Singapore’s Jurong Port has become the newest member of the Castor Initiative coalition aimed a developing zero carbon shipping with ammonia-fuelled vessels.
The Castor Initiative – the multinational coalition consisting of MISC Berhad (MISC), Lloyd’s Register (LR), Samsung Heavy Industries (SHI), MAN Energy Solutions (MAN), the Maritime and Port Authority of Singapore (MPA) and Yara International ASA (Yara) welcomes a new partner – Jurong Port to the global partnership that is committed to make zero emission shipping .
AET Tanker Holdings, a part of Malaysia’s MISC Group, is upbeat about LNG’s prospects as a viable fuel solution to tackle maritime decarbonization as international shipping’s environmental emissions come under the scanner. “AET sees LNG as the most viable fuel solution available today, and possibly with technology advances, it will be part of the fuel .
Samsung Heavy Industries (SHI) has secured approval in principle (AiP) from Norwegian classification society DNV for the basic design of ammonia fuel-ready very large crude carrier (VLCC).