The IMO’s Maritime Safety Committee has approved interim guidelines for the use of ammonia fuel onboard vessels. Ship owners will also be able to voluntarily adopt code changes allowing the use of ammonia cargo as fuel, ahead of their entry into force next July. To unpack the new guidelines, the AEA will host the IMO and Lloyd’s Register at a public webinar in January.
LBC Tank Terminals has completed a 100% share acquisition of Evolution Terminals, including plans to develop a new renewable commodities import terminal in Vlissingen, Netherlands. The new terminal features an initial phase of 150,000m3, and is expected to be operational at the end of 2028.
Meet the IMO to unpack the recently-approved interim guidelines for ammonia as a marine fuel. Ahead of the first ammonia-fueled vessels hitting the water in 2026, we learn about the development process at the IMO, what content the guidelines have, and will answer questions from the global shipping stakeholders.
Japan Engine Corporation (J-ENG) announced that it has completed test operations on its low-speed, 2-stroke engine, with installation and subsequent trial operations due to begin in April 2025. Installation will be onboard one of the first ammonia-fueled vessels to hit the water: the NYK-led midsized gas carrier project.
Idemitsu and Mitsubishi Corporation are developing ammonia handling terminals in Japan to meet the production capacity of overseas projects, such as the million-ton-per-year Baytown project led by Exxon.
