A MEMORANDUM of understanding has been signed by a group of partners for a development study on the use of ammonia as a marine fuel in Singapore.
The consortium will consist of ITOCHU, ITOCHU ENEX, Vopak Terminals Singapore, Pavilion Energy Singapore, Mitsui O.S.K. Lines (MOL), and Total Marine Fuels.
The International Maritime Organization (IMO) adopted a target in 2018 to reduce CO2 emissions for shipping by at least 40% by 2030 compared to 2018 levels. The MOU will look at the possibility of developing an ammonia fuel supply chain, which will include an on- or off-shore facility in Singapore, as well as safety guidelines for ammonia bunkering.
Catch up on the latest news, views and jobs from The Chemical Engineer. Below are the four latest issues. View a wider selection of the archive from within the Magazine section of this site.