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Ammonia Green Corridors – The Opportunity Is Now

Since the Clydebank Declaration was signed last December, the prospect of ammonia-fueled, green maritime corridors has been steadily rising. The Global Maritime Forum has just released a valuable discussion paper on potential definitions and approaches for green corridors. Recent announcements in Europe, Singapore, Australia and the Nordic countries demonstrate growing momentum. For maritime stakeholders to capture early learnings and best manage the complex task of alternative maritime fuel scale-up, the opportune time is right now.

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Ammonia energy funding & acquisitions

SK Innovation has led a successful $46 million capital funding round for New York-based Amogy. The new funds will go towards two ammonia-powered, heavy vehicle demonstration projects: an eighteen-wheel tractor trailer, and an ocean-going cargo ship. H2SITE has closed a successful €12.5 million Series A funding round led by Breakthrough Energy Ventures to expand manufacturing capacity in Spain, and Sweden-based organisation Alfa Laval will acquire RenCat’s patented ammonia reforming technology.

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Maersk secures its first complete e-fuel supply chain

A.P. Moller - Maersk has entered into strategic partnerships with six organisations to secure the supply of at least 730,000 tonnes per year of green methanol fuel by 2025, which will fuel their future fleet of twelve methanol-fueled container ships. The announcement demonstrates a path forward for ramping up supply of alternative maritime fuels (including ammonia) by having a shipowner commit to complete off-take from a wide variety of partners & production projects, each of which is dramatically scaling-up output levels this decade.

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Renewable ammonia in Sweden

Grupo Fertiberia will work with the local government of Norbotten Region, Sweden to develop of a EUR 1 billion green ammonia & fertiliser plant. Powered by a mixture of wind and hydropower, Project "Green Wolverine" will feature 600 MW of electrolysers and produce 500,000 tonnes per year of carbon-free ammonia.