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ABB, HDF Energy sign agreement on marine fuel cell development
Yahoo Finance· 2025-12-16 15:19
ABB and HDF Energy have signed a joint development agreement (JDA) to co-develop a high-power, megawatt-class hydrogen fuel cell system designed for use in marine vessels. The project targets use of the system on various vessel types, including large seagoing ships such as container feeder vessels and liquefied hydrogen carriers. The JDA follows a memorandum of understanding (MoU) signed by the two companies in 2020, which set out their intention to collaborate. Under the new agreement, the partners en ...
CMB.TECH INVESTS IN CHINESE AMMONIA SUPPLY
Globenewswire· 2025-12-16 07:27
Core Viewpoint - CMB.TECH is investing in the Chinese ammonia supply chain, signing an off-take agreement for green ammonia and acquiring a minority stake in Jiangsu Andefu Energy Technology Co., Ltd, aiming to support maritime decarbonization and develop a green ammonia supply infrastructure [1][4][10]. Investment in Green Ammonia - CMB.TECH will purchase approximately 158,000 tonnes of renewable ammonia annually from the CEEC Songyuan project in Jilin Province, with commercial operations expected to start in January 2026 [2][10]. - The CEEC Songyuan project is powered by off-grid renewable energy and has received ISCC EU RFNBO certification [3]. Partnership with Andefu - The investment includes a minority stake in Andefu, enhancing collaboration in the ammonia supply chain and supporting maritime decarbonization efforts [4][11]. - Andefu is constructing a 49,000 m³ low-temperature ammonia storage tank in Nanjing, scheduled for commissioning in Q1 2026, to facilitate ammonia distribution [5]. Logistics and Infrastructure Development - Andefu and CEEC plan to build an ammonia storage terminal in Panjin, operational by the second half of 2027, to improve green ammonia logistics in China [6]. - The company is also advancing ship-to-ship ammonia bunkering operations, targeting commercial deployment in 2026 [6]. Fleet Development - CMB.TECH will receive 11 ammonia-powered ships in 2026, including ten Newcastlemax bulkers and one container vessel, utilizing dual-fuel diesel-ammonia engines [7]. - These vessels will operate in dual fuel ammonia configuration, contributing to the decarbonization of maritime transportation [8]. Future Plans - CMB.TECH aims to engage with global green ammonia producers to secure fuel for its green ships and plans to produce green ammonia in Namibia [9].
bound4blue expands eSAIL production in China through regional partnerships
Yahoo Finance· 2025-12-01 15:43
bound4blue, a company specialising in wind propulsion systems, has established new production capabilities in China, expanding its industrial presence in Asia. The Spanish firm has signed agreements with Chinese manufacturing suppliers to support the adoption of its eSAIL suction sail technology. By expanding operations into the region, bound4blue aims to supply both newbuild vessels and those undergoing retrofits more efficiently by manufacturing closer to major shipbuilding centres. Manufacturing of e ...