Navigator Gas has been awarded AiP for the design of its new, ammonia-fueled gas carrier. An industry-wide consortium including MAN ES, Babcock International, and the Norwegian Maritime Authority (NMA) collaborated on the design.
Trammo (one of the world's largest transporters of ammonia) will supply green ammonia to Lotte Fine Chemical (LFC is currently the largest ammonia buyer in Asia) after a new agreement was signed this week. The MoU represents the first green ammonia supply agreement in Korea, and is a critical step in LFC's development of a Korea-wide ammonia value chain.
Korean logistics organisation Hyundai Glovis will ship LPG and ammonia from 2024 as part of a new ten-year agreement signed with Swiss-based commodity trader Trafigura. Glovis will spend around US$170 million on two new very large gas carriers (VLGCs) designed to carry both LPG and ammonia.
Woodside Energy, JOGMEC, Marubeni and two Japanese power utilities signed a joint research agreement this week to investigate the feasibility of a blue ammonia supply chain between Australia and Japan.
Infrastructure is key to realising the full potential of ammonia energy, enabling new markets and expanding the existing ones. By 2050 the hydrogen (and by extension, ammonia) market could be 20 times larger than it is today. What future possibilities are there to expand global ammonia production (currently 180 million tonnes per year) or trade volumes across the world’s oceans (currently 18 million tonnes per year)? On November 18, 2020, the Ammonia Energy Association (AEA) hosted a panel discussion moderated by Daniel Morris from KBR, as well as panel members Anthony Teo from DNV GL, Oliver Hatfield from Argus Media, and Michael Goff from Black & Veatch as part of the recent Ammonia Energy Conference. The panel’s insights from a number of different perspectives - market analytics, ship building and operating, as well as pipeline engineering - demonstrated ammonia's potential to become a low- or zero-carbon fuel of choice for the future. Current infrastructure can be adapted, new infrastructure can be built and operated cheaply, and lessons from previous fuel transitions can be taken on board to make the uptake of ammonia energy as smooth as possible.
