Tag: System
MOL Is 1st Japanese Shipping Company to Raise Funds through Transition Linked Loan Using Performance-based Interest Subsidy System
Mitsui O.S.K. Lines, Ltd. yesterday announced that it has decided to raise funds through a syndicated transition linked loan using the performance-based interest subsidy system based on Japan’s Act on Strengthening Industrial Competitiveness. The Minister of Land, Infrastructure, Transport and Tourism approved MOL’s business adaptation plan on March 28. MOL is the first Japanese shipping…
ClassNK issues Statement of Fact (SOF) for Methane Slip Reduction System developed by Hitachi Zosen, MOL and Yanmar PT
ClassNK has verified the methane slip reduction effect of the methane slip reduction system*1 jointly developed by Hitachi Zosen Corporation, Mitsui O.S.K. Lines, Ltd. (MOL) and Yanmar Power Technology Co., Ltd. (Yanmar PT), and issued a Statement of Fact (SOF). A concept of the methane oxidation catalyst system*2 was designed by Hitachi Zosen and Yanmar…
ClassNK awards approval in principle (AiP) for ammonia fuel supply system and ammonia gas abatement system developed by Mitsubishi Shipbuilding
ClassNK has awarded an approval in principle (AiP) for the ammonia fuel supply system and ammonia gas abatement system developed by Mitsubishi Shipbuilding Co., Ltd. Ammonia is expected to be used as a ship fuel for decarbonization since it does not emit CO2 when combusted. Meanwhile, adequate safety measures are imperative as it has been…
Mitsubishi Shipbuilding Receives Order for Ammonia Fuel Supply System for Ammonia-Powered Marine Engine
Mitsubishi Shipbuilding Co., Ltd., a part of Mitsubishi Heavy Industries (MHI) Group, has received an order from Japan Engine Corporation (J-ENG) for an ammonia fuel supply system (AFSS) and ammonia gas abatement system (AGAS). The AFSS will supply ammonia fuel to ammonia-powered marine engines developed by J-ENG, and the AGAS will safely treat any surplus…
Bureau Veritas Awards Approval in Principle for Methanol Dual Fuel System to Sasaki Shipbuilding
Bureau Veritas, a global leader in the Testing, Inspection and Certification (TIC) industry, has granted an Approval in Principle (AiP) to Sasaki Shipbuilding Co., Ltd (Sasaki) for its Methanol dual fuel (DF) system applied in a 9,000 DWT General Cargo Ship. This achievement represents a significant advancement in sustainable shipping technology, contributing to the global…
The first hybrid electric vessel built in South America will use a Corvus battery system
Corvus Energy is pleased to supply the battery energy storage system onboard the Magellan Discoverer— the first hybrid diesel-electric vessel to be constructed in South America. The vessel is a luxury polar expedition cruise ship to be built at the Chilean shipyard, Astilleros y Servicios Navales S.A. ASENAV for cruise operator Antarctica 21. Corvus Energy…
Alfa Laval OceanGlide fluidic air lubrication system secures the first Memorandum of Understanding with a Korean shipyard
Alfa Laval has collaborated with a Korean shipbuilding company by signing the first Memorandum of Understanding (MOU) for OceanGlide installations. This agreement shows the growing market interest in OceanGlide as a viable solution for energy efficiency and decarbonization. Alfa Laval has signed a Memorandum of Understanding (MOU) with a reputed Korean shipyard, K Shipbuilding (KSB)…
EH Group gets ‘Approval In Principle’ from DNV for its 250kW Marine Fuel Cell System
EH Group is pleased to announce that its EH Fuel Cell System TRACE-M250 designed for high power and maritime applications, has been assessed by DNV, a leading classification and certification body. This independent review confirms that our fuel cell design meets all the applicable maritime rules, regulations, codes and standards. Based on EH Group’s unique…
N2O Removal System for Ammonia-Fueled Ships Selected to Receive Developmental Support from Japan’s Green Innovation Fund
Hitachi Zosen Corporation. and Nippon Yusen Kabushiki Kaisha are pleased to announce that their jointly proposed “Development of N2O Reactor for an Ammonia-Fueled Ship” has been selected by the Japan’s New Energy and Industrial Technology Development Organization (NEDO) as a “Next-Generation Ship Development”, which is additionally invited in November 2023 as part of Green Innovation…
Wärtsilä introduces Ammonia Fuel Supply System to ease shipping’s transition to ammonia fuel
Wärtsilä Gas Solutions, part of technology group Wärtsilä, introduces a groundbreaking Ammonia Fuel Supply System (AFSS) for ships able to operate with ammonia fuel. The system is available for both liquid and gaseous fuel. The Wärtsilä AFSS is an innovative and reliable system that enables the use of ammonia as a marine fuel. In line…
