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Avaada Group: $2 billion secured for new Odisha project

REC Limited has committed nearly $5 billion total to three new energy projects in Odisha state, including renewable ammonia projects to be developed by Avaada and ACME Group. Avaada also announced that its facility will include a “cutting-edge” ammonia storage facility, to be developed at Gopalpur Port. The new funds follow a $1 billion investment in Avaada from infrastructure giant Brookfield earlier this year.

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Thorium-powered ammonia production in Indonesia

In our September episode of Ammonia Project Features, Pupuk Kaltim and Copenhagen Atomics joined us to explore their new, nuclear-powered ammonia project in Bontang, East Borneo. Cophenagen’s Thorium-fed, Onion Core® reactor design will be integrated with solid oxide electrolysers and an existing ammonia synthesis loop to produce more than one million tonnes per year of low-carbon ammonia.

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KBR to provide cracking tech for new South Korean project

KBR will deploy its new H2ACTSM ammonia cracking technology in Daesan, South Korea, delivering 200 tonnes of hydrogen per day as fuel for power generation. The new project is part of Hanwha Corporation’s decarbonisation push which includes co- and 100% firing of hydrogen fuel in gas turbines, ammonia production & export, and ammonia-powered vessels.

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AiP for offshore production in Korea, government funding for maritime ammonia in Scandinavia

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).

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Vessel news: bunker tankers, VLACs, pulp carriers & dual-fuel new builds

In vessel news this week:

  • ClassNK and partners are working on a joint study for the development of an ammonia-powered, ammonia bunkering tanker.
  • Capital Gas’ order of two very large ammonia carriers to be built by Samsung Heavy Industries are scheduled for delivery by H2 2027.
  • G2 Ocean has triggered its option of an additional two ammonia ready vessels from Grieg Maritime Group.
  • WinGD and KSS Line will explore WinGD’s X-DF-A engines for newbuild vessels, focussing on midsize & very large carriers.

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Tracking the development pipeline of ammonia-ready vessels

In vessel news this week:

  • Samsung Heavy Industries’ ammonia-powered, ultra-large ammonia carrier design has been granted AiP by Korean Register.
  • Pherousa Green Shipping’s new fleet of six Ultramax vessels will be developed alongside partner OSM Thome.
  • And Avance Gas has triggered the option of two mid-sized LPG/ammonia carriers, noting growth in global seaborne ammonia trade.