After the inclusion of MPA and Yara, the alliance now represents entities from all areas of the maritime ecosystem. Credit: Avigator Fortuner / Shutterstock.

Ammonia-fuelled tanker Joint Development Project (JDP) has been joined by two new partners, namely Maritime and Port Authority of Singapore (MPA) and Norwegian fertiliser firm Yara International.

In January 2020, Malaysia’s shipping group MISC Berhad, South Korean shipbuilder Samsung Heavy Industries (SHI), UK’s classification society Lloyd’s Register (LR), and Germany’s engine manufacturer MAN Energy Solutions came together to work on the JDP.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

JDP’s partners also recently announced the name for the expanded coalition, The Castor Initiative, during a webinar organised by The Getting to Zero Coalition’s Fuels & Technologies workstream.

Yara will work together with MISC, LR, SHI, and MAN to develop ammonia propulsion vessels to support decarbonisation in the maritime industry.

MPA will share its experience as a bunkering centre and flag state to collect insights on safety issues and ammonia bunkering processes, as well as provide access to research capabilities in Singapore.

After the inclusion of MPA and Yara, the alliance now represents entities from all areas of the maritime ecosystem.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Last September, SHI was awarded approval in principle (AIP) from LR for its ammonia-fuelled Aframax tanker design with the aim to commercialise the development by 2024.

The partners also recognise the need to explore numerous decarbonisation options to meet the International Maritime Organization’s (IMO) 2050 ambitions.

MPA chief executive Quah Ley Hoon said: “Decarbonisation remains a key priority for the maritime sector, not just in Singapore but globally. As a transhipment and bunkering hub, we are committed to meet the IMO 2030 / 2050 decarbonisation goals. We are also looking forward to collaborating with like-minded industry partners to support the development and trials of alternative future marine fuels such as ammonia.”

Yara EVP for clean ammonia Magnus Ankarstrand said: “Supporting the enabling role of ammonia in the energy transition, we recognise the need for value chain collaboration to make zero-emission shipping by using ammonia as a fuel a reality.”