Daewoo receives go-ahead to develop ammonia-powered container vessel

South Korean company Daewoo Shipbuilding & Marine Engineering Co. said it had received approval from Lloyd’s Register to design an ammonia-powered vessel for the company. The 23,000-TEU container vessel powered by ammonia is expected to be operational by 2025, according to a statement released by the company.

According to Daewoo Shipbuilding, the project has been advancing since June in conjunction with Lloyd’s Register and global engine manufacturer MAN Energy Solutions.

South Korea’s other two shipbuilders, Hyundai Mipo Dockyard Co. and Samsung Heavy Industries Co. and Daewoo Shipbuilding also invest in the construction of environmentally friendly ships. Hyundai Mipo obtained approval for its 50,000-DWT ammonia-powered tanker from Lloyd’s Register in July, while Samsung Heavy Industries obtained approval from the British company for its ammonia tanker A-Max in September.

Samsung Heavy and Hyundai Mipo plan to market their ammonia-powered ships by 2024 and 2025, respectively.

MAN Energy Solutions is responsible for developing the engines of these environmentally friendly ships.

Ammonia has attracted the attention of global shipbuilders as an environmentally friendly ship fuel as it does not emit carbon dioxide when burned. The International Energy Agency expects ammonia to be one of the main ship fuels in 2060, according to a report released. by the organ.

The International Maritime Organization (IMO) has taken mandatory measures to reduce carbon dioxide emissions from ships by more than 30% by 2025 compared to 2008 and by  70% by 2050.

This year, IMO reduced the sulfur limit for marine fuels from 3.5% to 0.5%.

Sources: Portal Portuário / Agência Yonhap

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