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Bunker Ammonia: Rapid Cross-Sector Progress from Industry, Government, Finance, and Class Societies

The maritime industry has been engaged in a frenzy of research since April 2018, when the International Maritime Organization (IMO) announced its Initial GHG Strategy mandating a 50% reduction in shipping's emissions by 2050.

Three recent announcements illustrate the speed and depth of progress across a range of maritime stakeholders. In the government sector, the UK has launched its Clean Maritime Plan, which identifies ammonia as one of its strategic "clean growth opportunities." In finance, a coalition of 11 banks representing a shipping portfolio of around $100 billion has launched the Poseidon Principles to "redefine the role of banks in the maritime shipping sector." And class society ABS launched its Global Sustainability Center in Singapore to analyse, certify, and validate alternative fuels and new technologies; its Director of Global Sustainability will speak at the inaugural conference of the Ammonia Energy Association--Australia, held in Clayton, VIC, on August 22-23. His subject will be "Green ammonia as marine bunker fuel."

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UK Department of Transport recommends launch of ammonia / hydrogen powered vessels within 5-15 years

In January 2019, the UK Department for Transport published a policy paper outlining its vision for the maritime sector over the coming decades. Among the many recommendations contained in Maritime 2050: navigating the future, is a medium-term objective to place "a group of hydrogen or ammonia powered domestic vessels in operation."

The "strategic ambition" driving this recommendation is the expectation that "the UK will ... lead the way in taking action on clean maritime growth enjoying economic benefits from being an early adopter or fast mover." Moving forward, these recommendations will be developed into policy in the government's forthcoming Clean Maritime Plan, scheduled to be published in Spring 2019.

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