AET and Petronas unit in talks over zero-emission ammonia-fueled Aframax

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AET and Petronas unit in talks over zero-emission ammonia-fueled Aframax

AET and Petronas unit in talks over zero-emission ammonia-fueled Aframax

Source: https://www.offshore-energy.biz/aet-and-petronas-unit-in-talks-over-zero-emission-ammonia-fueled-aframax/

Author: Ajsa Habibic

For AET, this MoU for the potential development and construction of one deep-sea tanker vessel powered by green ammonia represents another opportunity to advance its decarbonisation aspirations. Similarly, PTLCL sees the vessel as a sustainable shipping option. As part of the partnership, AET’s responsibilities would include the selection of a suitable shipyard to build the zero-emission dual-fuel tanker which both parties anticipate would be delivered to PTLCL for long-term chars by 2026. Both parties also intend to collaborate on design, safety, and operational aspects as well as to study opportunities for a green ammonia corridor in Southeast Asia, in support of the International Maritime Organisation’s (IMO) greenhouse gas (GHG) intensity reduction agenda. John Baptist, Global Director VLCC/PCS, AET and Head, Decarbonisation Unit, MISC said: “We are pleased to extend our partnership with PTLCL to explore the potential development and construction of one net-zero green ammonia Aframax as we both continue our decarbonisation journey to advance towards a net zero future.” Baptist remarked that this partnership marks a further positive step to advance AET and MISC Group’s 2030 and 2050 strategic decarbonisation aspirations for shipping. It also adds to the pair of zero-emission ammonia-fueled deep-sea tanker vessels under the Castor Initiative and AET’s collaboration with PTT for two zero-emission Aframaxes which were both announced last year.