Site items in: Global

IMO approves interim fuel guidelines
Article

The IMO’s Maritime Safety Committee has approved interim guidelines for the use of ammonia fuel onboard vessels. Ship owners will also be able to voluntarily adopt code changes allowing the use of ammonia cargo as fuel, ahead of their entry into force next July. To unpack the new guidelines, the AEA will host the IMO and Lloyd’s Register at a public webinar in January.

H2Global: a clean ammonia market maker
Article

To open the AEA’s 2024 Annual Conference in New Orleans, H2Global Managing Director Timo Bollerhey presented updates from the “green market maker”. To meet global climate targets, we need to accelerate market creation and maturation, and push past key tipping points. H2Global does this by bridging the green premium gap between sellers and buyers and facilitating transactions for clean commodities. A successful first ammonia auction was concluded in 2024, informing plans for a second, larger, truly global auction round that will be launched in the near future.

Call to action: what governments must now do to support demand
Article

The AEA and like minded organizations delivered two urgent calls to action at COP29. These documents outline practical actions needed from governments in the next one-to-two years to stimulate demand for clean hydrogen and ammonia. Now through 2025 and 2026, the AEA, its coalition partners, and all our industry members need to channel these messages into national and local policies to scale demand for clean molecules.

Work in progress: MEPC 82 lays the groundwork for final decisions in 2025
Article

MEPC 82 featured important progress in the ongoing development of the IMO’s “mid-term measures” to cut GHG emissions. States remain divided over the precise architecture of the financial mechanism, and the distribution of revenues received significant attention - particularly from states concerned about unjust or inequitable consequences of the energy transition.