MoU for Ammonia Bunkering In Singapore

933

  • Sumitomo Corporation and Keppel Offshore & Marine (Keppel O&M) today said they are jointly working on bringing ammonia bunkering to Singapore in the mid-2020s.
  • Having signed a Memorandum of Understanding (MOU), the pair will work on the development of an ammonia bunkering vessel.
  • They will also implement the ammonia bunkering in Singapore, and work to expand the wider ammonia value chain in Singapore.

A recent news article published in the Ship and Bunker states that new Partnership Targets Singapore Ammonia Bunkering in Mid-2020s.

Reduction of energy consumption

“As Singapore aspires to reduce energy consumption, improve energy efficiency and transition its power generation portfolio towards net-zero emissions, limited land space remains one of the critical challenges in the implementation of large-scale green energy,” Keppel O&M said in a press release today.

“One of the solutions that Sumitomo Corporation and Keppel O&M will be exploring is the use of green energy such as ammonia for offshore power generation in Singapore.”

Ammonia, key Marine Fuel

Ammonia, a compound of hydrogen and nitrogen, is one of the candidates to become a key marine fuel of the future as the industry looks to move away from fossil and carbon-based bunkers.

Did you subscribe to our daily Newsletter?

It’s Free! Click here to Subscribe

Source: Ship and Bunker