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TotalEnergies becomes eighth partner to The Castor Initiative for zero emission shipping

Firm will join MISC, LR, SHI, MAN ES, MPA, Yara and Jurong Port in the global coalition to support ecosystem required for ammonia-fuelled tankers to operate sustainably and safely.

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The Castor Initiative has announced that global energy major TotalEnergies has become the eighth partner to the global coalition that is committed to make zero emission shipping a reality, according to Lloyd’s Register (LR) on Friday (2 December). 

The global coalition, which includes MISC Berhad (MISC), LR, Samsung Heavy Industries (SHI), MAN Energy Solutions (MAN ES), the Maritime and Port Authority of Singapore (MPA), Yara Clean Ammonia (Yara) and Jurong Port, was established in January 2020 and its most recent project milestone was the April 2022 memorandum of understanding for a pair of zero emission deep sea tankers vessels.

With TotalEnergies as the Castor Initiative’s latest partner, the multinational coalition has added to its circle of maritime expertise to ensure and support the complete ecosystem required for ammonia-fuelled tankers to operate sustainably and safely. 

As an energy major on a global scale, and its commitment to sustainability, TotalEnergies brings its extensive operational experience to this global alliance to support the maritime industry’s drive to decarbonisation. The experience and expertise of each Castor Initiative partner will be central to the success of the initiative, from conception to project realisation.

Jérôme Cousin, Senior Vice President Shipping, TotalEnergies said: “Among various decarbonized marine fuel alternatives, Ammonia could rapidly become a viable solution in the maritime sector while challenges remain to be addressed, in particular on the safety aspects. We are therefore enthusiastic to join the Castor initiative, one of the most comprehensive and ambitious project dealing with ammonia as a fuel today. As a multi-energy company committed to the energy transition, TotalEnergies will strive to bring its charterer perspective in this consortium of highly reputable industry players.”

MISC President and Group CEO, Captain Rajalingam Subramaniam said: “Thank you TotalEnergies for this great leadership and collaboration towards achieving a common industry goal in shaping another decarbonisation pathway for the maritime industry, in a safe and efficient manner. I would also like to thank all the partners of The Castor Initiative for their steadfast commitment towards this global coalition. We have much to do to realise this mission, but today, we reached another milestone in our journey with TotalEnergies joining this global coalition, which is a huge recognition of the whole-of-society approach principle, on which we anchor our purpose of bringing zero emissions in shipping closer to reality.”

LR Chief Executive Officer Nick Brown, said: “Efforts to decarbonise the maritime sector are forging ahead and collaboration among the Castor Initiative partners on ammonia-fuelled tonnage continues apace. We are delighted that TotalEnergies has joined our development project as its considerable industry experience and expertise will help to accelerate the partnerships’ goal of delivering safe zero-emission shipping in the middle of this decade.”

Brian Østergaard Sørensen, Vice President, Head of Research and Development, Two-Stroke, MAN Energy Solutions, said: “MAN Energy Solutions welcomes TotalEnergies to the Castor Initiative. This coming together of such a broad variety of industry partners – each with their own expertise – can only be of great, mutual benefit as we advance the case for green ammonia as a sustainable fuel for maritime shipping on this path to decarbonisation.”

SHI President and CEO Mr JinTaek Jung said: We are very delighted to have TotalEnergies join the Castor Initiative. We believe that TotalEnergies’s diverse expertise in the energy and maritime shipping sector will be another enabling factor to the successful development of the ammonia-fuelled deep-sea tanker. We look forward to working with our new partner in this inspiring collective collaboration.

Murali Srinivasan, SVP and Commercial Head of Yara Clean Ammonia said: “The clock is ticking for the decarbonisation of the maritime sector. Within the Castor Initiative all partners in the value chain have made a significant commitment towards decarbonisation and have been collaborating actively to achieve that goal. We are excited to welcome TotalEnergies to the initiative and look forward to jointly advancing ammonia as a credible and safe zero-carbon maritime fuel. TotalEnergies entering the existing partnership will create an acceleration of the consortium’s efforts toward the common goal of delivering zero-emission deep sea tankers in the near future.”

Kenneth Lim, Assistant Chief Executive (Industry & Transformation), MPA, said: “MPA welcomes TotalEnergies’ participation to the Castor Initiative. The decarbonisation of the fleet and development of green ammonia supply chain and other hydrogen carriers to meet IMO targets will require the commitment of diverse stakeholders across the entire value chain. As the world’s top bunkering hub, Singapore will work closely with the industry to bring in green marine fuel supply chain, through consortiums such as the Castor Initiative and the green and digital shipping corridors, to enable the energy transition.” 

