FINWIRES · TerminalLIVE
FINWIRES

IMO Expands Safety Rules for Hydrogen, Ammonia Fuel Use

By

The International Maritime Organization's Maritime Safety Committee approved a series of new interim training and safety guidelines covering ammonia, methanol, hydrogen and liquefied hydrogen, DNV said on Friday.

The IMO's MSC held its 111th session from May 13 to May 22.

DNV said that the MSC approved "Interim guidelines on training for seafarers on ships using methyl/ethyl alcohol as fuel" along with separate guidance for vessels operating on ammonia fuel.

MSC 111 endorsed a work plan to further develop training requirements for seafarers serving on vessels using low- and zero-carbon fuels and emerging propulsion technologies, reflecting the industry's growing shift toward alternative energy systems.

The committee, in addition to training standards, approved safety guidance for ships using hydrogen as fuel, marking another step in the regulatory framework for one of the shipping sector's most closely watched future energy options.

For ammonia, MSC 111 approved interim guidelines addressing the use of ammonia cargo as fuel on gas carriers. The guidance focuses on safe handling practices, particularly in areas outside cargo zones, with an emphasis on protecting crew and vessel safety.

The committee also adopted revisions to existing recommendations for the carriage of liquefied hydrogen in bulk, updating Resolution MSC.565. The revision introduces a new section on cargo containment systems for membrane-type tanks, including provisions for maintaining vacuum-sealed insulation spaces.

Separately, MSC 111 approved draft amendments to Safety of Life at Sea, also known as SOLAS, Chapter II-1, clarifying that the International Code of Safety for Ships using Gases or other Low-flashpoint Fuels or the IGF Code applies to ships using gaseous fuels regardless of flashpoint characteristics.

The amendments introduce a formal definition of "gaseous fuels" and update related provisions on "low-flashpoint fuels."

Consequential amendments to the IGF Code were also agreed upon, aligning technical definitions and scope across the regulatory framework.

DNV said that the draft amendments to SOLAS and the IGF Code are expected to enter into force on July 1, 2028, subject to formal adoption at MSC 112 in December 2026.

Related Articles

Commodities

US Oil Update: Futures Settle Higher on Slow Progress in US-Iran Peace Talks

Crude oil prices settled higher in after-hours trading on Friday as markets weighed the prospect of a breakthrough in US-Iran peace negotiations against the prolonged closure of the Strait of Hormuz.Front-month West Texas Intermediate crude futures rose by 0.67% to $97 per barrel, while Brent futures climbed 1.35% to $103.96/bbl.The US and Iran have signaled progress in talks to end the war, but the two sides remain at loggerheads over Tehran's enriched uranium stockpile and tolls on vessels transiting the Strait of Hormuz."While there are signs of optimism, uncertainty reigns. This is not the first time a deal seemed close, only for negotiations to break down," ING strategists said in a note Friday.US Secretary of State Marco Rubio told reporters in Sweden, while attending a Nato summit, that there had been "slight progress" in the latest round of talks aimed at preventing a wider regional conflict."We are doing everything we can to achieve the global consensus necessary to prevent Iran from creating a tolling system, and we're trying to use the United Nations," Rubio told reporters at the Nato summit.Though Iran said the latest proposal from the US partly bridged the gap between the two sides, comments from Supreme Leader Ayatollah Mojtaba Khamenei about keeping Tehran's uranium stockpile and a dispute over tolls in the Strait clouded the outlook for a breakthrough.Pakistan's army chief, Asim Munir, arrived in Tehran on Friday, where he is expected to meet key Iranian figures to discuss Iran-US peace talks and regional peace and stability.Separately, a Qatari negotiating team arrived in Tehran on Friday in coordination with the US to help secure a deal, according to media reports.Soojin Kim, research analyst at MUFG, said the prolonged disruption in Hormuz has driven a sharp drawdown in global crude and fuel inventories, while the International Energy Agency reiterated its readiness to release additional emergency stockpiles if supply pressures intensify further.On the operational side, the number of rigs drilling in the US rose by seven to 558 in the week ending May 22, Baker Hughes (BKR) said on Friday, amid a resurgence in domestic activity as the Middle East conflict drives up energy prices.The US oil rig count rose by 10 from 415 the previous week to 425, while the number of gas rigs dropped by three from 128 the previous week to 125.Meanwhile, US consumers continue to feel the impact of energy inflation, as gasoline prices have climbed to their highest level for the Memorial Day holiday since 2022, the Energy Information Administration said on Friday.The EIA said the national average price for regular gasoline reached $4.49 per gallon on May 18, up 42% from a year earlier and marking the highest level for the Monday before Memorial Day weekend since Russia's invasion of Ukraine disrupted oil markets three years ago.

