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Amogy and Yara Clean Ammonia sign MoU to further develop ammonia as marine fuel source

Yara will consider Amogy’s ammonia-to-power system as a zero-emissions solution for use within future shipping projects; both will pursue opportunities with external partners.

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Ammonia power solutions firm Amogy Inc. on Wednesday (9 November) said it has signed a memorandum of understanding (MoU) with Yara Clean Ammonia (YCA), a decarbonisation-focused subsidiary of global ammonia producer Yara International ASA.

Under the MoU, Yara will consider Amogy’s ammonia-to-power system as a zero-emissions solution for use within future shipping projects.

The companies will also pursue opportunities with external partners, including shipowners, for Amogy to deliver its proprietary technology and YCA to deliver clean ammonia.

Amogy has developed a proprietary ammonia-to-power platform, already demonstrated in a drone and heavy-duty tractor, which relies on a unique ammonia cracking technology in which hydrogen is extracted from ammonia on-board for use in a fuel cell. Amogy is currently scaling this energy-dense, zero-carbon power system for use in maritime vessels, to support the decarbonisation of global shipping.

“This collaboration with Yara Clean Ammonia is a natural next step for Amogy following the establishment of our Norway operations earlier this year,” said Seonghoon Woo, Co-Founder and CEO of Amogy.

“YCA operates a vast global ammonia network and understands the value of the compound as a next-generation fuel to decarbonise hard-to-abate sectors, like shipping. This agreement provides a fantastic opportunity for Amogy to work alongside innovators in this space to support further demonstrations of our technology in maritime vessels.”

As Amogy pursues commercialisation of its technology within oceangoing vessels, YCA and Amogy will collaborate for these efforts, including potential integrations in tugboats, barges, offshore supply vessels and other ships.

“Amogy’s work with Yara Clean Ammonia will provide us with more opportunities to demonstrate and deliver ammonia-to-power technologies to the maritime sector,” said Christian Berg, Managing Director for Amogy Norway.

“As a former member of their team, I’m very familiar with YCA’s commitment to driving innovation in ammonia production and transportation to support cleaner shipping and food production. With access to YCA’s ammonia and partner portfolio, Amogy can introduce proven zero-carbon fuelling opportunities to more changemakers around the world and move toward our goal of decarbonising the transportation industry by 2050.”

Partnerships between companies like Amogy and Yara Clean Ammonia are essential to demonstrate ammonia as a zero-carbon fuel solution and identify new use cases for clean ammonia within global supply chains, the two companies said.

“At Yara Clean Ammonia, we take our role within the ammonia and hydrogen ecosystem very seriously. Through this collaboration with Amogy, we can explore valuable applications for ammonia as a fuel within the transportation, export and trading networks,” said Magnus Krogh Ankarstrand, president of Yara Clean Ammonia.

“We’re excited to support their efforts to further demonstrate the viability of ammonia power technologies in the shipping industry and explore opportunities to integrate their platform into our operations as well as the introduction of their technology to existing and future partnerships, as a future solution for decarbonisation.”

Amogy also recently announced the first commercial deployment of its technology in an ammonia tank barge in 2023, in partnership with Southern Devall.

Related: Southern Devall takes first steps for ammonia-powered fleet with Amogy ammonia-to-power tech

Related: Amogy and Amon Maritime sign MoU to advance ammonia-powered shipping

 

 

Photo credit: Amogy

Published: 10 November, 2022

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Singapore: Annual general meetings scheduled for Xihe Holdings subsidiaries

Annual general meetings of companies/creditors will be held for Xin Chun Shipping (Pte) Ltd and Xin Dun Shipping (Pte) Ltd on 11 July and 9 July respectively, according to Government Gazette notices.

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Notices were published on the Government Gazette on Friday (21 June) regarding scheduled annual meetings for two Xihe Holdings subsidiaries Xin Chun Shipping (Pte) Ltd and Xin Dun Shipping (Pte) Ltd.

Annual general meetings for Xin Chun Shipping are to be held on 11 July at the following times:

For the company: 10.00 am
For the creditors: 11.00 am 

Annual general meeting for Xin Dun Shipping are to be held on 9 July at the following times:

For the company: 10.00 am
For the creditors: 11.00 am

AGENDA

  1. To receive an update on the liquidation.
  2. To receive an account of the Liquidators’ acts and dealings, and of the conduct of the winding up.

The following are the details of the liquidator:

Ho May Kee
Liquidator
c/o 8 Marina View
#40-04/05 Asia Square Tower 1
Singapore 018960

Xihe Holdings Pte Ltd and its subsidiaries are owned by the Lim family, who are also the owners of the embattled Hin Leong Trading.

Related: JMs: First creditors meeting of Xihe Holdings subsidiaries to be held in January 2021

 

Photo credit: Benjamin-Child
Published: 24 June, 2024

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ENGINE: Americas Bunker Fuel Availability Outlook (20 June 2024)

Tropical Storm Alberto disrupts US Gulf Coast bunkering; good demand in Baltimore; muted demand in Rio Grande.