Jurong Port Chief Executive Officer, Terence Seow, said: “Jurong Port looks forward to TotalEnergies’ participation and contribution to complete the supply chain solution needed for ammonia-fuelled tankers to operate safely and sustainably. The consortium will be able to leverage on TotalEnergies’ technical capabilities & operational experience. To support the adoption of zero emission vessels, Jurong Port will work closely with the partners of The Castor Initiative to develop a robust and sustainable ammonia bunkering supply chain in Singapore.”

To meet the International Maritime Organization’s (IMO) 2050 ambitions on halving greenhouse gas (GHG) emissions from 2008 levels, zero-carbon vessels need to enter the world fleet by 2030. This Joint Development Project has been motivated by the partners’ shared belief that the maritime industry needs leadership and greater collaboration if shipping is to meet the IMO’s GHG ambitions.

While ammonia is one of the fuels being considered by maritime stakeholders, the partners also recognise that the shipping industry will need to explore multiple decarbonisation pathways and hope their collaboration will spur others in the maritime industry to work collectively on addressing this global challenge.

Related: Singapore: MPA and Yara Intl in Ammonia-fuelled tanker Joint Development Project
Related: LR: Ammonia powered Joint Development Project named: ‘The Castor Initiative’
Related: Jurong Port reinforces Castor Initiative green fuels future as new global partner
Related: SMW 2022: Minister highlights ‘decisive green transition’ in keynote address
Related: SMW 2022: MPA inks collaborations to accelerate maritime decarbonisation

 

Photo credit: Chris Pagan on Unsplash
Published: 5 December, 2022

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Alternative Fuels

Yang Ming orders six LNG dual-fuel, ammonia-ready containerships from Hanwha Ocean

Each of the six new vessels will have a capacity of up to 13,650 TEU and feature LNG dual-fuel propulsion and Ammonia Fuel Ready specifications.

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Yang Ming orders six LNG dual-fuel, ammonia-ready containerships from Hanwha Ocean

Taiwanese shipping firm Yang Ming Marine Transport Corporation (Yang Ming) and South Korean shipbuilder Hanwha Ocean on Wednesday (2 September) signed a shipbuilding contract for six 13,000 TEU class LNG dual-fuel container vessels. 

The contract was signed by Dr. Chuck Tsai, Chairman of Yang Ming, and Mr. Charles Kim, CEO of Hanwha Ocean. The vessels are scheduled for delivery between 2028 and 2029. 

They will complement Yang Ming’s existing fleet of 10,000+ TEU vessels and serve as key vessels on East-West services, with deployment flexibility across trade lanes connecting Asia with the East and West Coasts of North America, South America, and the Mediterranean. 

Each of the six new vessels will have a capacity of up to 13,650 TEU and feature LNG dual-fuel propulsion and Ammonia Fuel Ready specifications.

“As Yang Ming transitions toward net-zero emissions, LNG provides a relatively mature and economically viable alternative fuel solution, capable of reducing greenhouse gas emissions by approximately 20%,” the company said. 

“At the same time, ammonia can serve as a carbon-free fuel by utilising converted LNG storage facilities, while offering relatively lower conversion costs and comparatively well-developed supply chains and infrastructure. The Ammonia Fuel Ready design will therefore provide Yang Ming with greater flexibility in responding to increasingly stringent international regulations on greenhouse gas emissions.”

In addition, the vessels will be equipped with Type B LNG fuel tanks with a design pressure of 1.0 bar to enhance the safety and efficiency of LNG operations, together with a range of energy-saving technologies, including Wind Shields, Rudder Bulbs, Pre-Swirl Stators, and Shore Power Systems. Smart ship technologies and cybersecurity protection features will also be incorporated to enhance operational efficiency, safety, and reliability while effectively reducing fuel consumption and greenhouse gas emissions.

Deliveries under Yang Ming’s next-generation fleet optimization plan commenced earlier this year. By 2030, a total of 24 new vessels are expected to enter service. 

This includes 18 LNG dual-fuel vessels—comprising five 15,500 TEU, seven 16,000 TEU, and the six 13,000 TEU vessels under this contract—alongside six 8,000 TEU methanol dual-fuel-ready ships. 

 

Photo credit: Yang Ming Marine Transport
Published: 4 September, 2026

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LR, China’s MARIC unveil tanker concept ready for three future bunker fuels

Both secured AiP for a new 114,000 DWT product and crude oil tanker designed to accommodate future conversion to LNG, methanol or ammonia.

