Korea Research Institute of Ships & Ocean Engineering’s offshore hydrogen & ammonia production design has received Approval in Principle from the American Bureau of Shipping. In Scandinavia, the Norwegian government has awarded funding for two ammonia-fuelled vessel projects as part of a NOK 709 million funding round (including Yara Clean Ammonia & Viridis Bulk Carriers).
The two partners will pool their resources to develop ammonia bunkering at the Port of Algeciras in Spain.
In vessel news this week:
“Green fertilizer” produced at Fertiberia’s Puertollano plant has been successfully used on barley & potato crops in Spain, paving the way for future supply chains. Both Heineken and PepsiCo are aiming to reduce agricultural emissions and intend to scale-up the use of green fertilizer, and Fertiberia is set to begin producing low-carbon fertilizer at its other Spanish production centres.
Horisont Energi will partner with PGNiG Upstream Norway for the Barents Blue ammonia project. After the departure of original CCS partners Equinor and Vår earlier this year, Horisont also announced that Fertiberia would join as 50:50 development partner.
In vessel news this week:
Expected to become commercially available in 2025, WinGD’s X-DF-A ammonia powered engines will be fitted on Samsung Heavy Industries’ newbuild vessels. Eastern Pacific Shipping expects its ammonia powered Newcastlemaxes and VLAC fleet to be delivered from 2026 onwards, after signing a series of agreements with MAN Energy Solutions and other key partners.
