The Newcastlemax vessel is expected to be delivered to Fortescue by the end of 2026, and will feature WinGD’s X‑DF‑A dual-fuel engine. The vessel is one of a series under construction at Qingdao Beihai Shipbuilding in China.
At Singapore Maritime Week, Maritime & Port Authority of Singapore and Australia’s national science agency CSIRO announced funding for eight maritime decarbonization projects, including ammonia safety training, and an AI-based safety management system. MPA also signed agreements with ABS, the Ports of Rotterdam and Antwerp-Brugges, and confirmed it has contributed to early work on training guidelines for the safe handling of methanol and ammonia at the IMO.
MHI has joined the Clean Energy Precinct project in Newcastle, Australia, and will leverage its experience developing the Takasago Hydrogen Park in Japan. Located adjacent to the world’s largest coal port, the Clean Energy Precinct will feature “production, storage, distribution and export” facilities, focused on electrolytic hydrogen and ammonia.
Newly-passed legislation has established the Hydrogen Production Tax Incentive in Australia, worth AU$2 per kg of renewable hydrogen produced for up to ten years per selected project.
In recent months, project developments include completion of pre-FEED work, as well as partnerships to explore options for the delivery of ammonia to both export and bunkering vessels, long-term gas feedstock supply, and shared carbon dioxide pipeline infrastructure.
H2Global’s new €3 billion auction for long-term supplies of renewable hydrogen and its derivatives has received EU approval, including €1.2 billion for regional funding in Canada and Australia. H2Global also progressed partnerships with the Tokyo Metropolitan Government, and the Solar Energy Corporation of India.
The pair have partnered in a feasibility study to decarbonize an existing ammonia plant in the Kwinana Industrial Area in Western Australia via over-the-fence renewable hydrogen, transported via the existing Parmelia Gas Pipeline.
In order to achieve the aggressive Hydrogen Shot initiative goal of $1/kg production cost by 2030, the US Department of Energy sets out a series of performance and capital cost targets for established and lower-TRL electrolyser technologies. Meanwhile, Australia's national science agency CSIRO projects that Australia’s hydrogen electrolyser manufacturing sector could generate AU$1.7 billion in revenue annually by 2050.