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$300M+ Lost

February 3, 2022       /       Unchained Daily       /       Laura Shin Daily Bits ✍️✍️✍️ FTX has acquired Liquid, a Japanese crypto exchange. Thailand is[...]

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India targets August launch for Chandrayaan-3 lunar lander

Delayed two years by the COVID-19 pandemic, the Chandrayaan-3 mission will mark India’s second attempt to land on the moon.

The post India targets August launch for Chandrayaan-3 lunar lander appeared first on SpaceNews.

Tiny Tina’s Wonderlands Character Reveal: Meet ‘Izzy’ – IGN First

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Crypto wallet Phantom launches app following $109m Series B raise

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Mitsubishi Shipbuilding Completes Conceptual Study on Floating Storage and Regasification Unit (FSRU) for Ammonia Together with Mitsui O.S.K. Lines

TOKYO, Feb 3, 2022 - (JCN Newswire) - Mitsubishi Shipbuilding Co., Ltd., a part of Mitsubishi Heavy Industries (MHI) Group, has completed a conceptual study, in a joint effort with Mitsui O.S.K. Lines, Ltd. (MOL), on floating storage and regasification unit (FSRU) for ammonia. The study is aimed at promoting utilization of ammonia as an energy source that contributes to decarbonization, and the introduction of ammonia FSRU all over the world.

Image of Ammonia FSRU

Ammonia FSRU is a floating facility for receiving and storing ammonia which is transported in a liquid state from its production area, and the stored ammonia is then heated and regasified onboard for transfer to an onshore pipeline. Ammonia FSRU can be constructed at a lower cost and in a shorter time than onshore ammonia storage and regasification plants. At a time when global interest in usage of ammonia is increasing, the application of Ammonia FSRU in place of onshore storage and regasification plants is expected to contribute to earlier and stable supply of ammonia fuel.

In the newly completed conceptual study, Mitsubishi Shipbuilding conducted multiple case studies of FSRU which have different specifications according to the ammonia's supply conditions, regasification method, tank capacity, etc., in order to respond to a wide range of demands, and eventually developed designs of more environmentally friendly Ammonia FSRU. The study also covered the feasibility of employing ammonia fuel to generate the power required for the operation of the FSRU itself.

In addition, Mitsubishi Shipbuilding has just concluded a memorandum of understanding (MOU) with MOL and The Kansai Electric Power Co., Inc. whereby the parties will examine the possibilities of future introduction of Ammonia FSRU. They are aiming at realization of the first Ammonia FSRU in the world, making the most of Mitsubishi Shipbuilding's expertise in ammonia handling technologies.

Ammonia is now mainly used as a raw material of fertilizers, and although the volume of maritime transportation is limited so far, the demand is expected to increase in the future as a next-generation clean energy that does not emit CO2 when burned. In the global trend toward decarbonization, movements toward making strategic use of ammonia are increasing, especially in Asia.

Going forward, according to MHI Group's strategy of advancement of the energy transition, Mitsubishi Shipbuilding will strive to promote decarbonization of the maritime industry as well as to contribute to realizing a carbon-neutral society and reduction of environmental load on a global scale, by utilizing its technologies and expertise in ammonia handling accumulated through its long experience in building multi-gas carriers for transporting LPG and ammonia.

About MHI Group

Mitsubishi Heavy Industries (MHI) Group is one of the world's leading industrial groups, spanning energy, logistics & infrastructure, industrial machinery, aerospace and defense. MHI Group combines cutting-edge technology with deep experience to deliver innovative, integrated solutions that help to realize a carbon neutral world, improve the quality of life and ensure a safer world. For more information, please visit www.mhi.com or follow our insights and stories on www.spectra.mhi.com.


Copyright 2022 JCN Newswire. All rights reserved. www.jcnnewswire.comMitsubishi Shipbuilding Co., Ltd., a part of Mitsubishi Heavy Industries (MHI) Group, has completed a conceptual study, in a joint effort with Mitsui O.S.K. Lines, Ltd. (MOL), on floating storage and regasification unit (FSRU) for ammonia.

Emirates A380 services resume to Melbourne

Emirates has resumed Airbus A380 services to and from Melbourne, replacing its Boeing 777-300ER on daily flights between Melbourne and Dubai.

MicroStrategy’s Bitcoin MacroStrategy

February 2, 2022       /       Unchained Daily       /       Laura Shin Daily Bits ✍️✍️✍️ It appears that Daniele Sesta is wresting control of the[...]

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FTX Enters Japanese Crypto Market With Acquisition of Regulated Crypto Exchange

FTX Enters Japanese Crypto Market With Acquisition of Regulated Crypto ExchangeCryptocurrency exchange FTX has announced the acquisition of Liquid, which operates a regulated Japanese exchange, Quoine. The two companies “expect to work together to provide products and liquidity to clients in the Japanese and global markets.” FTX Acquiring Liquid to Provide Services to Japanese Customers Crypto exchange FTX is entering the Japanese crypto market. FTX […]

NTSB Downgrades 2020 Spirit A319 Electronics Loss To Incident

In February 2020, a Spirit Airbus A319 experienced electrical issues while approaching Sacramento, California. This ultimately resulted in…

F-15EX Eagle II Performs First Live Fire Event As Operational Testing Moves Forward

F-15EX Eagle II AIM-120D

The new F-15EX aircraft fired an AIM-120D at a target drone during Combat Archer. The U.S. Air Force’s newest fighter, the F-15EX Eagle II, successfully fired an AIM-120D missile during its first live fire event [...]

The post F-15EX Eagle II Performs First Live Fire Event As Operational Testing Moves Forward appeared first on The Aviationist.

Global Crypto Events to Attend in 2022

Check out our list of exciting crypto, Web3 and metaverse events happening this year.

DueDil Partners with Umazi to Accelerate SME Corporate Due Diligence

On February 1, DueDil, a UK fintech firm, announced a new partnership with Umazi, a London-based enterprise digital identity provider.

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