Several industry players from the energy, mining, power utility, chemical, terminal, shipping, shipbuilding, manufacture, bunkering, and classification society sectors on Friday (11 June) announced a “Joint Study” framework for studying common issues on ammonia as an alternative marine fuel, according to ClassNK.
The 23 founding signatories of this Joint Study framework include ABS, ANGLO AMERICAN, CLASSNK, DNV, EQUINOR, FORTESCUE METALS GROUP, GENCO SHIPPING & TRADING, JERA, K-LINE, MAN ENERGY SOLUTIONS, MITSUI E&S MACHINERY, NIHON SHIPYARD, NS UNITED, PAVILION ENERGY, TOTALENERGIES, TRAFIGURA, UBE INDUSTRIES, UNIPER SE, UYENO TRANSTECH, VALE, VOPAK TERMINAL SINGAPORE, ITOCHU ENEX and ITOCHU.
The purpose of this Joint Study is not limited to verify and sort out common issues on ammonia as an alternative marine fuel which is new challenges of all of maritime industry players, but also the key element closely linked to the integrated project with the development of ammonia fuelled ship and the development of worldwide supply chain of ammonia by ITOCHU and other partners.
In line with the agreed procedure, common issues including (1) Safety assessment of NH3 fuel ship under guideline, (2) Safety assessment of NH3 bunkering, (3) NH3 fuel specification, and (4) NET CO2 emission at NH3 production, are going to be discussed in this Joint Study framework.
Moreover, this framework may ask some of NH3 producers, relevant international organizations, port authorities/regulators in potential bunkering countries to share their opinion, view, expertise and experience.
With international momentum towards the transition to a decarbonized society since the Paris Agreement came into effect in 2016, the International Maritime Organization (IMO) adopted a strategy for the reduction of greenhouse gas (GHG) emissions within the maritime industry in 2018.
This strategy sets targets to reduce CO2 emissions per transport work – as an average across international shipping – by at least 40% by 2030 (compared to 2008 levels), to reduce CO2 emissions by 50% by 2050, and to phase them out entirely (zero-emissions) during this century.
In order to achieve these goals, the early adoption of ammonia as a suitable zero emission, alternative marine fuel is one of the key elements.
This Joint Study framework keeps the door open for companies or organizations which have an interest in participating this Joint Study. Interested participants may contact ITOCHU (see below contact details) or any participants to join in the study.
ITOCHU Corporation Marine Department
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21 Jul 2021