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.
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:
The Global Centre for Maritime Decarbonisation and the Society for Gas as a Marine Fuel will collaborate on new guidelines for ammonia as a marine fuel. The work will help build towards ammonia bunkering demonstrations in Singapore.
New analysis from the Global Maritime Forum has found that the cost gap between ammonia fuel and conventional fuel could be closed as early as 2026 for their new NoGAPS vessel. A series of levers need to be pulled to fully finance NoGAPS and similar vessels (such as long-term charters), but the authors report favorable deals should be readily available. The authors also map out three commercial pathways for NoGAPS to operate, the easiest being exclusive bunkering on the US Gulf Coast.
The state government of Andhra Pradesh launched its new hydrogen and ammonia policy in June, including a production target of up to 2 million tonnes per year of renewable ammonia, plus a raft of incentives to attract project developers to the Indian state. The news comes as India’s Ministry of New and Renewable Energy sets the standard for “green” hydrogen produced in the country.
Earlier this year, the Japanese shipping giant declared a strategic direction which included a substantial role for low carbon ammonia. In our latest episode of Maritime Insights we explored the scope of this new strategy, MOL’s future fuels roadmap, and the wide range of initiatives in play to construct a full value chain for fuel ammonia (including mega-scale production projects).
In Japan, NYK and TBG will develop a new ammonia bunkering boom to help reduce ammonia leakage during fuel transfers. On the newbuild front, Stolt Tanker’s six newbuild vessels will have the option of being retrofitted for ammonia propulsion, including the recently delivered Bochem Houston. Wallenius’ four “next generation” vessels will be initially methanol powered, with the option to run on ammonia.
