Connect with us

MoU

MOL and Pyxis to develop and market electric vessels in Singapore and Japan

‘We are honoured to partner with MOL, a global leader in the shipping industry,’ replied Tommy Phun, Founder of Singapore-based maritime electrification startup Pyxis Maritime.

Admin

Published

on

MOL x PYXIS

Mitsui O.S.K. Lines, Ltd. (MOL) and Singapore-based maritime electrification startup Pyxis Maritime Pte Ltd. (Pyxis) on Wednesday (1 November) signed a Memorandum of Understanding (MoU) to collaborate on the joint development and marketing of the electric vessels (EVs) business in the Singapore region, as well as marketing for the expansion of EVs introduction in Japan.

The agreement will harness MOL's maritime expertise, market networks and industry knowledge as a shipping company while leveraging on Pyxis’ agility and fast execution as start-up company.

Through this cooperative relationship, the two companies plan to engage the industry and their respective stakeholders, interweave their knowledge, and implement strategic initiatives for decarbonization while closely monitoring the adoption of environmental regulations.

“I am pleased to conclude the MOU with Pyxis, which is committed to the introduction and expansion of EV vessels in Singapore. We believe this memorandum will be an important step for both companies to make a significant change in the shipping industry,” said Nobuo Shiotsu, Senior Managing Executive Officer of MOL.

“Promoting the introduction of EV vessels to solve environmental issues will be one way. We believe cooperation with partners who has same ambition and trustworthy is essential to achieve that.”

“We are honoured to partner with MOL, a global leader in the shipping industry,” replied Tommy Phun, Pyxis Founder.

“With the sustainability movement disrupting maritime businesses, efforts to decarbonize have become necessary to stay competitive. Our mission is to ease and boost mass adoption of EVs in the region. Together with MOL, we are confident in expanding our outreach into Japan which is one of our key markets.”

Manifold Times in August reported Pyxis entering a MOU with fuel cell components manufacturer Sydrogen Energy to jointly execute a Proof of Concept (PoC) study in the deployment of hydrogen fuel cell solutions. 

Related: Singapore: Pyxis, Sydrogen to deploy hydrogen fuel solutions including harbour craft electrification

Photo credit: Mitsui O.S.K. Lines, Ltd.
Published: 6 November 2023

Continue Reading

Ammonia

MPA, ITOCHU and partners sign MoU on ammonia-fuelled bulk carriers study

As a government agency, MPA,will review and provide their views to the designs of the ammonia-fuelled ships to ensure their safe operations, says ClassNK.

Admin

Published

on

By

RESIZED venti views

Classification society ClassNK on Thursday (18 July) said it signed a Memorandum of Understanding (MoU) with ITOCHU Corporation, Nihon Shipyard Co., Ltd., and Maritime and Port Authority of Singapore (MPA) regarding a joint study for the design and safety specifications of ammonia-fuelled ships which are under development by ITOCHU and partners.

“The discussion for a specification of ammonia-fuelled ships with a governmental body related to their operation is essential for a social implementation of ammonia-fuelled ships,” ClassNK said. 

“As one of parties of the MoU, MPA, a government agency overseeing the world’s busiest bunkering hub, will review and provide their views to the designs of the ammonia-fuelled ships to ensure their safe operations.”

The MoU is based on the premise that 200,000 deadweight ton class bulk carriers will be built by Nihon Shipyard with an ammonia dual-fuelled engine.

“The necessary clarifications of the specification for the ammonia-fueled ship to carry out ammonia bunkering in Singapore will be conducted among parties of this MoU, for the commercialisation of ammonia-fuelled ships,” ClassNK added.

 

Photo credit: Venti Views on Unsplash
Published: 19 July 2024

Continue Reading

Alternative Fuels

Singapore: MPA and NYK partnership to include green bunker fuel training programmes

Both signed a MoU to deepen their partnership and will include promoting the safe use of bunker fuels such as biofuels, methanol and low or zero-carbon ammonia through a phased approach.

Admin

Published

on

By

Singapore: MPA and NYK partnership to include green bunker fuel training programmes

The Maritime and Port Authority of Singapore (MPA) on Tuesday (9 July) said it has signed a memorandum of understanding (MoU) with Nippon Yusen Kabushiki Kaisha (NYK) to deepen their partnership and accelerate maritime decarbonisation, digitalisation, and manpower development efforts. 

In line with the International Maritime Organization’s revised Greenhouse Gas strategy 2023, the Paris Agreement, and international energy and climate targets, MPA and NYK will collaborate on various initiatives aimed at promoting a sustainable maritime industry. 

The partnership will include promoting the safe use of maritime fuels such as biofuels, methanol and low or zero-carbon ammonia through a phased approach. 

