Connect with us

Alternative Fuels

DNV: Methanol-fuelled vessel orderbook picks up again in Sep after no orders in Aug

No newbuilding order for ammonia-fuelled ships yet but interest in ammonia keeps building and first order is inching closer, according to Martin Wold of DNV.

Admin

Published

on

257

Latest figures from DNV’s Alternative Fuels Insight (AFI) platform showed a total of 21 LNG alternative fuelled vessels were added to the database in August. 

It was the second strongest month for LNG orders in over a year, according to DNV. 

Screenshot 2023 10 05 at 12.20.50 PM
Screenshot 2023 10 05 at 12.22.04 PM

According to the data, September saw continued growth with eight LNG fuelled vessels in the orderbook. 

“After a record month for methanol orders in July, August saw no new orders. However, things picked up again in September with 12 new methanol vessels in the orderbook,” DNV said. 

Screenshot 2023 10 05 at 12.21.16 PM
Screenshot 2023 10 05 at 12.21.38 PM

LNG container vessels represent the larger share of newbuilds in August and September with car carriers and tankers not far behind. For methanol, the container segment continues to be dominant. However, the first methanol fuelled VLCC has been ordered as well as a few orders for methanol fuelled bulk carriers.

Martin Wold, Principal Consultant in DNV’s Maritime Advisory business, commented: “We see a continuing growth of vessel orders with a strong pipeline for both LNG and methanol. In addition, the interest in ammonia keeps building. Even if we have yet to see the first firm order for a seagoing ammonia fuelled ship there is no doubt the interest keeps increasing, and the first order is inching closer.”

Photo credit: DNV
Published: 5 October, 2023

Continue Reading

Biofuel

Kenoil Marine Services to conduct first-ever bunkering of bio-blended LSMGO in Singapore

“Kosmos Lily” is slated to supply bio-blended LSMGO, sourced from Alpha Biofuels, representing the first-ever bunkering of bio-blended LSMGO in Port of Singapore, says Jurong Port.

Admin

Published

on

By

Kenoil Marine Services to conduct first-ever bunkering of bio-blended LSMGO in Singapore

Jurong Port on Wednesday (29 November) said Kenoil Marine Services Pte Ltd, a licensed bunker supplier, successfully loaded 200 metric tonnes of B24 bio-blended Low Sulphur Marine Gas Oil (LSMGO) in Singapore.

The B24 marine biofuel blend was onto Kenoil Marine’s bunker tanker Kosmos Lily.

Kosmos Lily is slated to supply this bio-blended LSMGO, sourced from Alpha Biofuels, representing the first-ever bunkering of bio-blended LSMGO in the Port of Singapore,” Jurong Port said in a social media post.

“Jurong Port takes pride in serving as the preferred port infrastructure for biofuel bunkering, and supporting the maritime industry's energy transition toward achieving net-zero emissions.”

Separately, Allan Lim Yee Chian, Founder and CEO at Alpha Biofuels, said the firm has been working to produce, blend and supply better quality biofuels for the maritime industry for over the last two years.

“We focused a lot on traceability of the biofuels , stability of the blended product and also the cost of the product,” he said in a social media post.

“The result is a bio-bunker fuel that balances the need for decarbonisation by the industry against the cost of sustainable biofuel.”

Photo credit: Jurong Port
Published: 30 November, 2023

Continue Reading

Newbuilding

SeaTech Solutions and partners to develop India’s first electric tug E-VOLT 50

Other partners involved are India’s GRSE, Shift Clean Energy and ABS; GRSE will build an electric tug based on the E-VOLT 50 design by Singapore-based SeaTech Solutions.

Admin

Published

on

By

SeaTech Solutions and partners to develop India’s first electric tug E-VOLT 50

Singapore-based marine engineering and vessel design specialist SeaTech Solutions International (S) Pte Ltd on Tuesday (28 November) on Tuesday (28 November) said it inked Memorandum of Understanding (MOU) with India’s Garden Reach Shipbuilders and Engineers (GRSE) Ltd, Shift Clean Energy and American Bureau of Shipping (ABS) on 22 November.

The collaboration aims to bring to fruition the country’s first Electric Tug E-VOLT 50, an initiative to decarbonise India’s tugboat industry by curbing carbon emissions, enhancing operational efficiency, and establishing new benchmarks for performance and environmental sustainability.

GRSE India will build an electric tug based on the E-VOLT 50 design by SeaTech Solutions International (S) Pte Ltd. 

