WORLD: OCI and MAN Power work with Hartmann on ammonia-fueled vessels – Bunkerspot
Together with their partnership with Japanese Pacific Delivery (EPS) to develop ammonia and methanol as marine fuels, OCI and MAN Power Options will even work with Hartmann Fuel Carriers Germany on ammonia-focused options.
As a part of their settlement, OCI intends to constitution Hartmann ammonia-carrying vessels fitted with MAN-designed ammonia engines. As well as, OCI, MAN and Hartmann purpose to “propel the commercialization of ammonia fueled vessels”.
Captain Alfred Hartmann, Chairman of the Hartmann Group Supervisory Board and Chairman of the German Shipowners Affiliation, mentioned: “ Hartmann Fuel Carriers Germany and its gross sales arm, GasChem Providers in Hamburg, are satisfied of the alternatives offered by ships. fed with ammonia. will present the setting. At a time when the maritime business is on the daybreak of a brand new period and is searching for choices to decarbonise maritime transport, we’re proud and delighted to be a part of this very revolutionary and forward-looking venture. The brand new kind of vessel will enable us to considerably scale back carbon emissions and set new requirements for environmentally pleasant navigation ”.
As reported on Friday (March 5), OCI and MAN additionally signed a memorandum of understanding with EPS, which is able to see the Singapore-based transport firm modernize present ships to run on methanol and ammonia and in addition introduce new methanol. development. and ships fueled with ammonia.
In an announcement issued on Friday, the OIC mentioned that the “ emergence of ammonia and methanol as probably the most logical different to standard fuels ” offered a “ nice alternative ” for the corporate as a result of it’s “ one of many largest producers of ammonia and methanol on the planet with manufacturing belongings in North America, Europe and the Center East and North Africa ”.
OCI added that it had “made it a high precedence to fabricate these low-carbon fuels for transport and was accelerating the transition to provide extra blue and inexperienced ammonia and methanol in its factories.”
Importantly, OCI mentioned it already has a worldwide distribution community with “ factories and storage tanks positioned straight on main international transport routes, at or close to three of the 4 international bunkering facilities (Rotterdam , Fujairah and Houston) ”.
Ahmed El-Hoshy, CEO of OCI, mentioned: “ Ammonia and methanol are the fuels of the long run and we’re delighted to proceed to play a job within the transition to zero carbon in an economical method by way of these partnerships. .
“Our merchandise are uniquely positioned to gasoline the transition and we imagine that the push in the direction of low carbon fuels within the coming years will end result within the adoption of each methanol and ammonia because the business normal. business. We see this as beginning with the adoption of grey / blue methanol and ammonia, then going inexperienced as manufacturing prices go down, buyer appetites go inexperienced, and regulation continues to develop. .
“We’re satisfied that along with thrilling developments on new development, present vessels can economically convert their engines to make use of our low carbon merchandise and assist the business meet its objectives. We’re subsequently happy to have signed these agreements with two of the world’s main shipowners and the main engine producer, bringing collectively a full illustration of the maritime worth chain.
OCI added that it intends to debate its alternatives within the marine fuels market throughout its ESG Investor Day scheduled for tomorrow (March 8).
ASIA-PACIFIC: Japanese Pacific takes the lead with methanol and ammonia