MISC Berhad (MISC), Samsung Heavy Industries (SHI), Lloyd’s Register (LR) and MAN Energy Solutions (MAN) have announced they will work together on a joint development project for an ammonia-fuelled tanker to support shipping’s drive towards a decarbonised future
MISC, SHI, LR and MAN’s creation of the ammonia-fuelled tanker alliance has been motivated by the partners’ shared belief that the maritime industry needs leadership and greater collaboration if shipping is to meet IMO’s 2050 greenhouse gas (GHG) emissions target, an ambition that requires commercially viable deepsea zero-emissions vessels (ZEVs) to be in operation by 2030.
Ammonia is just one of the pathways towards zero-carbon emitting vessels. The partners recognise the shipping industry will need to explore multiple decarbonisation pathways and hopes their collaboration will spur others in the maritime industry to join forces to address this global challenge.
The partners believe creating such alliances will send a clear message that shipping can progress to fit times and circumstances, ahead of regulatory action.
The drive to decarbonise shipping will be a dominant focus of the decade ahead and follows a year of action in 2019 that saw the launch of Getting to Zero Coalition, an alliance of leading maritime, energy, infrastructure and finance companies committed to getting commercially viable deepsea ZEVs powered by zero emissions energy resources into operation by 2030.
MISC president and group chief executive Yee Yang Chien said “At MISC, we believe the global maritime industry needs to be more collaborative in defining our future together, rather than being confrontational and fragmented in our efforts. I am glad our partners have come together with MISC to showcase joint leadership in developing one of the pathways towards a zero-carbon future for the maritime industry.”
SHI president and group chief executive Joon Ou Nam said "We all know industry–wide movement is vital, and new zero-carbon fuel technologies, such as ammonia fuel, are to be brought on the table, in order to take action proactively on maritime GHG emissions in accordance with the IMO’s ambitious road map. We hope SHI’s experience and expertise in novel ship design development will effectively contribute to this joint development project and all JDP partners could get better insight into the feasible and sustainable zero-carbon fuel vessel design solutions.”
LR marine and offshore director Nick Brown said “As we start the 2020s we are proud to be among a four-party team to make deepsea ZEVs a reality within this decade. IMO’s 2050 GHG ambitions require substantial and collaborative input from all maritime stakeholders and we are confident the lead taken by this partnership will encourage others to work collectively to address the challenge.”
MAN senior vice president, head of two stroke business Bjarne Foldager Jensen said “Joining this project makes perfect sense for MAN Energy Solutions as system technologies that help our customers to reduce emissions and lead the way to a carbon-neutral future form a significant part of our business strategy. Low-speed diesel engines are the most efficient propulsion system for trans-oceanic shipping and already run on a sizeable number of emissions-friendly fuels. We look forward to adding ammonia to the list and welcome the opportunity to work with industry partners in this venture.”