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The following article regarding bunker fuel availability in the Americas region has been provided by online marine fuel procurement platform ENGINE for post on Singapore bunkering publication Manifold Times:

  • Tropical Storm Alberto disrupts US Gulf Coast bunkering
  • Good demand in Baltimore
  • Muted demand in Rio Grande

North America

Bunker demand has slowed in Houston and several other locations along the US Gulf Coast due to adverse weather conditions caused by Tropical Storm Alberto. Since Wednesday morning, all vessel traffic through the Houston Ship Channel has been suspended. The storm has brought heavy rain and high winds to the region, impacting vessel navigation.

Bunker barges can still operate in the northern part of the channel but are unable to head south. This is expected to delay bunker deliveries in Houston, Bolivar Roads, Freeport, Beaumont and Lake Charles.

Tropical Storm Alberto made landfall on the northeastern coast of Mexico on Thursday. All operations have been suspended at Mexico's Tampico port, where bunker demand is usually very low due to the high prices of all fuel grades.

The Corpus Christi area is also experiencing heavy rainfall, and the storm is likely to upgrade to Tropical Cyclone Category 1. This may cause further delays for barges heading to Point Comfort.

Despite weather challenges, availability has been normal in Houston across grades. Several suppliers in Houston have ample VLSFO and LSMGO supplies and can offer prompt deliveries, depending on the weather conditions.

Demand in the New Orleans Outer Anchorage (NOLA) has picked up this week amid disruptions in most of the Gulf Coast ports. Several suppliers are able to offer VLSFO and LSMGO stems with a lead time of 4–7 days.

Bunkering has been suspended in the Galveston Offshore Lightering Area (GOLA) since Monday amid extremely rough weather conditions. The region is currently facing gale-force wind gusts of 41 knots, and the weather is forecasted to remain severe until Sunday.

Demand has remained low in the West Coast ports of Long Beach and Los Angeles this week. Availability of all grades is normal, with lead times of around 5-7 days recommended in both ports.

On the other hand, San Francisco on the West Coast has seen an uptick in demand this week.

VLSFO and LSMGO availability is normal in the East Coast port of New York. Overall, bunker demand has been slow in New York so far this week.

Baltimore has seen a steady flow of enquiries this week. The port's bunker demand is gradually picking up after the channel reopened fully earlier this month.

Caribbean and Latin America

Bunker fuel demand has been good in Panama's Balboa and Cristobal. Product availability is also good in both locations, with several suppliers able to supply all fuel grades with a lead time of 5-7 days.

As of now, the Panama Canal Authority allows 32 daily transits. This number will be increased to 33 starting 11 July and further to 34 transits from 22 July.

VLSFO and LSMGO grades are available at Argentina’s Zona Comun anchorage, with recommended lead times of 5-7 days. Bunker demand has been low in the past week. However, strong wind gusts are forecast to hit the anchorage on Thursday evening, potentially affecting bunker operations in Zona Comun.

Bunker fuel availability has been normal in the Brazilian ports of Santos. Several suppliers are able to offer LSMGO stems with a lead time of 5-6 days.

Bunker demand remains muted in Rio Grande. Bunker buyers are still cautious about lifting bunkers there, a source says.

By Debarati Bhattacharjee

 

Photo credit and source: ENGINE
Published: 21 June, 2024

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Singapore: Notice of intended dividend for An Hui Shipping, Nan Yi Maritime

Creditors of both companies will need to produce proofs of debt to liquidators of the companies by 21 June 2024 at 5pm, according to Government Gazette notices.

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RESIZED Drew Beamer

Notices of intended dividend for An Hui Shipping Pte. Ltd and Nan Yi Maritime (Pte.) Ltd., that are being wound up voluntarily, were published on the Government Gazette on Friday (7 June).

The following are the details:

Name of Company : Nan Yi Maritime (Pte.) Ltd. (In Creditors’ Voluntary Liquidation)
Unique Entity No. / Registration No. : 200814293G
Address of Registered Office : c/o Grant Thornton Singapore Private Limited 8 Marina View #40-04/05 Asia Square Tower 1 Singapore 018960
Last Day for Receiving Proofs : 21 June 2024 at 5:00 pm by email to [email protected]
Name of Liquidators : Paresh Tribhovan Jotangia and Ho May Kee
Address : c/o Grant Thornton Singapore Private Limited, 8 Marina View, #40-04/05 Asia Square Tower 1, Singapore 018960

 

Name of Company : An Hui Shipping Pte. Ltd. (In Creditors’ Voluntary Liquidation)
Unique Entity No. / Registration No.: 201207031N
Address of Registered Office : c/o Grant Thornton Singapore Private Limited, 8 Marina View
#40-04/05 Asia Square Tower 1, Singapore 018960
Last Day for Receiving Proofs : 21 June 2024 at 5:00 pm by email to [email protected]
Name of Liquidators : Paresh Tribhovan Jotangia and Ho May Kee
Address : c/o Grant Thornton Singapore Private Limited, 8 Marina View, #40-04/05 Asia Square Tower 1, Singapore 018960

 

Photo credit: Drew Beamer
Published: 10 June, 2024

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