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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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Thursday, 22 December 22
CHINA TIGHTENS VERIFICATION OF SHIPS’ ENERGY CONSUMPTION DATA - GARD
From 22 December 2022, ships trading to Chinese ports must record their energy consumption data in accordance with the requirements of their Ship E ...
Thursday, 22 December 22
AN OVERVIEW OF THE LNG MARKET - VESSELSVALUE
LNG values have continued to strengthen, spurred by skyrocketing earnings that have surpassed last year’s record breaking peaks. In November, ...
Thursday, 22 December 22
COKING COAL SLUMPS AS TALKS ON AUSTRALIA-CHINA TRADE RIFT LOOM - REUTERS
Chinese coking coal futures dropped more than 3 per cent on Tuesday (Dec 20), extending losses, as supply of the steelmaking input might increase i ...
Thursday, 22 December 22
COAL AND GAS PRICE CAPS MAY COMPOUND POLITICAL RISK FOR AUSTRALIAN CORPORATES - FITCH RATINGS
Australia’s introduction of temporary price caps on domestic sales of gas and coal used for electricity generation will probably have limited ...
Monday, 19 December 22
ENERGY CRISIS FUELS COAL COMEBACK IN GERMANY - REUTERS
Coal has made a comeback in Germany this year, as Europe’s largest economy turns to the dirty fuel to power it through an energy crisis.
...
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- Indo Tambangraya Megah - Indonesia
- Indian Oil Corporation Limited
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- Kepco SPC Power Corporation, Philippines
- ICICI Bank Limited - India
- OPG Power Generation Pvt Ltd - India
- Semirara Mining Corp, Philippines
- Aditya Birla Group - India
- Karbindo Abesyapradhi - Indoneisa
- Ambuja Cements Ltd - India
- Mercuria Energy - Indonesia
- San Jose City I Power Corp, Philippines
- Alfred C Toepfer International GmbH - Germany
- Anglo American - United Kingdom
- Medco Energi Mining Internasional
- Global Business Power Corporation, Philippines
- TeaM Sual Corporation - Philippines
- Rashtriya Ispat Nigam Limited - India
- Eastern Energy - Thailand
- Samtan Co., Ltd - South Korea
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- Energy Development Corp, Philippines
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- Romanian Commodities Exchange
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- Agrawal Coal Company - India
- GMR Energy Limited - India
- SN Aboitiz Power Inc, Philippines
- Electricity Authority, New Zealand
- Makarim & Taira - Indonesia
- IHS Mccloskey Coal Group - USA
- Madhucon Powers Ltd - India
- Petron Corporation, Philippines
- The University of Queensland
- Kapuas Tunggal Persada - Indonesia
- IEA Clean Coal Centre - UK
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- Wilmar Investment Holdings
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- Intertek Mineral Services - Indonesia
- Aboitiz Power Corporation - Philippines
- Lanco Infratech Ltd - India
- Kartika Selabumi Mining - Indonesia
- Indogreen Group - Indonesia
- Singapore Mercantile Exchange
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- Minerals Council of Australia
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- Coal and Oil Company - UAE
- Formosa Plastics Group - Taiwan
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- Metalloyd Limited - United Kingdom
- Banpu Public Company Limited - Thailand
- PTC India Limited - India
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- Videocon Industries ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Kaltim Prima Coal - Indonesia
- Tata Chemicals Ltd - India
- CNBM International Corporation - China
- Bayan Resources Tbk. - Indonesia
- Essar Steel Hazira Ltd - India
- Interocean Group of Companies - India
- Holcim Trading Pte Ltd - Singapore
- Bharathi Cement Corporation - India
- Oldendorff Carriers - Singapore
- PNOC Exploration Corporation - Philippines
- VISA Power Limited - India
- Australian Coal Association
- Dalmia Cement Bharat India
- Bhushan Steel Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Bulk Trading Sa - Switzerland
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- Bhoruka Overseas - Indonesia
- Malabar Cements Ltd - India
