AET, the tanker arm of Malaysia’s prime transport line MISC, has positioned an order for the world’s first ammonia-powered aframax tankers.
The 115,000 dwt vessels might be constructed at Dalian Shipbuilding, with supply anticipated in 2027, below a constitution with Petronas’ Petco Buying and selling Labuan Firm Ltd (PTLCL). Monetary phrases haven’t been disclosed.
The order follows final 12 months’s memorandum of understanding when the duo revealed the potential improvement and building of 1 ammonia-fuelled unit.
“At the moment’s signing of the time constitution occasion contracts and the shipbuilding contracts is a transparent testomony of turning ambition into motion,” stated Captain Rajalingam Subramaniam, president and group CEO of MISC.
In April 2022, AET, along with South Korean shipbuilder Samsung Heavy Industries and sophistication society Lloyd’s Register, shaped the Castor Initiative to develop two very giant crude carriers (VLCCs) that may be operated on inexperienced ammonia. The identical 12 months, AET additionally agreed with Thailand’s power firm, PTT, to develop ammonia-fuelled aframaxes.
Zahid Osman, president and CEO of AET, stated that with the newbuilding signings, the corporate “takes concrete actions to ship on its dedication as business leaders to progress the decarbonisation of the transport sector”.
MISC added that it could look to additional collaborate with business gamers on the event of ammonia bunkering and on the coaching of seafarers for the brand new technology of tankers.
