In this week’s maritime ammonia news:

• Hyundai Heavy Industries, Lloyd’s Register and Korea National Oil Corporation have signed a new agreement to jointly develop an ammonia floating storage and regasification unit, or FSRU.
• KSS Line and Samsung C&T will cooperate to establish a clean hydrogen/ammonia transportation service, powered by alternative fuels.
• In Japan, K Line has announced ammonia will underpin its decarbonisation strategy to 2050, with AiP granted for a new Newcastlemax bulk carrier design.
• And the first of two CCU ammonia shipments have reached Ulsan from Saudi Arabia, with importer Lotte Fine Chemical leading development of a clean ammonia supply chain in the Yellow Sea.

The American Bureau of Shipping awarded AiP to a design for an offshore CO₂ injection platform developed by Hyundai Heavy Industries. The design is one of two being developed - the other being a renewable hydrogen offshore production platform powered by on- or offshore wind power. The partners are targeting 2025 for both designs to be constructed and operational.

Korean Register has granted AiP for two more ammonia-fueled vessel designs: a 60,000 m3 carrier and a 38,000 m3 ammonia transport/bunkering vessel. Both designs were developed by Korea Shipbuilding & Offshore Engineering, with assistance from Hyundai Heavy Industries. Importantly, the new AiPs mark the first milestone achievement for the 'Green Ammonia Shipping/Bunkering Consortium', which was launched in May 2021 with the explicit purpose of developing ammonia-fueled ship designs for approval by Korean Register.

Two announcements this week: i) Samsung Heavy Industries and Wärtsilä have agreed to jointly to develop new-build vessels with 4-stroke, ammonia-fueled auxiliary engines; and ii) Bureau Veritas has awarded Approval in Principle to Hyundai Heavy Industries and KSOE for their new, ammonia-fueled vessel design.

Welcome to the Ammonia Wrap: a summary of all the latest announcements, news items and publications about ammonia energy. This week: two new large-scale ammonia projects in the UAE, RWE, BASF combine for 2 GW "Offshore-to-X" project, green ammonia exports from Tasmania, coal co-combustion trials in Japan, Japanese shipping industry chases decarbonisation, South Korean companies join together in local green ammonia consortium, new funding for ammonia-from-wastewater research and Horisont Energi and Equinor join forces for the Polaris project.