The award of an approval in principle (AiP) for an ammonia dual-fuel vessel, along with the investment in 12 methanol dual-fuel vessels, marks another milestone for ONE on its journey towards becoming net-zero by 2050
The AiP-awarded 3,500-TEU vessel was jointly developed by ONE, Nihon Shipyard Co and classification society DNV as part of a project established in late 2022 among the three parties.
ONE has been studying the feasibility of ammonia as an alternative fuel for zero-emissions shipping according to the roadmap for alternative fuels which was developed by ONE in 2022. In conjunction with the roadmap, ONE participated in a GCMD-led ammonia bunkering pilot safety study.
“Ammonia is definitely one of the primary focuses of our research as ammonia fuel has a greater potential of generating lower greenhouse gas (GHG) emissions than conventional marine fuels. We are pleased to have made such progress, and we will continue our study on ammonia,” said ONE senior vice president of corporate strategy and sustainability department Koshiro Wake.
"Ammonia is one of the promising future marine fuels. We are confident DNV’s rules for ammonia will help our customers to safely adopt this new fuel type once the infrastructure is in place. We are grateful to our JDP partners for entrusting us with this pioneering project that will help the entire maritime industry to adopt ammonia as a marine fuel”, said DNV regional manager south east Asia, Pacific & India, Maritime Cristina Saenz de Santa Maria.
ONE Green Strategy has set a target to achieve net-zero GHG emissions, encompassing Scope 2 and 3, by 2050.
To achieve the target, transitioning from conventional fuel to alternative fuels is defined as ONE’s key pillar of green initiatives. ONE said it will continue to study alternative fuels.
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