Hanwha Power Systems has received Approval in Principle from the American Bureau of Shipping for its ammonia gas turbine conversion design. Hanwha and partners are aiming for conversion of LNG carriers by 2028.
At the recent Japan-India Summit, the governments committed to cooperation on R&D, development of policy, regulations, market mechanisms, infrastructure, and the establishment of a hydrogen/ammonia trade corridor between India and Japan.
At the recent Tokyo International Conference on African Development, Japan-based Mizuho financial group signed MoUs with the Namibia Green Hydrogen Programme and Tsubame BHB for project development in Africa.
First Ammonia Motors has successfully demonstrated a pure ammonia-fed V8 engine, which utilises proprietary onboard heat recycling and ammonia cracking technology to generate hydrogen as a combustion co-fuel.
Japan Engine Corporation has announced commercial readiness for its new 2-stroke, dual-fuel engine. The first engine unit will be installed on an ammonia-fueled medium gas carrier next month, with the vessel scheduled to enter service in 2026.
The Solar Energy Corporation has completed its first subsidy program for renewable ammonia, awarding the thirteenth and final contract this week. ACME Cleantech won six contracts, totalling 370,000 tons production per year.
Everllence (formerly MAN Energy Solutions) will supply four 7S60ME-LGIA dual-fuel engines to Höegh Autoliners, for installation aboard Höegh’s new Aurora-class car carriers.
Mitsui O.S.K. Lines and ITOCHU will use their own vessels to demonstrate ship to ship ammonia bunkering in Singapore in 2027. This week, ITOCHU also signed collaboration agreements for the development of ammonia bunkering near the Suez Canal.
GMF’s new report finds that both ammonia and methanol fuels are now “ready” for commercial deployment, but a concerted push is required to enable scale-up beyond 2030. The report highlights the increased familiarity (and confidence) from key maritime stakeholders with ammonia fuel, and a recommendation to independently verify emissions from the first ammonia-fueled vessels.
NatWest’s five-year Climate for Transition (CFT) framework will see the UK bank finance £200 billion worth of investments aligned with climate and transition focused finance. Low carbon fuels such as CCS-based and renewable hydrogen and ammonia feature prominently in the framework.