Cmde PR Hari, IN (Retd), Chairman and Managing Director, GRSE, said: “We are excited to be part of this groundbreaking collaboration that combines the expertise of GRSE and three industry-leading organisations. 

“E-VOLT 50 is a bold step towards a cleaner and greener future for the maritime sector. By utilizing sustainable energy solutions and cutting-edge technology, we aim to redefine the standards of

performance, efficiency, and environmental stewardship.”

Prabjot Chopra, VP Technology at SeaTech Solutions, said, “We are delighted to work with GRSE, Shift Energy and ABS on this E-VOLT 50, India’s first Electric Tug, which will pave the way for India’s Green port operation.”

“As the collaborative efforts of GRSE, SeaTech Solutions, Shift Energy, and ABS take shape, the Electric Tugs E-VOLT 50 project stands as a testament to India's commitment to fostering a sustainable maritime industry that aligns with global environmental goals,” SeaTech Solutions added.

“This initiative reflects a pivotal moment in the evolution of green shipbuilding, marking a significant stride towards a cleaner, greener, and more efficient future for the maritime sector.”

Photo credit: SeaTech Solutions International
Published: 30 November, 2023

Continue Reading

Ammonia

Azane Fuel Solutions and Amogy sign ammonia bunker vessel agreement

MoU was signed to explore technical and commercial feasibility of using Amogy’s ammonia-to-power system on board an Azane developed bunker vessel concept.

Admin

Published

on

By

Azane Fuel Solutions and Amogy sign ammonia bunker vessel agreement

Ammonia bunkering solution provider Azane Fuel Solutions and ammonia-to-power technology provider Amogy announced on Wednesday (29 November) they have signed a memorandum of agreement (MoU) to explore the technical and commercial feasibility of using Amogy’s ammonia-to-power system on board an Azane developed bunker vessel concept. 

The collaboration will also involve exploring the technical and commercial feasibility of using an Azane ammonia fuel feeder solution integrated into the Amogy power system.

Azane has developed an ammonia fuel bunker vessel concept with a complete ammonia cargo handling system. The company is now looking for solutions to enable carbon free propulsion of the ammonia bunker vessel. When fully developed, Azane plans to offer the ammonia bunker vessels to ports such as Hamburg, Rotterdam, Antwerp, Singapore or other key ports.

Amogy’s ammonia-to-power solution aims to decarbonize the hard-to-abate sectors, including shipping, power generation, and heavy-duty transportation. With Amogy’s solution, the new bunker vessel will be able to reach zero-emissions without compromising the operational and safety requirements.

Amogy and Azane will start exploring the compatibility of their respective technologies and the commercial potential of the combined solutions. The aim being to cooperate on a subsequent pilot project to mature the bunker vessel with the ammonia-to-power solution for commercial applications.

Christian W. Berg, Managing Director, Amogy Norway, said: “We are excited to announce the collaboration with Azane Fuel Solutions on their bunker vessel project. By using our technology, Azane Fuel Solutions can deliver clean ammonia to ships globally with zero emissions from the bunkering operation. This will be a first of its kind for this segment.”

Håkon Skjerstad, CEO of Azane Fuel Solutions, said: “The reason for providing an ammonia bunker vessel is to help decarbonize the shipping industry. Because of this, we need a zero-emission solution to provide propulsion to our vessels. Amogy has a promising technology that can help us reach our strategic ambition of offering zero-emission bunker solutions for deep sea shipping.”

Photo credit: Amogy
Published: 30 November, 2023

Continue Reading
Advertisement
  • EMF banner 400x330 slogan
  • RE 05 Lighthouse GIF
  • SBF2
  • v4Helmsman Gif Banner 01
  • Consort advertisement v2
  • Aderco advert 400x330 1

OUR INDUSTRY PARTNERS

  • HL 2022 adv v1
  • 102Meth Logo GIF copy
  • Nunchi Marine 370x150 banner
  • Singfar advertisement final
  • Triton Bunkering advertisement v2
  • E MARINE LOGO


  • metcore
  • SMS Logo v2
  • Kenoil
  • Victory Logo
  • intrasea
  • Innospec logo v6
  • Cathay Marine Fuel Oil Trading logo
  • pro liquid
  • MFA logo v2
  • Manifoldtimes LogoAdv 300x300px
  • VPS 2021 advertisement
  • Advert Shipping Manifold resized1
  • 400x330 v2 copy
  • Headway Manifold

Trending