Develop Ammonia Bunker Vessel Design

Paxocean, Hong Lam Marine And Bureau Veritas Sign Mou To Develop Ammonia Bunker Vessel Design P axOcean Engineering Pte. Ltd. has signed a Memorandum of Understanding (MOU) with Singapore-based bunker The Maritime and Port Authority of Singapore (MPA) welcomes the formation of strong partnership among industry partners to accelerate the development of ammonia bunkering in Singapore.” Ms Caroline Yang, Chief Executive of vessel operator Hong Lam Marine and to develop, trial and test-bed new designs and Hong Lam Marine Pte Ltd said: “We are classification society Bureau Veritas (BV) to innovative technologies needed to accelerate pleased to be participating in the project in jointly develop an ammonia bunker vessel the transition to a clean economy. partnership with highly respected establishments design. Ms Quah Ley Hoon, Chief Executive of and experts in the era of decarbonisation and With the signing of this MOU, MPA said: “I congratulate the collaboration sustainability in the Singapore marine fuel PaxOcean will focus on developing designs between Bureau Veritas, Paxocean Engineering industry and beyond. for ammonia-fueled and ammonia bunkering and Hong Lam Marine to study the design of Together, we look forward to contributing vessels, leveraging its deep technological bunkering vessels with alternate future fuels to the development and design of the ammonia capabilities and expertise. such as ammonia. As a major bunkering hub, bunker vessel as we focus on our long-term Bureau Veritas will verify compliance this forward-looking collaboration aligns with social and environmental responsibilities.” with the most applicable and up-to-date rules, our maritime decarbonization efforts to be Mr David Barrow, Vice President, South particularly those related to the handling of ready for a multi-fuel bunkering transition to Asia Zone of Bureau Veritas Marine & Offshore ammonia, drawing on BV’s expertise in support the future of International shipping.” said: “Ammonia has great potential as a zeroammonia carriage and operations, and previous Mr Tan Thai Yong, Chief Executive carbon marine fuel and can play a significant technical studies on ammonia as a fuel. Officer of PaxOcean said: “It brings me great role to help shipping reach its decarbonisation Hong Lam Marine’s role is to provide pleasure to share that we are adding a new goals, but to fulfil this potential, more work is input specific to operational data, and to support fuel segment into our R&D focus by co-creating needed to overcome the safety and operational and validate the suitability of the ship design ammonia-based vessel solutions with forward challenges. These challenges can be overcome for commercial operations. The MOU will foster looking and responsible companies like Hong through cross-industry collaboration, and we innovation in smart and autonomous ship Lam Marine and Bureau Veritas. We look are very pleased to be working with PaxOcean technologies,and support the use of green forward to a long and fruitful partnership with and Hong Lam Marine to develop an ammonia ammonia as a sustainable fuel to help Hong Lam Marine and Bureau Veritas, founded bunker vessel design that de-risks ammonia decarbonise global shipping. upon our complementary strengths in a push as a marine fuel.”***