New York listed Chevron on Wednesday (6 April) announced an agreement to join the Global Centre for Maritime Decarbonisation (GCMD).
It aims to help support GCMD’s efforts to develop potentially scalable lower carbon technologies – including those that enable the use of ammonia as a maritime fuel – and the commercial means to enable their adoption.
The GCMD is an independent, non-profit organization, established with support from the Maritime and Port Authority of Singapore. It collaborates with the maritime industry, plans to conduct pilot projects and trials, and advocates for well-designed climate policies and standards.
“Shipping is a hard-to-abate sector and to reach the International Maritime Organization’s climate goals, collaboration across the value chain is required,” said Professor Lynn Loo, CEO of the Global Centre for Maritime Decarbonisation.
“We look forward to working with Chevron and capitalising on its experience as a fuel producer, supplier and end user to operationalize pilots, which we believe will ultimately shorten the time to deployment and adoption of decarbonization solutions.
“This partnership will enable both organizations to work closely on the fuels of the future as well as carbon capture technologies, both of which are critical enablers expected to help the sector meet its net zero ambitions.”
As part of its pursuit of a lower carbon future, Chevron Shipping is continuing to explore new technologies, energy-saving devices, and lower carbon fuels, and is collaborating with industry organizations on these potential solutions.
“Lowering the carbon intensity of shipping requires fundamental changes across the entire maritime value chain,” said Mark Ross, president of Chevron Shipping Company.
“This is a truly complex task that requires industry-wide collaboration, innovation, and well-designed policy. GCMD brings together knowledge and expertise to help meet this challenge. We look forward to working with our fellow partners to progress our shared lower carbon ambitions.”
In 2021, Chevron launched Chevron New Energies (CNE) to accelerate lower carbon businesses in hydrogen; carbon capture, utilization and storage; offsets; and emerging energy opportunities, as well as support Chevron’s continued focus on renewable fuels and products.
As part of its strategy, CNE is focused on customers in sectors of the economy with harder to abate emissions.
“Chevron is leveraging our capabilities, assets, and customer relationships to identify opportunities to lower emissions of our own operations, while also identifying ways that essential sectors of the economy, such as the maritime industry, can achieve their lower carbon goals,” said Austin Knight, vice president of Hydrogen for Chevron New Energies.
“Alongside Chevron Shipping, we look forward to collaborating with GCMD and its partners on this effort.”
Related: Singapore: bp joins Global Centre for Maritime Decarbonisation, adds SGD 10 million in funding
Related: SSA and GCMD enter MOU to support and accelerate maritime decarbonisation
Related: Singapore: GCMD and Hapag-Lloyd enter decarbonisation partnership
Related: Global Centre for Maritime Decarbonisation and Mærsk Mc-Kinney Møller Center in decarbonisation partnership
Related: GCMD, GMF in knowledge partnership to accelerate maritime decarbonisation
Related: Global Centre for Maritime Decarbonisation awards ammonia bunkering safety study to DNV-led consortium
Related: GCMD issues invitation for proposal for ammonia bunkering technical evaluation in Singapore
Related: MPA and partners establish Global Centre for Maritime Decarbonisation
Photo credit: Global Centre for Maritime Decarbonisation
Published: 8 April, 2022
Cash of SGD 4.43 million and USD 243,100, and one piece of 100-gram gold-coloured bar recovered in safe belonging to Abdul Latif Bin Ibrahim kept at Extra Space warehouse storage facility, show court documents.
Program introduces periodic assessments, mass flow metering data analysis, and regular training for relevant key personnel to better handle the MFMS to ensure a high level of continuous operational competency.
U.S. Claims Register Summary recorded a total USD 833 million claim from a total 180 creditors against O.W. Bunker USA, according to the creditor list seen by Singapore bunkering publication Manifold Times.
Glencore purchased fuel through Straits Pinnacle which contracted supply from Unicious Energy. Contaminated HSFO was loaded at Khor Fakkan port and shipped to a FSU in Tanjong Pelepas, Malaysia to be further blended.
Individuals were employees of surveying companies engaged by Shell to inspect the volume of oil loaded onto the vessels which Shell supplied oil to; they allegedly accepted bribes totalling at least USD 213,000.
MPA preliminary investigations revealed that the affected marine fuel was supplied by Glencore Singapore Pte Ltd who later sold part of the same cargo to PetroChina International (Singapore) Pte Ltd.