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LOTTE Fine Chemical has completed a port-to-ship ammonia bunkering operation at the Port of Ulsan, fueling EXMAR’s newly-launched Antwerpen vessel with 600 tons of ammonia fuel originating from Envision Energy’s renewable ammonia production plant in Chifeng, China. The ammonia fuel will power sea trials of the Antwerpen off the South Korean coast.

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The first phase of production entails 400,000 tons each year (from 2031), with the potential to scale up to one million tons in additional phases. The initial investment is estimated at approximately $5 billion, increasing to $10 billion at full production capacity.

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(Shanghai, April 29, 2026) Envision Energy, a global leader in green technology and energy transformation, today announced its participation in the pilot phase of the AEA Ammonia Certification System, a global certification system designed by the Ammonia Energy Association (AEA) to facilitate the transparent, trusted international trade of low-emission ammonia. 

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In our latest episode of Project Features, we explore EXMAR’s new ammonia dual fuel vessels, which are shortly to go through sea trials on ammonia fuel. We discuss safety engineering, engine testing, crew training, and “Risk Based Certification”: the approvals process novel vessels like these need to go through to demonstrate an equivalent level of safety to that achieved with conventionally-fueled vessels.