[By: Eastern Pacific Shipping]
Today at Posidonia, EPS announced plans to order a dual-fuel ammonia gas carrier to be built at HHI, Singapore-registered, ABS-listed, and will be the first vessel to be fitted with MAN Energy Solutions G60 two ammonia engine two-stroke bi-fuel.
The use of ammonia as an alternative marine fuel holds great promise as it eliminates carbon dioxide emissions, which make up the vast majority of global greenhouse gas emissions. However, there is no commercially available engine on the market today that can use ammonia as a marine fuel. Ammonia-ready vessels currently on order will be able to switch to other alternative marine fuels, but will still require major engine upgrades once ammonia engines become commercially accessible.
Today’s announcement shows that a willingness to invest in and develop various emission-reducing alternative marine fuels, such as ammonia, is needed to create pathways for wide-scale adoption. The MoU also demonstrates that a commitment from diverse like-minded partner organizations is needed to accelerate decarbonization efforts.
Cyril Ducau, CEO of EPS, said: “We believe that our industry will need to rely on several solutions to regularly reduce and eventually eliminate emissions. This is why it is essential for us to continuously invest and develop various alternative marine fuels to deliver the right solution to the right segment at the right time. Using ammonia as a marine fuel is the next logical step for EPS and the industry. I am pleased that EPS, MPA, HHI and ABS have come together on what is sure to be a pivotal moment in our energy transition.”
MPA Managing Director, Quah Ley Hoon, said, “MPA is delighted to be part of the EPS-led joint project to develop EPS’ first ocean-going dual-fuel ammonia tanker. EPS’s decision to register its new ammonia gas carriers under the flag of Singapore marks an important step in our journey towards green shipping. We look forward to working closely with EPS and its partners to make decisive progress on maritime decarbonization. »
The MoU stipulates that the dual-fuel ammonia carrier could be either medium-sized gas carrier(s), large gas carrier(s), or very large gas carrier(s) and could be delivered as early as 2025. .
The MoU was signed by EPS CEO Cyril Ducau; Director General of MPA, Quah Ley Hoon; HHI EVP of the original design bureau, Seung-Ho, Jeon; Hyundai Mipo Dockyard Chief Engineer of Initial Planning and Initial Hull Design, Yi-Hyo, Chung; HHI Engine & Machinery President & COO Marine Engineering & Energy Solution Engine & Machinery & SEMCo Business, Kwang-Hean, An; ABS Executive Vice President and Corporate Office COO John McDonald; and in the presence of the Chief Minister of State of Singapore, Ministry of Transport, Chee Hong Tat.
The products and services described in this press release are not endorsed by The Maritime Executive.