India Pursues Global Collaboration for Methanol and Ammonia Ship Fuel Initiatives

green Shipping

During Singapore Maritime Week, India expressed its interest in partnering with the global shipping industry to explore new technologies and the potential of using methanol and ammonia as ship fuels, a senior government official said on Monday.

“We are here to seek out collaborations for all new technologies and explore the potential of using methanol and ammonia as ship fuels with the shipping industry stakeholders,” Bhushan Kumar, joint secretary, Ministry of Ports, Shipping, and Waterways, said on the sidelines of the event.

Considered a cleaner alternative to conventional maritime fuel, methanol and ammonia are produced from low-carbon sources, which helps reduce carbon emissions.

Highlighting the necessity of continuing to work on green fuel. Kumar told PTI, “At this stage, it may not be very attractive commercially, but we have to optimize and improve the solutions to make it viable.”

With most of the industry’s key players present here, it is the right time to work out collaborations and partnerships, he said, adding that India’s efforts towards hydrogen production will also help the industry in the energy transition.

He mentioned that India is spearheading green shipping efforts, projecting that hydrogen production will be feasible in India by around 2027. Notably, India is establishing hydrogen centers at Kandla, Paradip, and Tuticorin ports, with land at Kandla allocated to Reliance, L&T, and Welspur Groups for this purpose.

The focus now is on transitioning from conventional fuels to green alternatives like methanol, ammonia, and hydrogen to advance global green shipping, aligning with the goals of the IMO. Kumar emphasized the importance of collaboration among ship engine manufacturers, owners, and operators to drive this shift towards sustainable fuels.

Kumar engaged with the Maritime Port Authority and Port of Singapore Authority and also met Singapore’s Transport Minister, Chee Hong Tat, inviting them to further discussions in India. He continues to engage with industry stakeholders during this global event.

Additionally, Kumar provided updates on India’s ambitious Sagarmala projects, aimed at optimizing the country’s vast coastline, navigable waterways, and strategic maritime trade routes to reduce logistics costs. Over 800 projects are part of Sagarmala, with 220 completed, over 300 in various stages of construction, and the remainder in the planning and tendering phases.

The Singapore Maritime Week, which is being held from April 15–19, 2024, is being attended by over 10,000 delegates from around the world.

Leave a Reply

Your email address will not be published. Required fields are marked *