - India
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- Bukit Makmur.PT - Indonesia
- Wood Mackenzie - Singapore
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- Directorate Of Revenue Intelligence - India
- Romanian Commodities Exchange
- Attock Cement Pakistan Limited
- Formosa Plastics Group - Taiwan
- Energy Link Ltd, New Zealand
- The University of Queensland
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- Bulk Trading Sa - Switzerland
- Intertek Mineral Services - Indonesia
- Karbindo Abesyapradhi - Indoneisa
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- AsiaOL BioFuels Corp., Philippines
- GAC Shipping (India) Pvt Ltd
- New Zealand Coal & Carbon
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- India Bulls Power Limited - India
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- Energy Development Corp, Philippines
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- Parry Sugars Refinery, India
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- Ministry of Transport, Egypt
- Bangladesh Power Developement Board
- Simpson Spence & Young - Indonesia
- IEA Clean Coal Centre - UK
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- Krishnapatnam Port Company Ltd. - India
- Petron Corporation, Philippines
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- Indika Energy - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Coal and Oil Company - UAE
- Gujarat Sidhee Cement - India
- Pipit Mutiara Jaya. PT, Indonesia
- Renaissance Capital - South Africa
- Neyveli Lignite Corporation Ltd, - India
- Gujarat Mineral Development Corp Ltd - India
- Planning Commission, India
- SMG Consultants - Indonesia
- Edison Trading Spa - Italy
- Standard Chartered Bank - UAE
- Bayan Resources Tbk. - Indonesia
- Goldman Sachs - Singapore
- Singapore Mercantile Exchange
- Kapuas Tunggal Persada - Indonesia
- Orica Mining Services - Indonesia
- Dalmia Cement Bharat India
- Karaikal Port Pvt Ltd - India
- Vizag Seaport Private Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Chamber of Mines of South Africa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Mercator Lines Limited - India
- Sojitz Corporation - Japan
- Kideco Jaya Agung - Indonesia
- Vedanta Resources Plc - India
- Thiess Contractors Indonesia
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- Uttam Galva Steels Limited - India
- Sical Logistics Limited - India
- Minerals Council of Australia
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- Siam City Cement - Thailand
- San Jose City I Power Corp, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Alfred C Toepfer International GmbH - Germany
- OPG Power Generation Pvt Ltd - India
- Pendopo Energi Batubara - Indonesia
- Mjunction Services Limited - India
- Interocean Group of Companies - India
- Samtan Co., Ltd - South Korea
- Africa Commodities Group - South Africa
- Ambuja Cements Ltd - India
- ASAPP Information Group - India
- Asmin Koalindo Tuhup - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Siam City Cement PLC, Thailand
- Coastal Gujarat Power Limited - India
- European Bulk Services B.V. - Netherlands
- Agrawal Coal Company - India
- Posco Energy - South Korea
- Port Waratah Coal Services - Australia
- Mercuria Energy - Indonesia
- Bhoruka Overseas - Indonesia
- Indian Oil Corporation Limited
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- Jindal Steel & Power Ltd - India
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