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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.

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Following the then-record delivery price submitted in early August, Jakson Green has now committed to supply 85,000 tons per year of renewable ammonia over a ten-year fixed contract, with a fixed delivery price of approximately $580 per ton. Three more price discovery data points were also announced last week, meaning we now have six of the thirteen subsidy winners announced.