Ammonia-fuelled tanker Joint Development Project partners MISC Berhad, LR, Samsung Heavy Industries and MAN Energy Solutions announced the entry of two new partners the Maritime and Port Authority of Singapore and Yara International ASA (at a recent webinar focused on Ammonia as a Shipping Fuel which was organised by The Getting to Zero Coalition’s Fuels & Technologies workstream. The JDP partners also went on to announce the name of the expanded coalition – The Castor Initiative. Leading fertilizer company Yara will work alongside MISC, LR, SHI and MAN to develop ammonia propulsion ships to support the maritime industry’s drive to decarbonisation. In addition, the consortium will be able to tap into MPA’s experience as a bunkering hub and flag state to gather insights on safety issues and ammonia bunkering procedures, and gain access to research capabilities in Singapore. The addition of MPA and Yara means that the alliance, which was first unveiled in January 2020, now has a complete representation from all areas of the maritime ecosystem. The experience and expertise of each partner will be central to the success of the initiative, from conception to project realisation. This announcement follows a key project milestone in September 2020 when LR awarded Approval in Principle to SHI for its ammonia-fuelled tanker design with the aim of commercialising these developments by 2024.
Ammonia-fuelled tanker Joint Development Project partners MISC Berhad, LR, Samsung Heavy Industries and MAN Energy Solutions announced the entry of two new partners the Maritime and Port Authority of Singapore and Yara International ASA (at a recent webinar focused on Ammonia as a Shipping Fuel which was organised by The Getting to Zero Coalition’s Fuels & Technologies workstream. The JDP partners also went on to announce the name of the expanded coalition – The Castor Initiative. Leading fertilizer company Yara will work alongside MISC, LR, SHI and MAN to develop ammonia propulsion ships to support the maritime industry’s drive to decarbonisation. In addition, the consortium will be able to tap into MPA’s experience as a bunkering hub and flag state to gather insights on safety issues and ammonia bunkering procedures, and gain access to research capabilities in Singapore. The addition of MPA and Yara means that the alliance, which was first unveiled in January 2020, now has a complete representation from all areas of the maritime ecosystem. The experience and expertise of each partner will be central to the success of the initiative, from conception to project realisation. This announcement follows a key project milestone in September 2020 when LR awarded Approval in Principle to SHI for its ammonia-fuelled tanker design with the aim of commercialising these developments by 2024.
