Japanese power company JERA Co. has entered into memorandums of understanding with shipping companies NYK and MOL on the large-volume transportation of ammonia fuel to be used for power generation.
The cooperation is related to the development of the Hekinan Thermal Power Plant, which is expected to start commercial operations later this decade.
The MOUs with NYK and MOL cover the development of large-scale ammonia fuel carriers, building an ammonia fuel transportation and receiving system, and installing and operating ammonia-powered ship engines. The companies will also work with relevant parties to foster regulations regarding ammonia fuel.
JERA said the development of large-volume ammonia carriers and the construction of an ammonia fuel supply chain would be world firsts.
Illustration courtesy JERA/MOL
“With ammonia emerging as a next-generation clean energy source that does not emit carbon dioxide during combustion, large-scale demand for ammonia is expected in the future, particularly for co-firing and as a hydrogen carrier in coal-fired power plants,” MOL said in a statement.
Since February, JERA has been conducting an international competitive bidding process for ammonia fuel procurement, including an opportunity to participate in ammonia fuel production.
By Julian Lee (Bloomberg) — Russian crude oil flows to international markets continue unabated, with no substantive sign of the output cuts that the Kremlin insists the country is making. Four-week average seaborne shipments,...
The U.S. Transportation Command (USTRANSCOM) has officially taken on a new role as the sole manager for the management and delivery of all bulk fuel supplies for the U.S. Department...
FRANKFURT, June 6 (Reuters) – Global container shipping freight rates have reached unsustainable levels and must rebound, the chief executive of Germany’s Hapag Lloyd, the world’s number five operator by volume, said on Tuesday....
20 hours ago
Total Views: 1154
Sign Up Now for gCaptain Daily
Just enter your email and get hot news every morning
Let gCaptain be your compass for maritime news
The news that you need delivered every morning.
Sign Up Now for gCaptain Daily
We’ve got your daily industry news related to the global maritime and offshore industries.
OUT AT SEA?
We’ve got you covered with trusted maritime and offshore news from wherever you are.
OUT AT SEA?
We’ve got you covered with trusted maritime and offshore news from wherever you are.
We use cookies on our website to give you the most relevant experience. By clicking “Accept”, you consent to the use of ALL the cookies.
This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
{"Tags":["alternative fuel","ammonia","Japan","jera","MOL","NYK"],"Categories":["Shipping"],"Excerpt":"Japanese power company JERA Co. has entered into memorandums of understanding with shipping companies NYK and MOL on the large-volume transportation of ammonia fuel to be used for power generation...."}