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LR, China’s MARIC unveil tanker concept ready for three future bunker fuels

Lloyd’s Register (LR) and the Marine Design and Research Institute of China (MARIC) on Thursday (3 September) have secured Approval in Principle (AiP) for a new 114,000 DWT product and crude oil tanker designed to accommodate future conversion to LNG, methanol or ammonia.

Announced at SMM 2026, the concept addresses one of the biggest investment challenges facing shipping today: the need to develop vessels and capabilities that can support a range of alternative fuel options and pathways as technologies, infrastructure and regulations evolve.

While LNG is already a mature fuel pathway, methanol and ammonia remain at an earlier stage of development, with questions around global fuel availability, infrastructure development, economics and long-term adoption.

The 114,000 DWT tanker concept has been designed as a product and crude oil carrier that can accommodate future conversion to LNG, methanol or ammonia as technologies, regulations and fuel supply chains mature. By incorporating conversion readiness at the design stage, the concept aims to reduce future retrofit complexity and provide owners with greater confidence when planning long-term fleet investments.

The design concept was reviewed against LR’s July 2026 class rules and regulations, including requirements relating to ships using gases and other low-flashpoint fuels, alongside relevant IACS Common Structural Rules for oil tankers. Final classification and statutory approval remain subject to full compliance with all applicable rules and regulations.

Theo Kourmpelis, Global Business Director for Tankers, Lloyd’s Register, said: “Shipowners are being asked to make major investment decisions today despite continued uncertainty around which fuels will dominate in the decades ahead. Alternative fuel solutions each offer potential pathways to compliance, but fuel infrastructure, regulation and economics continue to evolve at different speeds around the world.

“Designs that preserve flexibility will be critical in helping owners manage risk while preparing for multiple future scenarios.”

Si Nan, Marine & Offshore Marketing Department Vice Director, MARIC, said: “As the industry explores different decarbonisation pathways, shipowners need vessel designs that can adapt alongside technological and regulatory developments. This concept was developed specifically to provide greater fuel flexibility and long-term resilience, allowing owners to respond to changing market requirements without being locked into a single fuel strategy.

“Receiving Approval in Principle from Lloyd’s Register is an important milestone that validates the design concept and supports its future development.”

 

Photo credit: Lloyd’s Register
Published: 4 September, 2026

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Alternative Fuels

DNV: Alternative-fuelled vessel orders hit highest monthly level since October 2024

LNG-fuelled vessels accounted for the vast majority of August activity while the strong summer performance marked a significant acceleration in ordering activity after a relatively slow start to the year.

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DNV: Alternative-fuelled vessel orders hit highest monthly level since October 2024

Latest data from classification society DNV’s Alternative Fuels Insight (AFI) platform alternative-fuelled vessel ordering was strong in August, with 52 new vessels added to the platform.

This is the highest monthly total since October 2024 and follows another active month in July, when 47 vessels were added to the database.

LNG-fuelled vessels accounted for the vast majority of August activity, with 46 orders recorded. The container segment led the way with 30 orders, while the car carrier segment contributed a further 12 LNG-fuelled vessels. In addition, four ethanol-fuelled bulk carriers and two hydrogen-powered bulk carriers were added during the month, as well as one LNG bunker vessel.

The strong summer performance marked a significant acceleration in ordering activity after a relatively slow start to the year. In total, 242 alternative-fuelled vessel orders have been placed in the first eight months of 2026, representing a 27% increase compared with the same period in 2025.

LNG remains the dominant fuel choice, accounting for 63% of all alternative-fuelled vessel orders registered so far this year. Container vessels represent the largest share of these LNG orders (59%), followed by car carriers (30%).

Jason Stefanatos, Global Decarbonization Director at DNV Maritime, said: “The past two months have been particularly strong for alternative-fuelled vessel ordering, with August recording the highest monthly total we’ve seen since October 2024. This has helped lift year-to-date orders to a level well above the same period last year.

“LNG remains the leading fuel choice, driven largely by activity in the container and car carrier segments. These sectors have been among the earliest adopters of alternative fuels, supported by predictable liner operations and increasing demand from cargo owners to reduce emissions across supply chains. 

“For many owners, LNG offers a combination of emissions reductions, fuel availability and future flexibility while the longer-term fuel landscape continues to evolve. 

“At the same time, the latest figures include orders for ethanol- and hydrogen-fuelled vessels, highlighting that owners continue to explore a range of decarbonization pathways. Different segments are making different fuel choices, but the overall level of activity demonstrates continued investment in lower-emission shipping.”

Screenshot 2026 09 04 at 12.29.26 PM Screenshot 2026 09 04 at 12.29.36 PM

 

Photo credit: DNV
Published: 4 September, 2026

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