Seanergy has advanced a down payment of US$3.5 million and will pay an additional US$3.5 million on delivery of the vessel, as well as a daily bareboat rate of US$9000 over the charter period.
The companies are looking into the feasibility of a plant with a total capacity of 1.2 to 1.4 million tpy to serve new clean ammonia segments such as shipping fuel and power production.
The nano-epoxy silicone coating offers less carbon emissions and less impact to marine environment.
The project aims to support the future commercial application of CCS technology in the maritime sector, providing a clear analysis to guide decision-making by ship owners and related parties, especially for older vessels in operation.
Nikhil Kaitwade, Future Market Insights, India, examines the North American dry bulk market with a focus on the changing scenario, trends, challenges, and future outlook.