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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
Core Viewpoint - bound4blue is expanding its production capabilities in China to enhance its industrial presence in Asia and support the adoption of its eSAIL suction sail technology, aiming for efficient supply to newbuild vessels and retrofits [1][5]. Group 1: Production and Manufacturing - Manufacturing of eSAIL units will be managed through a network of certified industrial partners around Shanghai and the Yangtze River Delta, adhering to ISO 9001, ISO 14001, and ISO 45001 standards [2]. - Initial production capacity is set to reach up to 100 eSAIL units per year starting from 2026, with potential for further scaling through additional facility allocation [3]. - Local production is expected to reduce lead times for Model 2 and Model 3 eSAILs, simplifying logistics and installation processes for clients in China, South Korea, and Japan [3]. Group 2: Strategic Partnerships - Strategic partners include manufacturers with expertise in heavy-marine and port-handling equipment, as well as a global structural provider and a supplier experienced in safety-critical environments [4]. - The initial focus will be on manufacturing and logistics, with plans to expand into after-sales service and technical support as adoption increases [4]. Group 3: Market Context and Technology - China is identified as central to the future of maritime decarbonisation, being a major hub for designing and building new vessels, where shipowners seek proven technologies to meet fuel and emission targets [5]. - The eSAIL system operates autonomously and can be fitted to various vessel types, including tankers, bulk carriers, and cruise ships, enhancing versatility in maritime applications [6][7].