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Euronav, CMB.TECH unveil future plans for an ammonia-powered fleet
Article

Euronav, CMB.TECH unveil future plans for an ammonia-powered fleet

Julian Atchison February 14, 2024

International crude oil giant Euronav and CMB.TECH will merge to form a new clean shipping entity. The future fleet will feature nearly one hundred ammonia-fueled ships, including Ultramaxes, large-scale container vessels, long-range carriers and chemical tankers. Further details have also emerged about CMB.TECH’s ammonia fuel production project in Namibia, which is targeting a yearly production capacity of 185,000 tonnes of ammonia fuel by 2028.

India launches subsidy scheme for renewable ammonia production
Article

India launches subsidy scheme for renewable ammonia production

Julian Atchison February 06, 2024

The Indian government has launched a new incentive scheme for renewable ammonia, aiming to support the production of 550,000 tonnes per year from 2027. The news comes as the first winners of subsidies for renewable hydrogen production & domestic electrolyser manufacturing were announced. In December, the government also amended an existing scheme to provide financial assistance for new-build vessels powered by green fuels, including ammonia.

Renewable ammonia exports from Brazil: Project Iracema
Article

Renewable ammonia exports from Brazil: Project Iracema

Kevin Rouwenhorst January 14, 2024

In our latest episode of Ammonia Project Features, we explored Project Iracema: a grid-connected, renewable ammonia production facility under-development in Pecem, northeast Brazil. To discuss Brazil’s unique electricity market, project details and the important role of certification to the project, AEA Technology Manager Kevin Rouwenhorst was joined by Jonas Rechreche (Proton Ventures), Matheus Kleming (Casa dos Ventos) and Ricardo Gedra (CCEE).

US Treasury proposes rules for 45V clean hydrogen
Article

US Treasury proposes rules for 45V clean hydrogen

Julian Atchison January 08, 2024

For producers to qualify for 45V tax credits, the US Treasury has proposed a set of new rules for renewable hydrogen that closely align with EU standards. The three pillars approach already adopted by the EU is proposed, as is the use of Argonne National Laboratory’s GREET model for lifecycle emissions analysis.

Headway in ACWA Power’s renewable ammonia projects
Article

Headway in ACWA Power’s renewable ammonia projects

Geofrey Njovu December 22, 2023

ACWA Power will develop a 150,000 tonnes-per-year renewable ammonia project in Indonesia, powered by 600 MW of wind and solar energy. The Saudi-based company also commenced construction on the first phase of its 500,000 tonnes-per-year renewable ammonia project in Uzbekistan, and has progressed development of a renewable mega-project near the Suez Canal.

All hands to the pump: every stakeholder needed to support marine ammonia fuel
Article

All hands to the pump: every stakeholder needed to support marine ammonia fuel

Julian Atchison December 21, 2023

For our final episode of Maritime Ammonia Insights, we asked our resident experts Sofia and Conor Fürstenberg Stott to provide their insights on the pathway forward for marine ammonia fuel. Discussion topics included challenges for overlaying alternative fuels onto the existing bunker industry, the importance of seafarers to the transition, and why we need to move beyond talking about competition between alternative fuel candidates.

Amogy & Azane to develop ammonia-fueled ammonia bunker barges
Article

Amogy & Azane to develop ammonia-fueled ammonia bunker barges

Julian Atchison December 20, 2023

Amogy & Azane Fuel Solutions will explore the use of Amogy’s ammonia-to-power system on board Azane’s ammonia bunker vessel concept. In Norway, Amogy has announced two new initiatives: one with Green Ships and Bourbon Horizons to deploy its propulsion system on a series of new Platform Service Vessels, and another to cooperate on supply chain development with ammonia fuel producer Hy2gen. Amogy, Mitsubishi and SK Innovations have also announced a new partnership to explore the large-scale deployment of Amogy’s ammonia cracking technology in Japan & Korea.