The MoU was signed by Mr Teo Eng Dih, Chief Executive, MPA, and Mr Takaya Soga, President and Group Chief Executive, NYK, on 2 July 2024.

Both parties will discuss maritime training programmes for seafarers on ammonia-fuelled vessels and other sustainability-related skills and competencies to support the industry’s transition towards alternative low or zero- carbon fuels, including leadership programs for local professionals.

Mr Teo Eng Dih, Chief Executive of MPA, said: “This MoU marks a significant milestone in the longstanding partnership between MPA and NYK. As a major bunkering and a maritime hub port, Singapore is in a phase of introducing alternative fuels and enhancing manpower development.”

“MPA looks forward to our partnership with NYK to unlock our collective potential and develop solutions that can be scaled up to benefit the global maritime community in the move towards smart and sustainable shipping.”

Mr Takaya Soga, President and Chief Executive Officer of NYK, said: “NYK has been proactively working on decarbonisation initiatives, digitalisation, and maritime human resource development to materialise a sustainable maritime industry.”

“We have begun ammonia-fuel-related business development including bunkering projects, endorsing the Singaporean government's initiative on fuel ammonia. Singapore plays a significant role in the maritime industry as the world's largest hub port for trans-shipment and bunkering.”

“We are delighted to conclude this MoU with MPA as we share the same goals. This MoU will accelerate cooperation between MPA and NYK and contribute to the sustainable development of the maritime industry.”

 

Photo credit: Maritime and Port Authority of Singapore
Published: 10 July, 2024

Continue Reading

Alternative Fuels

SRC Group and Green Marine to develop, deliver Methanol Superstorage to marine market

Methanol Superstorage boosts shipboard tank volumes by 85% and provides effective mitigation for methanol’s significantly lower energy density than conventional HFO.

Admin

Published

on

By

SRC Group and Green Marine to develop, deliver Methanol Superstorage to marine market

SRC Group on Tuesday (18 June) said it signed a collaborative agreement with multi-disciplinary methanol consultancy Green Marine Group to develop and deliver Methanol Superstorage to market.

The cooperation is aimed at realising benefits available to SRC’s Methanol Superstorage solution, which has been turning heads among owners, builders, repairers, class societies and insurers since its launch. 

Using the SPS Technology Sandwich Plate System instead of traditional cofferdams that separate tank walls, Methanol Superstorage boosts shipboard tank volumes by 85% and provides effective mitigation for methanol’s significantly lower energy density than conventional HFO.

“Following the huge initial impact made by Methanol Superstorage, SRC and GREEN MARINE will work together to provide comprehensive technical coverage for methanol integration,” said Hannes Lilp, CEO, SRC Group. 

“With Green Marine’s extensive experience in methanol projects and overall technical knowledge of the entire process, combined with SRC’s expertise in methanol storage and over 23 years of experience in ship refits and conversions, we are well-placed to onboard Methanol Superstorage for both retrofit and new build vessels, and establish a mature sales framework to enable global adoption.”

Green Marine continues to drive development of the methanol supply chain in the marine market, with recent agreements including preparations for projected supplies of green methanol from Chinese partners. 

The firm also recently named Singapore-based former Methanol Institute Chief Commercial Officer, Chris Chatterton as Managing Director & Partner, with effect from 1st July, 2024. 

Chatterton said: “Market receptiveness to Methanol Superstorage has been exceptional and we look forward to working with SRC to realise its extraordinary potential to help drive forward methanol as a mainstream marine fuel. Investors will be encouraged to know that, as the most experienced technical player in marine methanol,  Green Marine’s expertise, insight and global support stands alongside SRC in the demonstration phase of Methanol Superstorage.”

Methanol Superstorage has already received Approval in Principle from a leading IACS society, which indicates that no conceptual issues have been identified relating to ship regulatory requirements. 

“In parallel to class approvals, SRC and  Green Marine will also oversee and manage 3rd Party technical development” said Lilp.

 

Photo credit: SRC Group
Published: 19 June, 2024

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

OUR INDUSTRY PARTNERS

  • HL 2022 adv v1
  • Triton Bunkering advertisement v2
  • SEAOIL 3+5 GIF
  • 102Meth Logo GIF copy
  • Singfar advertisement final


  • Synergy Asia Bunkering logo MT
  • PSP Marine logo
  • Trillion Energy
  • Cathay Marine Fuel Oil Trading logo
  • E Marine logo
  • Auramarine 01
  • MFA logo v2
  • Victory Logo
  • 300 300
  • Kenoil
  • VPS 2021 advertisement
  • Advert Shipping Manifold resized1
  • Headway Manifold
  • 400x330 v2 copy

Trending