Decarbonization Alliance Focused on Ammonia Fuel
MISC Berhad, Samsung Heavy Industries (SHI), Lloyd’s Register (LR) and MAN Energy Solutions have announced that they will work together on a joint development project (JDP) for an ammonia-fueled tanker to support shipping’s drive towards a decarbonized future.
The creation of the alliance has been motivated by the partners’ shared belief that the maritime industry needs leadership and greater collaboration if shipping is to meet the International Maritime Organisation’s 2050 Greenhouse Gas (GHG) emission target, an ambition that requires commercially viable deep-sea zero-emission Vessels (ZEVs) are in operation by 2030.
Ammonia is just one of the pathways towards zero-carbon-emitting vessels. The partners recognize that the shipping industry will need to explore multiple decarbonization pathways and hope their collaboration will spur others in the maritime industry to join forces on addressing this global challenge.
The partners believe that the creation of such alliances will send a clear message that shipping can progress itself to fit times and circumstances, ahead of regulatory action.
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