WinGD wins LR approval in principle for ammonia-fueled two-stroke engines

As the race to be first to market with future-fueled engines picks up pace, Lloyd’s Register has granted Winterthur, Switzerland, headquartered engine designer WinGD the first ever approval in principle (AiP) for its ammonia-fueled two­­‑stroke engines. The AiP was awarded for WinGD’s X-DF-A dual-fuel range and gives shipowners the assurances they need to realize vessel designs using ammonia-fueled main engines.

WinGD says that its ammonia-fueled two-stroke engine series research has been...

https://www.marinelog.com/shipbuilding/engines-fuel/wingd-wins-lr-approval-in-principle-for-ammonia-fueled-two-stroke-engines/

Sanctions on Russian crude and diesel exports are failing

a chart showing premium for loading Russian tanker cargoes

Mainstream European tanker owners have largely abandoned the Russian trade now that the country’s crude and diesel have breached Western price caps. The so-called “shadow” fleet — tankers operating outside Western insurance and financial circles — has taken over.

Western sanctions had two goals: First, keep Russian oil flowing, and second, curb oil revenues to Putin’s military. Goal No. 2 is in major trouble. Russia’s export revenues are increasing as the price of its crude and products rises...

https://www.freightwaves.com/news/sanctions-on-russian-crude-and-diesel-exports-are-failing

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