Mitsui O.S.K. Lines, Ltd. announced that, through its wholly-owned subsidiary MOL Clean Energy, US. LLC, it decided to invest in HIF Global LLC (HIF; CEO: Cesar Norton, Headquarters: Houston, Texas, U.S.), a company developing and operating e-Fuels projects globally. HIF has a production target of about 4 million tons per year (Note 1) of synthetic fuel (e-fuel) and synthetic methanol (e-methanol) from green hydrogen derived from renewable energy sources and recycled CO2 in four countries: the U.S., Chile, Uruguay, and Australia. e-Fuels and e-Methanol are expected to achieve swift and ...

HIF Global, the world’s leading e-Fuels company, announced an investment from Mitsui O.S.K. Lines, LTD. (MOL), the international shipping company, to finance the expansion of its e-Fuels projects in the USA, Australia, Chile, and Uruguay. MOL is the third Japanese entity to invest in HIF Global this year, following the Japanese energy company Idemitsu Kosan announced last May, and an investment by the Japan Organization for Metals and Energy Security (JOGMEC). The HIF – Japanese partnership now represents a value chain of collective capabilities, where HIF produces e-Fuels, MOL transports ...

ABS granted an approval in principle (AIP) to HD Hyundai Mipo (HMD) for its design of a liquefied carbon dioxide (LCO2) carrier. Presented at Gastech 2024, the AIP represented the culmination of a joint development project between ABS and HMD. HMD developed a cargo containment system optimized for a 35,000 cbm LCO2 carrier using new cargo tank materials. ABS completed design reviews based on class and statutory requirements for liquefied gas carriers. “Capturing and transporting carbon are key components in the carbon value chain for the global energy transition. ABS ...

Pole Star Global has announced the expansion of its Podium Emissions Module, a key solution within the Podium platform, designed to help vessels navigate evolving regulations and future-proof their emissions management strategies. The expanded Emissions Module on Podium offers vessels advanced tools to track and record greenhouse gas (GHG) emissions, optimise voyages, and ensure seamless reporting and compliance. The enhanced module provides several key benefits, including: Manage EU ETS Responsibility: The Emissions Module acts as a unified platform to standardize emission data and streamline communication among stakeholders, ensuring consistent reporting ...

Representatives from ABS and IMODCO Terminals SA, a division of SBM Offshore, met at Gastech 2024 where ABS issued approvals in principle (AIPs) for a range of jetty-less New Energy Terminal concepts to move frequent, large-volume ammonia transfers away from shore. IMODCO is applying a proven jetty-less system for moving crude oil to support the supply chain for new fuels such as ammonia. ABS reviewed the designs for IMODCO’s Catenary Anchor Leg Mooring (CALM) buoy, CALM soft yoke and Tower Loading Unit (TLU), which offer ammonia carriers a connection to ...

Technology group Wärtsilä, in partnership with Chevron Shipping Company LLC plans to convert one engine on six of Chevron Transport Corporation Ltd.’s LNG Carriers from dual-fuel (DF) to spark gas (SG) operation. The conversions are intended to reduce greenhouse gas emissions by lowering methane slip in support of Chevron Shipping’s broader efforts to reduce the carbon intensity of its operations. This marine industry first was made possible after two years of collaboration between the companies. The order for the first two vessels was booked by Wärtsilä in Q3 2024. LNG, ...

KR (Korean Register) has awarded an Approval in Principle (AiP) to HD Hyundai Mipo (HD HMD) for their innovative 23K Ammonia Bunkering Vessel and 18K LNG Bunkering Vessel on September 18, at GASTECH 2024, paving the way for green shipping. The development of these vessels represents a significant advancement in the maritime industry’s efforts to meet the International Maritime Organization’s (IMO) ambitious greenhouse gas reduction targets, which include at least 20% by 2030 and 70% by 2040, with a goal of achieving net-zero emissions by 2050. The IMO’s move has ...

