The Week In Alt Fuels: Green Fuel Symbiosis Emerges

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  • This week’s alt-fuels news highlights a growing trend: collaboration between shipping companies and fuel producers.
  • These partnerships are crucial for creating a sustainable future for maritime transportation.

Japan

  • Kawasaki Kisen Kaisha (K Line) is exploring e-LNG bunkering in Europe through a collaboration with Tree Energy Solutions (TES). Itochu Corporation plans to establish green ammonia bunkering infrastructure in key locations, leveraging its investment in an ammonia-fueled vessel.

Norway

Yara International’s green hydrogen plant will produce green ammonia for bunkering purposes, with confirmed offtakers already secured.

USA

OCI Global and Waga Energy are partnering to produce biomethane for clean bio-methanol production, aligning with X-Press Feeders’ biomethanol bunkering needs.

China

Green Marine Group and Vopak are developing green methanol storage facilities to meet the anticipated demand from ships operating in Chinese ports.

Global

IKEA and HMM are collaborating on a carbon-reduction initiative. HMM will utilize B30-HSFO blends on specific routes, and IKEA will purchase the corresponding carbon credits generated.

Benefits of Green Fuel Symbiosis

  • Security of Supply: Shipping companies gain reliable access to green fuels for their vessels.
  • Long-Term Demand Creation: Fuel producers benefit from guaranteed offtake agreements, promoting investment in green fuel infrastructure.
  • Technological Innovation: Collaborative efforts can accelerate the development and adoption of clean technologies within the maritime industry.

These partnerships showcase a promising future for green fuels in maritime shipping. Continued collaboration between industry players is essential to ensure a smooth transition towards a more sustainable future.

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Source: Engine Online