Dr. Prabath Weerasinghe, a Senior Lecturer at University of Ruhuna, says analysts predict the country can generate about USD 5 billion annually from bunker fuel operations...
‘With overall newbuild order volumes reaching their highest level since 2007, alternative fuel has continued to play a prominent role representing 50% of all tonnage ordered...
New orders grew the total orderbook by more than 50%, to 1,737 vessels while in-service alternative-fuelled fleet also grew strongly, up 18% to 1,860 vessels.
Effective from 1 January, incentives for newbuild harbour craft under GPP will be subsumed under GCP, which encourages early adoption of zero-emission fuel and tech, as...
Meeting was chaired by Mrs. Mayte Medina of the United States, supported by Vice-Chair, Capt. Theofilos Mozas of Greece.
Unlike methanol, ammonia is not constrained by biogenic CO2 availability, and its production process is relatively simple.
Newbuilds engineered to accommodate alternative bunker fuels such as Liquefied Natural Gas (LNG), ammonia, and methanol.
Operation was carried out via truck-to-ship to ensure a smooth implementation of the first ship ammonia fuel filling operation.
Existing incentives for harbour craft under GPP will be subsumed under a new Green Craft Programme (GCP).
DNV-ST-0687 and DNV-RP-0699 apply to shipboard crew on vessels using methanol or ammonia as fuel.