Site items in: Global

Impact of pre-certification on project finance
Article

In this session at our 2023 annual conference, panelists discussed how unified certification will help solve the chicken and egg relationship between offtake and project development. Moderated by Vibeke Rasmussen from Yara, the discussion featured Ed Davis from the Loan Program Office (US DoE), Tomoaki Ichida from Mitsui OSK Lines, Oleksiy Tatarenko from RMI and Dolf Gielen from the World Bank Group.

Long-term offtake will be made easier with unambiguous, harmonised certification standards, which will in turn have a positive impact on ammonia projects reaching financial close. Certification schemes like the one under-development by the AEA are sorely needed to break the impasse between project development and offtake.

Scaling clean ammonia: a World Bank perspective
Article

To scale clean ammonia production from 1.4 million tonnes under construction today to the projected 269 million tonnes needed by 2030, key risks including offtake, uncertain price and demand need to be addressed. Potential solutions include technological innovation, a clear mapping of supply and demand, and harmonised standards and certification. Learn more about our 2023 annual conference keynote featuring Dolf Gielen from the World Bank.

IMO progresses on guidelines for ammonia fuel
Article

The IMO reports that significant progress has been made on the development of draft interim guidelines for the safety of ships using ammonia as fuel. Approval of the final guidelines is scheduled for December 2024, with a series of key regulatory updates due in the coming years.

We do it safely, or not at all: the marine ammonia fuel journey
Article

In our latest episode of Maritime Ammonia Insights, Matt Dunlop (MMMZCS) and Samie Parkar (Lloyd’s Register’s) stepped us through key outcomes of a new, comprehensive safety study for ammonia-fuelled shipping. Combining Quantitative Risk Analysis with Human Factors analysis, a series of risk mitigation & worker training recommendations provides a path forward for the safe operations of ammonia-fuelled vessels.

Maritime buyers alliance launches tender for zero-emissions shipping
Article

The Zero Emission Maritime Buyers Alliance has launched a tender process for container shipping powered by zero-emissions fuels. The twenty-member Alliance includes major global consumer brands, and is seeking bids to meet an aggregate demand of 600,000-plus TEUs over 3 years, with a book-and-claim approach to be used for fuel certification. The demand-side initiative comes as a new report from UMAS and the Getting to Zero Coalition finds the window of opportunity for the global shipping industry to meet its 2030 goals is closing.

Risk analysis for ammonia-fueled vessels
Webinar

Hear from the authors of a new joint study into ammonia safety onboard ships. The study is the most comprehensive to-date on the effectiveness of risk mitigation measures applied to ammonia-fueled vessels, pairing Quantitative Risk Assessment with an analysis of human factors.