ShippingWatch

Wärtsilä enters ammonia collaboration with Samsung Heavy Industries

Engine manufacturer Wärtsilä and shipyard Samsung Heavy Industries have joined forces to develop ammonia-fueled vessels for future newbuilds.

Photo: Wärtsila/PR/Chris Salvo

Finnish engine manufacturer Wärtsilä has entered a joint development program agreement with South Korean shipyard Samsung Heavy Industries (SHI) to develop ammonia-fueled vessels for future newbuilds, writes Wärtsilä in a press release.

"There is a lot of interest from owners and operators in the potential for new clean-burning fuels, and ammonia is thought to be among the most promising of these candidates. Wärtsilä has already made significant progress in testing ammonia, and we are pleased to work together with them to bring this to reality," says Youngkyu Ahn, Vice President at SHI, in the press release.

Read the whole article

Get 14 days free access.

No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Container reliability hit new low at the end of 2021

Schedule reliability in the container industry set a new negative record in December 2021 with one route in particular hit hard with an on-time arrival rate of only 10 percent, show figures from Sea-Intelligence. Problems in supply chains are still ”a huge burden,” says Hapag-Lloyd.

DNB Markets says oil price could hit USD 100 a barrel

An optimistic scenario could see the oil price go above USD 100 per barrel, DNB Markets forecasts in its latest oil market report. It won’t take much for it to happen, oil analyst Helge André Martinsen says to ShippingWatch.

Cadeler secures two new deals

Shipping line Cadeler, which operates wind installation ships, lands two new deals, one with Vestas, the other with an unnamed customer.

Further reading

Related articles

Latest news

See all jobs