Shipowners switching to biomethanol as a marine fuel to curb CO2 emissions would face higher bunker bills at today's prices.
Partnership also covers the analysis of future regulations, as well as efforts to raise awareness of the benefits of BioLNG and synthetic methane.
Global Methane Pledge is positive news for LNG as a marine fuel; stronger regulation of methane emissions should create more certainty for the shipping industry.
Industry leaders will sound a warning at COP26 that lack of investment in developing green technologies is the biggest threat to achieving decarbonisation targets.
Project aims to jointly explore the combination of methanol fuel cells, batteries, storage/handling systems, electric drives and propulsion units.
Group will conduct a trial with an in-service vessel equipped with a hydrogen-fuelled engine, aiming to commercialise net zero hydrogen-powered vessels.
Vessel, powered by MAN engine and equipped with two 6,000 m3 C-type ammonia fuel tanks, will have endurance for a round-trip voyage to the Middle East.
New barge will be a sister vessel to the liquefied natural gas (LNG) bunker barge Clean Canaveral which will be delivered to affiliate Polaris in mid-November.
Fratelli Cosulich teams up with SeaTech and classification society Rina to develop a design for an ammonia bunker delivery tanker.
3,000 dwt “Dafeng 3001” and 2,000 dwt “Zhonghe 2001” were developed under the Green Pearl River project which aims to build 50 LNG powered ships.