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Korea National Oil Corporation (KNOC)

Article

Maritime developments: on-water cracking, AiPs and Singapore bunker study releases first results

In maritime ammonia updates this week:

  • In Europe, government funding will support the development of an ammonia cracking system that can be installed on existing LNG vessels (Norway), and the establishment of a floating production and storage facility connected to an offshore wind farm (Netherlands).
  • Two AiPs have been granted: one for Korea’s first ammonia FSRU vessel, the other for a bunkering tanker in Singapore.
  • H2Carrier and Trelleborg will develop a ship-to-ship ammonia transfer system.
  • And GCMD has unveiled the results of their Singaporean ammonia bunker study. All risks identified for conducting pilot projects were found to be low or mitigable, with work towards those pilots to continue.

Article

Maritime ammonia developments in South Korea, Japan

In this week’s maritime ammonia news:

  • Hyundai Heavy Industries, Lloyd’s Register and Korea National Oil Corporation have signed a new agreement to jointly develop an ammonia floating storage and regasification unit, or FSRU.
  • KSS Line and Samsung C&T will cooperate to establish a clean hydrogen/ammonia transportation service, powered by alternative fuels.
  • In Japan, K Line has announced ammonia will underpin its decarbonisation strategy to 2050, with AiP granted for a new Newcastlemax bulk carrier design.
  • And the first of two CCU ammonia shipments have reached Ulsan from Saudi Arabia, with importer Lotte Fine Chemical leading development of a clean ammonia supply chain in the Yellow Sea.

Article

Maritime developments: on-water cracking, AiPs and Singapore bunker study releases first results

In maritime ammonia updates this week:

  • In Europe, government funding will support the development of an ammonia cracking system that can be installed on existing LNG vessels (Norway), and the establishment of a floating production and storage facility connected to an offshore wind farm (Netherlands).
  • Two AiPs have been granted: one for Korea’s first ammonia FSRU vessel, the other for a bunkering tanker in Singapore.
  • H2Carrier and Trelleborg will develop a ship-to-ship ammonia transfer system.
  • And GCMD has unveiled the results of their Singaporean ammonia bunker study. All risks identified for conducting pilot projects were found to be low or mitigable, with work towards those pilots to continue.

Article

Maritime ammonia developments in South Korea, Japan

In this week’s maritime ammonia news:

  • Hyundai Heavy Industries, Lloyd’s Register and Korea National Oil Corporation have signed a new agreement to jointly develop an ammonia floating storage and regasification unit, or FSRU.
  • KSS Line and Samsung C&T will cooperate to establish a clean hydrogen/ammonia transportation service, powered by alternative fuels.
  • In Japan, K Line has announced ammonia will underpin its decarbonisation strategy to 2050, with AiP granted for a new Newcastlemax bulk carrier design.
  • And the first of two CCU ammonia shipments have reached Ulsan from Saudi Arabia, with importer Lotte Fine Chemical leading development of a clean ammonia supply chain in the Yellow Sea.