ITOCHU & Peninsula: joint development of ammonia bunkering in Spain
The two partners will pool their resources to develop ammonia bunkering at the Port of Algeciras in Spain.
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.
Having witnessed the extreme climate events this northern hemisphere summer, it was heartening to see momentum for new renewable projects on display in Sao Paulo, where I spoke at a recent conference. In the Netherlands, an important decision on the Porthos project will - hopefully - create space for infrastructure development.
German energy company EnBW has acquired a 10% equity stake in the SkiGA project, as well as securing long-term offtake rights to the renewable ammonia produced at the Norwegian facility. SkiGA will be completed in 2026, producing 100,000 tonnes per year of renewable ammonia.