OGCI, Stena, & GCMD received ABS approval for carbon capture on oil tanker

A consortium of global shipping organisations and the Oil and Gas Climate Initiative (OGCI) have received approval in principle from the American Bureau of Shipping (ABS), the US ship certification agency, to use a carbon capture system onboard an oil tanker. The project’s seven-member consortium includes the Global Centre for Maritime Decarbonisation (GCMD) in Singapore,

Shipping is the vehicle for the clean energy transition

The ABS Chairman, President and CEO underscored the pivotal role of shipping in driving the global clean energy transition in a series of appearances at the energy industry conference CERAWeek. Christopher J. Wiernicki told the annual gathering of ministers and CEOs from global energy and utilities, as well as automotive, manufacturing, policy and financial communities,

PCL, Pax Ocean to collaborate with ABS

Pacific Carriers Limited (PCL) and PaxOcean Holdings Pte (PaxOcean) are collaborating with ABS to study methanol as an alternative fuel for the PCL fleet. The first step is a recently signed joint development project (JDP) to study methanol as an alternative fuel for the PCL fleet. Under the JDP, ABS will evaluate the means and

PCI and PaxOcean to collaborate with ABS for decarbonization

Singapore’s Pacific Carriers Limited (PCL) is among the growing number of vessel operators looking at methanol fueling as a path to decarbonization. Along with shipyard group PaxOcean Holdings Pte Ltd it is collaborating with ABS on a new joint development project (JDP). Both PCI and PaxOcean are members of the Kuok Group. The partnership with

ABS, HD Hyundai to work together on autonomous navigation

ABS and HD Hyundai, formerly known as Hyundai Heavy Industries, have penned a comprehensive memorandum of understanding to continue working together on autonomous navigation technologies for shipping. The scope of the deal builds on the previous strategic framework agreement that the companies signed in 2022 under which ABS worked with HD Hyundai subsidiaries, Avikus and

Samsung Heavy to move forward with nuclear power plants

Samsung Heavy Industries has developed a conceptual design for a floating nuclear power plant based on compact molten salt reactor (CMSR) technology. The CMSR power barge concept, approved by the American Bureau of Shipping (ABS), supplies electricity and thermal energy produced by utilising CMSR technology developed by Denmark’s Seaborg. The two companies teamed up last

ABS launches requirements for onboard carbon capture

Working with shipyards, ship owners and operators, ABS has developed an industry-leading set of requirements to guide the industry in the application of carbon capture technology at sea. Experience and insight derived from pioneering carbon capture projects with stakeholders such as shipyards, ship owners and original equipment manufacturers (OEMs) have informed development of the ABS

ABS approves Provaris’ design for a compressed H2 carrier

ABS has reviewed and approved the design of Provaris’ H2Neo compressed H2 carrier, an industry first for a bulk hydrogen gas carrier. The significant project milestone follows extensive ABS Engineering review of Front-End Engineering Design and enables the appointment of a shipyard for final construction design of the 26,000m3 H2Neo carrier and an operational vessel

BCG, ABS to work together for marine decarbonization

Boston Consulting Group (BCG), a global management consultancy, and leading advisor on decarbonization to the maritime industry, and American Bureau of Shipping (ABS), a global leader in providing classification services for marine and offshore companies and assets, have today signed a memorandum of understanding to join their technical and consulting expertise in the maritime and

ABS gives approval to ammonia-fueled vessels

ABS awarded two approvals in principle (AIPs) to COSCO Shipping Heavy Industry Co., Ltd., and COSCO Shipping Heavy Industry Technology Co., Ltd., for their ammonia-fueled vessel and ammonia supply system designs which are being trialed on a tugboat. Given the challenging characteristics of ammonia, ABS conducted a comprehensive review and risk assessment focused on ammonia