MAN Energy Solutions | A commercially viable, ammonia-powered marine engine by 2024, destined for large ocean-going containerships | The Greek shipowner TEN (Tsakos) | Ordered 6 LNG-powered tankers from a S Korean shipyard36: 4 Aframax & 2 optional LR2 petroleum product carriers, at $417 million by 2022; vessels to be fitted with dual-fuel engines (LNG & HFO) |
Motor Oil (coordinator), the Greek State Gas Production Company & 8 others | Blue Med to build the infrastructure to produce green & blue hydrogen (H2CEM)-using natural gas from RSE by 2025; to be submitted to EU Commission (DG Competition) for funding, as a project of common European interest | Chevron | A clean-energy plan of $10 b. by 2028, to increase renewable energy production (& hydrogen) to 150,000 t p.a. for industrial power, heavy transport users, & up to 100,000 barrels/day for renewable diesel & sustainable aviation fuel |
Chevron & Cummins (**) | A hydrogen fueled internal combustion engine | Chevron, Wartsila & Caterpillar | Caterpillar develops a hydrogen demo for transport, for stationary power & prime power, including trains |
CEA (machinery & plant manufacturer) | Reduce emissions with in-house solutions; ammonia an option (***) | The White Dragon37, Green HiPo & CHP | Hydrogen stored in innovative tanks, electrolyte production & fuel cells |
Fortescue | To convert existing fleet of 8 × 260,000 dwt, & new ones, to run on green ammonia by 2040 | GoodFuels & Unifeeder | Bunkering (bio-bunkering) of sustainable marine fuel38 (in Port of Rotterdam); the fuel dropped-in existing engines & produced by certified feedstocks (waste or residuals) (****) |
IMC Ventures, Signal Ventures, Mitsui OSK Lines & MOL PLUS | Investing in startup companies with innovative technologies for decarbonization (and digital transformation) of ocean shipping/logistics, spending near $23 million | International Maritime Shipping Company; confirmed by IRENA39 | Green hydrogen & advanced biofuels to cut CO2 emissions40 by 80% by 2050; & e-methanol & e-ammonia (*****) |