$BKR
Commodities

US Natural Gas Update: Prices Fall as Cooling Demand Fades

US natural gas futures gave back early-week gains in after-hours trade on Friday ahead of the Memorial Day weekend, as the season's first major heat wave faded and forecasts turned cooler, pressuring near-term demand expectations.The front-month Henry Hub contract fell 3.21% to $2.921 per million British thermal units, while the continuous contract dropped 3.87% to $3.034/MMBtu.Power-sector demand briefly surged to unusually strong levels for mid-May earlier in the week, but traders faded as cooler forecasts spread across the Southeast and Northeast.Lower-48 gas demand was estimated at 69.1 Bcf/d on Friday, down 2.1 Bcf/d day over day and 3.9% below year-earlier levels. Celsius Energy estimated power burn at 21.6 Bcf/d, down 2.8 Bcf/d from Thursday but still 1.9 Bcf/d above the same period last year.Despite weakened demand sentiment, the Energy Buyers Guide said underlying market risks remain, including stagnant US production growth, lower Canadian imports, reduced LNG flows due to maintenance outages, and storage inventories that continue to lag year-ago levels.Regarding Output, Barchart, citing BNEF data, said Lower-48 dry gas production was estimated at 110.1 Bcf/d on Friday, down 300 MMcf/d from Thursday but up 1.9% year over year.Gelber & Associates said recovering Appalachian output and stable pipeline inflows continue to reinforce a relatively comfortable supply backdrop, even with historically strong LNG export demand. The firm noted Appalachian production has rebounded above 36.0 Bcf/d as maintenance rolls off."That leaves Henry Hub vulnerable to continued rangebound trade unless either LNG demand accelerates further through commissioning activity and summer ramp-ups or the weather pattern shifts back toward sustained heat," Gelber said.LNG feedgas remained a strong support for the market. Net flows to US LNG export terminals were estimated at 18.3 Bcf/d on Friday, up 2.8% from a week earlier as Corpus Christi Stage 3 continued ramping despite maintenance at Freeport and Cameron.

Commodities

US Jet Fuel Production Nears Record Highs Amid Middle East Conflict

Weekly US jet fuel output has reached near-record levels due to heightened global demand amid the supply crunch triggered by the Middle East conflict.US Energy Information Administration weekly data show that US refiner and blender net production of jet fuel has remained above the 2 million barrels per day mark since April 17 this year.Production levels in the past few weeks are close to the weekly record high of 2.1 mmb/d set on July 5, 2024, the highest level since the EIA began releasing jet fuel production data in 1982.Jet fuel production has surged by 288,000 b/d since the US-Israel campaign against Iran began on Feb. 28, according to EIA data.Weekly data for the week ending Feb. 27, a day before the conflict began, pegged jet fuel output at 1.7 mmb/d, according to the data.Recent data for jet fuel production was just over 2 mmb/d for the week ending May 15, EIA data showed.Reflecting surging global demand, US jet fuel export data touched an all-time record in the week ended May 8, when export volumes hit 455,000 b/d, EIA data showed.The previous record for jet fuel exports was in the week ending April 3, when volumes hit 442,000 b/d.This indicates that US jet fuel export volumes have hit the two highest levels on record since the outbreak of the Middle East conflict. Prior to the conflict, the record stood at 439,000 b/d, set in September 2022.The prolonged Middle East conflict has constrained crude and oil product movement via the Strait of Hormuz, exerting upward pressure on prices.US refiners expect high margins to continue at least until the end of 2026, according to an Argus report.