Madoqua and Mitsui O.S.K. Lines will lead development of the corridor. Industry partners in the consortium include financiers, terminal operators, Port authorities, alternative fuel producers and offtakers. The transportation of liquified CO2 along the corridor will help establish a supply chain for sequestration of carbon emissions in Norway at Horisont Energi’s Gismarvik CO2 hub.
A new round of Norwegian government funding has awarded a total of $68 million to a series of ammonia-fueled vessel projects, including a replacement freighter to service a key cargo and postal route to Svalbard, platform supply vessels, and the bunkering/distribution vessel MS Green Ammonia.
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.
Copenhagen Infrastructure Partners has signed MoUs with two shipping companies to develop vessels that will feature a dual-fuel ammonia engine and full ammonia bunkering capabilities. The new vessels will help CIP transport and distribute ammonia from its planned production projects.
The US Department of Energy has concluded negotiations with two more Hydrogen Hub consortia, committing funding to the Gulf Coast Hydrogen Hub (up to $1.2 billion) and the Midwest Hydrogen Hub (up to $1 billion).
