A new study from EDF and Ricardo outlines the potential for Mexico to produce, consume and export hydrogen-based fuels like ammonia. Mexico is already positioned on some of the world's busiest shipping routes and has a potentially huge surplus of green power by 2030, presenting a unique opportunity.
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.
A trio of Norwegian firms - renewable energy developer Magnora, investor Prime Capital and power company Troms Kraft - will partner up to get a green bunker fuel production facility up-and-running by 2025 in Tromsø, northern Norway. The project involves large-scale production of green hydrogen and further processing into green ammonia and/or liquid organic hydrogen carriers.
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.
Azane Fuel Solutions and project partners have been awarded €8,600,000 from the Norwegian government to build its world-first green ammonia bunker terminal. The project partners span the entire value chain for ammonia as a maritime fuel, and include ECONNECT Energy, Amon Maritime, Yara and Viridis Bulk Carriers.
