Classification Society ABS on Tuesday (14 December) said it has given an Award in Principle (AiP) to K Shipbuilding for a methanol fuel-ready medium range tanker design.
The AiP is the culmination of a five-month joint development project between ABS and K Shipbuilding evaluating a range of aspects including storage, bunkering and issues caused by methanol’s corrosive properties.
The basic design was reviewed in accordance with the principles of the ABS Guide for Gas and Other Low-Flashpoint Fuel Ready Vessels. When built, the vessel will be able to claim the ABS Methanol Fuel Ready Notation.
“Methanol is a fuel with a significant role to play in meeting shipping’s decarbonisation ambitions. ABS is leading the way in helping shipping take advantage of its potential with industry-leading projects such as this. We are proud to be able to support K Shipbuilding in bringing this methanol-ready capability to market,” said Patrick Ryan, ABS Senior Vice President, Global Engineering and Technology.
“The AIP for methanol fuel-ready medium range tanker design is just the beginning. Now we are conducting the research and development on eco-friendly fuel-powered vessels such as LPG, ammonia and hydrogen to prepare for the future, and we will continue this R&D work to meet customers’ needs and environmental protection without any setbacks,” said Mr. Tae-Hyun Koh, K Shipbuilding Chief Technology Officer.
A series of eight large container vessels capable of being operated on carbon-neutral methanol ordered by Maersk, along with an option for a further four vessels, are to be built to ABS Class, according to the company.
ABS has also published detailed guidance on methanol as marine fuel, evaluating the challenges in design and operation of methanol-fueled vessels.
Photo credit: ABS
Published: 16 December, 2021
Top three positive movers in 2021 were Hong Lam Fuels Pte Ltd (+14); Sirius Marine Pte Ltd (+12); and TFG Marine (+11); according to the latest data from the Maritime and Port Authority of Singapore.
Webinar will offer delegates insights on the prevention of operational issues when using VLSFOs, along with an update on biofuels and bunker fuel quality trends for 2021 and its forecast for the current year.
Heating VLSFOs to prevent cold flow issues causes issues related to distillate ageing, and there is a gentle balance to be maintained when handling the product.
Research into n-paraffin distribution of VLSFOs has shown that they not only differ from MGO, but significantly differ from each other as well, states bulletin.
Bunker Holding and Dan-Bunkering have decided not to appeal the city court ruling in the case where the companies were on trial for breaching EU sanctions against Syria, states USTC.
Poll shows market participants think Singapore’s future as a bunkering hub in the near term will be impacted most by growth in alternative bunker fuels and intensifying competition from other ports in Asia.