Daewoo Shipbuilding & Marine Engineering (DSME) on Thursday (16 September) said it has succeeded in the joint development of a carbon capture device with Hi Air Korea, a domestic equipment and equipment company.
DSME has already completed about 20 domestic and foreign patent applications related to the technology, which uses a wet capture process and mineral carbonation technology to collect and store carbon dioxide using ammonia water.
“Based on the successful technical verification of this carbon dioxide capture and storage technology, we will do our best to advance the commercialisation time,” stated DSME Vice President of Ship Design Lee Sang-cheol.
DSME, meanwhile, is developing various technologies such as a 23,000 TEU ammonia-powered container ship, a VLCC powered by solid oxide fuel cells, and next-generation eco-friendly auxiliary propulsion technologies such as the rotor sail system.
The company plans to concentrate its efforts on the development of eco-friendly new technologies, such as developing a liquid hydrogen storage tank in anticipation of the hydrogen era.
Photo credit: Daewoo Shipbuilding & Marine Engineering
Published: 17 September, 2021
The company was unable to obtain all necessary approvals by the contractual deadline of 27 March.
Lead times are shorter for VLSFO and LSMGO stems in Singapore, while VLSFO supply has tightened in China’s Shandong area this week, according to update.
User which receives Tokens for services within SHIPNEXT or storage on company’s account can also choose to collect or transfer it into fiat currency (or vice versa).
Scrubbers have been operating in marine environments for almost 30 years, so owners were not exactly entering a brave new world of technology, says ABS.
With technological and regulatory challenges associated with methanol as a bunker fuel largely resolved, it’s time for the industry to embrace methanol, says organiser.
To complement its EU MRV (Monitoring Reporting & Verification) service for fuel and emissions tracking.
Discussions around the need to develop methanol bunkering operations are taking place at numerous ports ahead of estimated demand of above 7M mtpa by 2030, says Chris Chatterton of Methanol Institute.
‘Economics of the shipping market will be the key driver enabling methanol to be adopted at a higher pace going forth over next couple years as market begins to return to more normal rates,’ states COO.
Integr8 Fuel injunction varied by Singapore Court to allow former employees to start work at Hartree Group in December 2022 following failure to produce evidence on biofuels development plans.
Variability of sources can affect the stability and performance of biofuel bunkers produced from these feedstocks, in turn leading to difficulties in meeting regulations and industry standards, shares Bryan Quek.
Top three positive movers in 2022 were Bunker House Petroleum Pte Ltd (+7), Eastpoint International Marketing Pte Ltd (+5), and Eng Hua Company (Pte) Ltd (+6); newcomer Sinopec Fuel Oil (Singapore) gets 19th spot.
Livestock carrier also involved in earlier bunker claim with Glander International Bunkering due to remaining unpaid fuel bill of approximately USD 116,000, according to court documents obtained by Manifold Times.
