Page 168 - ΝΑΥΤΙΚΑ ΧΡΟΝΙΚΑ - ΜΑΙΟΣ 2023

CHEVRON AND THE ANGELICOUSSIS industry’s carbon intensity. Through the JSA,
GROUP ANNOUNCE AMMONIA CARRIER the Angelicoussis Group and Chevron aim to
JOINT STUDY AGREEMENT advance ammonia’s technical and commercial
Chevron Corporation, through its subsidi- feasibility at scale, particularly as an export for
ary Chevron Shipping Company LLC, and the petrochemicals, power, and mobility markets.
Angelicoussis Group, through its Energy Tran- “We are pleased to collaborate with the Angeli-
sition division, Green Ships, announced a Joint coussis Group on this study, help advance lower
Study Agreement (JSA) to explore how tankers carbon energy at scale and progress marine
can be used to transport ammonia, a potential transportation of ammonia,” said Mark Ross,
lower carbon marine fuel. The initial study will President of Chevron Shipping Company. “I’m
evaluate the ammonia transportation market, proud of the collaboration between Chev-
existing infrastructure, the safety aspects of ron Shipping, Chevron New Energies and the
ammonia, potential next-generation vessel Angelicoussis Group and look forward to driving
requirements and a preliminary system to trans- progress toward our energy transition goals.”
port ammonia between the U.S. Gulf Coast and “Through collaborating with Chevron Ship-
Europe. Future opportunities will focus on addi- ping Company on this study, we aim to make a
tional global markets. meaningful contribution to prepare our indus-
Ammonia is a carrier of hydrogen and is believed tries for the transition towards lower carbon
to have the potential to lower the marine operations,” said Maria Angelicoussis, CEO of

Recent trends in marine technology and innovation
TECHNOLOGY & SHIPBUILDING

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