World News
MAN Energy Expects to See Ammonia-Powered Ship Design by 2024
Tuesday January 14, 2020
The shipping industry can expect to see ammonia-powered vessel designs as early as 2024, according to technology company MAN Energy Solutions.
MAN is working with Dalian Shipbuilding Industry Co. on the design for an ammonia-fuelled container ship with cargo capacity of 23,000 twenty-foot equivalent units (TEU).
That project may be completed as soon as 2024, according to Brian Østergaard Sørensen, head of two-stroke research at MAN.
Ammonia is one of the alternative marine fuels being suggested as the shipping industry seeks to eliminate greenhouse gas emissions and move on from fossil fuel-based bunkers.
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 571.00 | 1.50 | 685.50 | 5.50 |
| Rotterdam | 516.50 | 1.50 | 677.50 | 3.50 |
| Houston | 556.00 | 6.00 | 679.00 | 1.00 |
| Fujairah | 565.00 | 4.50 | 755.00 | 1.50 |
| Global 20 Ports Average | 589.00 | 3.00 | 764.50 | 3.50 |
| Global 4 Ports Average | 552.00 | 3.00 | 699.00 | 2.50 |
| Global Average Bunker Price | 635.50 | 1.00 | 811.50 | 11.00 |
Popular Now More
-
Nov 21CCO Christoffer Berg Lassen is stepping down from the company to be replaced by Anders Grønborg, while Peder Møller becomes its first chief operating officer. -
Nov 20The ISO 6853:2024 specifications, the first of their kind, cover the general requirements and properties for methanol specifically being used as marine fuel. -
Nov 21CTI-Maritec reports on undeclared quantities of cashew nut shell liquid found in VLSFO samples from Rotterdam and Singapore.