Site items in: Content by Author Julian Atchison

Maritime ammonia developments in South Korea, Japan
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In this week’s maritime ammonia news:

  • Hyundai Heavy Industries, Lloyd’s Register and Korea National Oil Corporation have signed a new agreement to jointly develop an ammonia floating storage and regasification unit, or FSRU.
  • KSS Line and Samsung C&T will cooperate to establish a clean hydrogen/ammonia transportation service, powered by alternative fuels.
  • In Japan, K Line has announced ammonia will underpin its decarbonisation strategy to 2050, with AiP granted for a new Newcastlemax bulk carrier design.
  • And the first of two CCU ammonia shipments have reached Ulsan from Saudi Arabia, with importer Lotte Fine Chemical leading development of a clean ammonia supply chain in the Yellow Sea.

Fertiliser giant OCP Group to go fully renewable, eliminate ammonia imports to Morocco
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In a ceremony before King Mohammed VI of Morocco, OCP Group presented a new, green investment plan for 2023-27. The $13 billion plan will see OCP install 5 GW of renewable energy by 2027, completely powering their fertiliser manufacturing operations. A production target of one million tonnes per year renewable ammonia (also by 2027) will see OCP make serious headway into replacing its ammonia imports into Morocco with locally-made feedstock, improving food & energy security.

Trinidad & Tobago launches roadmap to decarbonise hydrogen & ammonia production
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Trinidad & Tobago’s National Energy Corporation, the Inter-American Development Bank and KBR have released their findings on how to establish a market for renewable hydrogen in the Caribbean country. Underpinned by a stepwise development of 57 GW of offshore wind power potential, the country could completely displace fossil-based hydrogen with renewable hydrogen in 2052. The 4 million tonnes-per-year production potential would meet industrial demands and lay the foundation for a significant export industry, potentially transforming Trinidad & Tobago into a global energy hub.

H2Global launches first green ammonia tender
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H2Global has launched its first tender process for the import of “green” ammonia into Europe, with a €360 million, ten year contract on offer beginning in 2024. In Germany, public gas company VNG and Total Eren will work towards ammonia imports into Rostock from 2028. VNG is already developing a significant clean production & import hub at Rostock, after an agreement with Equinor earlier this year.