Belgium-based shipowner Exmar has joined forces with South Korean tech company Lattice Technology to work on the development of a new type of CO2 carrier.
EXMAR and LATTICE Technology announced today that they have signed an agreement to jointly work on the development of a new type of CO₂-carrier. The joint venture allows the two companies to combine their individual expertise; EXMAR as a leading player in the design, ownership and operation of innovative and efficient gas carriers and LATTICE .
Belgium s EXMAR Works With Fertiliser Firm on Ammonia-Fuelled Ship
by Ship & Bunker News Team
Friday July 30, 2021
Belgian shipping company
Nutrien to develop a vessel running on green ammonia. The two companies have signed a collaboration agreement to develop the vessel, EXMAR said in a statement on its website this week. The companies will select an engine and supply system manufacturer, select a shipyard, use ammonia supplied by Nutrien from the US and deploy the ship as soon as
2025.
Jens Ismar, executive director for shipping at EXMAR, said in the statement. The development of an ammonia-fuelled vessel together with our long-standing partner Nutrien is an exciting and logical next step for us.
Nutrien and EXMAR partner in building a vessel powered by low-carbon ammonia
Nutrien and EXMAR announced that they have signed a Collaboration Agreement to jointly develop and build a low-carbon, ammonia-fueled vessel. Partners for over three decades in transporting ammonia globally, Nutrien is one of the world’s largest producers of low-carbon ammonia and EXMAR is a leading player and innovator in the transportation of liquefied gas products.
Decarbonization of Shipping
Nutrien and EXMAR support the decarbonization of shipping and the International Maritime Organization’s (IMO) Green House Gas (GHG) Strategy to reduce emissions. Their new collaboration aims to significantly reduce Nutrien’s maritime transportation emissions and enable the commercial development of an ammonia-fueled vessel. Together, they will chart a clear path for wide adoption of low-carbon ammonia as a clean fuel for the maritime industry. Nutrien has actively been pursuing the development of low-carbon
Belgian Shipowner, Canadian Fertilizer Firm Set To marinelink.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marinelink.com Daily Mail and Mail on Sunday newspapers.