Germany-based green hydrogen production company Hy2gen on Friday (23 July) signed a Memorandum of Understanding (MOU) with Swiss commodity trader Trafigura to collaborate on a study aimed at quantifying the needs of the shipping industry for green ammonia as the industry transitions to low and zero carbon maritime fuels., said Trafigura.
The study will consider the necessary aspects to enable large-scale commercial adoption, including the required quantities of green ammonia, and the transport and storage capacities that will be needed.
Building the infrastructure to enable an efficient supply chain that can deliver sufficient quantities of the 100 % renewable and carbon free green ammonia to market will demand enormous commitments in production, infrastructure and shipping upgrades that the study aims to quantify.
“As one of the largest physical commodity traders and vessel charterers in the world Trafigura is uniquely placed to push this transition forward,” said Cyril Dufau-Sansot, CEO Hy2gen AG.
“Trafigura recognized the key role and potential of Hy2gen for the industrial production of green hydrogen early on, and has been an investor in Hy2gen since 2019.” it states
“Hy2gen is a first mover and pioneer in green ammonia production and concept development. We very much recognize their capacity to quickly execute projects of scale that can fast track the transition for the shipping industry to run on clean fuels,” says Julien Rolland, Head of Power and Renewables for Trafigura.
Photo credit: Hy2gen
Published: 27 July, 2021
Additional topics of bunker contamination and OCM services discussed at VPS’ Fuel Management Challenges – The Year of 2021 & Beyond webinar on 23 September; Manifold Times summarises the session.
‘The JMs have failed to discharge their duties by blindly helping the Banks mount a false case against the Defendant,’ wrote defence lawyers representing former IPP Director Dr Goh Jian Hian in court statement.
Lead prosecutor Andreas Myllerup Laursen aims for a fine and a prison sentence in the so-called Syria case scheduled to commence in Odense, Denmark on 26 October, writes the Danish publication.
In a modern re-telling of the story of David versus Goliath, local bunker barge owners/charterers successfully resisted claims brought in the Singapore courts by Phillips 66 for misdelivery of bunkers.
Bunker barge owners and operators; traders and suppliers; banks, including players in other countries, will have to re-examine respective operations, advises Helmsman Associate Director Jonathan Tan.
Vopak BL was a non-essential document with no contractual force and had no effect as a contract of carriage or as a document of title, states written Judgement issued by Singapore Court of Appeal.