Oil Spill Response Limited (OSRL) is pleased to have played a crucial role in supporting the recent ammonia ship-to-ship transfer pilot, launched through a tripartite collaboration between the Global Centre for Maritime Decarbonisation (GCMD), Pilbara Ports and Yara Clean Ammonia (YCA). This groundbreaking operation, conducted at the Port of Dampier in the Pilbara region of Western Australia, represents a step forward in realising Pilbara’s potential as a green ammonia bunkering hub. Oil Spill Response Limited (OSRL) has collaborated with industry leaders involved in this trial to develop an emergency response ...

DNV has granted a General Approval for Ship Application (GASA) to HD Hyundai Heavy Industries (HHI) for their new LNG carrier design. The new design has been developed to offer enhanced cargo capacity, improved operational efficiency, and reduced maintenance costs. A key design innovation is a streamlined configuration with three instead of four cargo tanks. This is intended to maximize cargo capacity and reduce the number of pump towers and associated cryogenic equipment, such as liquid and gas domes, valves, and piping. As a result, maintenance costs are expected to ...

Lloyd’s Register (LR), Mediterranean Shipping Company (MSC), Shanghai Merchant Ship Design & Research Institute (SDARI) and MAN Energy Solutions (MAN-ES) have signed a new Memorandum of Understanding (MOU), which now includes the Liberian International Ship and Corporate Registry (LISCR), to enhance the design for the ammonia dual-fuel operation of an 8200 TEU container ship. The MOU was signed at LR’s Container Ship Forum at SMM in Hamburg on 5 September. The agreement is a continuation of a joint development project, which started in May 2023, aimed to further develop the ...

The world’s first ship-to-ship transfer of ammonia using vessels at anchorage in a working port environment has been completed. The transfer is a significant step towards realizing ammonia as a shipping fuel and enable bunkering worldwide. Yara contributed with their experience and knowledge on safe handling of ammonia, nominated an ammonia vessel from their Time Charter fleet, and the ammonia used in the transfers. “This demonstrates that ammonia transfer can be done with the highest safety standards and efficiency in a working port environment. The transfer is a major milestone ...

At GASTECH 2024 in Houston, KR (Korean Register) announced that it has signed a Memorandum of Understanding (MoU) with HD Hyundai Heavy Industries (HD HHI) to develop an enhanced ammonia fuel supply system. The International Maritime Organization (IMO) has established a target to achieve net-zero greenhouse gas emissions by 2050. In line with this regulatory goal, there is a global acceleration in the development of alternative fuel technologies. Ammonia is emerging as a promising alternative fuel due to its sustainable advantages, including ease of storage and transportation, and avoidance of ...

Mitsui O.S.K. Lines, Ltd. has joined the Ammonia STS trial which was led and successfully completed by the Global Centre for Maritime Decarbonisation (GCMD). In the absence of ammonia bunkering infrastructure, STS transfers offer the closest proxy to bunkering operations when it replicates the essential steps involved. With this objective in mind, the trial was conducted with a transfer to simulate bunkering at the Port of Dampier in the Pilbara region of Australia, an ammonia production region. It is also expected to be one of the ammonia bunkering hubs in ...

HD Hyundai Marine Solution, HD Hyundai Engineering & Technology, HD Korea Shipbuilding & Offshore Engineering (HD KSOE), and Hyundai Heavy Industries Power Systems have successfully obtained Approval in Principle (AiP) from DNV for their design of an onboard carbon capture and storage (OCCS) system for retrofits. The retrofit design, which is applicable to a wide range of vessels, showcases the collaborative efforts of the HD Hyundai affiliates. With the global maritime industry increasingly focused on reducing carbon emissions, DNV’s AiP confirms that the OCCS technology is both feasible and prepared ...

Enhancing their collaboration on cutting-edge marine and technology projects, ABS and HD Korea Shipbuilding & Offshore Engineering (HD KSOE) signed a memorandum of understanding (MOU) to advance the development and certification of innovative systems for next-generation, zero-carbon ships. Representatives from both companies met at Gastech 2024 for the signing ceremony. Entitled “Cooperation on the Advanced Zero-Carbon Ships,” the MOU focuses on integrating advanced technologies in three main areas: A novel LNG cargo handling system that utilizes full re-liquefaction system to suppress boil-off gas (BOG) for zero-carbon LNG carriers A comprehensive ...