- Savvy Resources Ltd - HongKong
- GAC Shipping (India) Pvt Ltd
- Merrill Lynch Commodities Europe
- Cigading International Bulk Terminal - Indonesia
- Marubeni Corporation - India
- Toyota Tsusho Corporation, Japan
- Ind-Barath Power Infra Limited - India
- South Luzon Thermal Energy Corporation
- Coalindo Energy - Indonesia
- Kobexindo Tractors - Indoneisa
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- Sindya Power Generating Company Private Ltd
- Power Finance Corporation Ltd., India
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- Sakthi Sugars Limited - India
- Larsen & Toubro Limited - India
- PowerSource Philippines DevCo
- New Zealand Coal & Carbon
- Bangladesh Power Developement Board
- McConnell Dowell - Australia
- Neyveli Lignite Corporation Ltd, - India
- Price Waterhouse Coopers - Russia
- Maharashtra Electricity Regulatory Commission - India
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- Posco Energy - South Korea
- Jorong Barutama Greston.PT - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Attock Cement Pakistan Limited
- Bahari Cakrawala Sebuku - Indonesia
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- Salva Resources Pvt Ltd - India
- Goldman Sachs - Singapore
- Ministry of Transport, Egypt
- Kohat Cement Company Ltd. - Pakistan
- Trasteel International SA, Italy
- Indonesian Coal Mining Association
- Leighton Contractors Pty Ltd - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Siam City Cement - Thailand
- Africa Commodities Group - South Africa
- London Commodity Brokers - England
- Semirara Mining and Power Corporation, Philippines
- Sical Logistics Limited - India
- Krishnapatnam Port Company Ltd. - India
- Gujarat Electricity Regulatory Commission - India
- SMC Global Power, Philippines
- Iligan Light & Power Inc, Philippines
- Binh Thuan Hamico - Vietnam
- Bukit Baiduri Energy - Indonesia
- Riau Bara Harum - Indonesia
- Indika Energy - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Parliament of New Zealand
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- AsiaOL BioFuels Corp., Philippines
- Directorate General of MIneral and Coal - Indonesia
- ASAPP Information Group - India
- Global Green Power PLC Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indian Energy Exchange, India
- Gujarat Sidhee Cement - India
- Chamber of Mines of South Africa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Billiton Holdings Pty Ltd - Australia
- Wood Mackenzie - Singapore
- Grasim Industreis Ltd - India
- Independent Power Producers Association of India
- Latin American Coal - Colombia
- European Bulk Services B.V. - Netherlands
- Edison Trading Spa - Italy
- Heidelberg Cement - Germany
- Vijayanagar Sugar Pvt Ltd - India
- CIMB Investment Bank - Malaysia
- Ministry of Mines - Canada
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- Sinarmas Energy and Mining - Indonesia
- Orica Australia Pty. Ltd.
- Meralco Power Generation, Philippines
- Baramulti Group, Indonesia
- Vedanta Resources Plc - India
- SMG Consultants - Indonesia
- Renaissance Capital - South Africa
- Maheswari Brothers Coal Limited - India
- LBH Netherlands Bv - Netherlands
- Bank of Tokyo Mitsubishi UFJ Ltd
- Eastern Coal Council - USA
- Australian Commodity Traders Exchange
- India Bulls Power Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- Sarangani Energy Corporation, Philippines
- Borneo Indobara - Indonesia
- Economic Council, Georgia
- PetroVietnam Power Coal Import and Supply Company
- Rio Tinto Coal - Australia
- Georgia Ports Authority, United States
- Parry Sugars Refinery, India
- Siam City Cement PLC, Thailand
- Karaikal Port Pvt Ltd - India
- Kumho Petrochemical, South Korea
- Bukit Makmur.PT - Indonesia
- Bhatia International Limited - India
- Mintek Dendrill Indonesia
- Uttam Galva Steels Limited - India
- Energy Link Ltd, New Zealand
- Altura Mining Limited, Indonesia
- The Treasury - Australian Government
- Antam Resourcindo - Indonesia
- Vizag Seaport Private Limited - India
- International Coal Ventures Pvt Ltd - India
- MS Steel International - UAE
- Timah Investasi Mineral - Indoneisa
- Therma Luzon, Inc, Philippines
- Deloitte Consulting - India
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