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Ammonia

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Fortescue awards FEED contract for green ammonia plant in Norway
Ammonia

Fortescue awards FEED contract for green ammonia plant in Norway

Australia-based green energy, technology and metals company Fortescue has allocated Tecnimont, a business unit of Italy’s Maire, a front-end engineering design (FEED) work for the green ammonia plant in the Nordgulen fjord in Norway. The scope of work entails the design of electrolyzer integration,

about 2 years ago
Spanish logistics company secures 50% stake in ammonia terminal in US
Ammonia

Spanish logistics company secures 50% stake in ammonia terminal in US

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Spanish logistics company for liquid products Exolum has completed the acquisition of a 50% interest in Vopak Moda Houston (VMH), an ammonia storage, import and export terminal located on the Houston Ship Channel, from U.S. Moda Midstream. The operation took place after obtaining approval from the c

about 2 years ago
Corvus Energy wins EU funding to integrate ammonia cracker tech with marine hydrogen FCS
Ammonia

Corvus Energy wins EU funding to integrate ammonia cracker tech with marine hydrogen FCS

Corvus Energy, a supplier of energy storage solutions for the maritime industry, has secured funding for the integration of ammonia cracker technology with its hydrogen fuel cell system (FCS), the so-called Pelican Fuel Cell system. The project funding is part of the Horizon Europe Framework Program

about 2 years ago
bulker powered by ammonia
Ammonia

Saverys says investing in future-proof ships makes sense now, reveals a pipeline of 120 hydrogen and ammonia-powered ships

Belgian owner of marine and industrial applications CMB.TECH plans to add approximately 120 hydrogen and ammonia-powered vessels to its fleet and has five hydrogen infrastructure projects worldwide in the pipeline, Alexander Saverys, the company’s chief executive, revealed in a capital markets day p

about 2 years ago
DNV: Orders for alternative-fueled vessels grow, methanol in spotlight
Ammonia

DNV: Orders for alternative-fueled vessels grow, methanol in spotlight

According to the latest stats from DNV’s Alternative Fuels Insight (AFI) platform, a total of 298 ships with alternative fuel propulsion were ordered in 2023, with methanol going mainstream. The classification society revealed that by a small margin, methanol proved the most popular alternative fuel

about 2 years ago
green ammonia
Ammonia

Green ammonia could decarbonize 60% of global shipping by 2050, study reveals

Green ammonia could be used to fulfil the fuel demands of over 60% of global shipping by targeting just the top ten regional fuel ports, a new study shows.

about 2 years ago
Polish firm becomes operator of only Barents Sea CO2 exploration license
Ammonia

Only Barents Sea CO2 exploration license gets new operator

The Norwegian Ministry of Energy has approved PGNiG Upstream Norway (PUN), part of Poland’s ORLEN Group, as operator and partner with Horisont Energi in the only CO2 storage located in the Barents Sea. Horisont Energi and PUN announced a sales purchase agreement on December 11, 2023, making PUN a li

about 2 years ago
Green Pioneer
Ammonia

MOL pens charter contract with Yara for ammonia carrier

Japanese shipping company Mitsui O.S.K. Lines, Ltd. (MOL) has signed a time charter contract for the ammonia carrier Green Pioneer with Yara Clean Ammonia Switzerland, a group company of Yara International ASA, the world’s largest nitrogen fertilizer manufacturer. The 2010-built vessel was delivered

about 2 years ago
Fraunhofer IKTS: Membrane reactors for hydrogen to change green shipping
Ammonia

Fraunhofer IKTS: Membrane reactors for hydrogen to change green shipping

“Catalytic ceramic membrane reactors allow us to generate hydrogen offshore via methanol-reforming or ammonia cracking and promote its application as a fuel,” said Mohit Jain, Research Associate at German Fraunhofer Institute for Ceramic Technologies and Systems (IKTS). At the Offshore Energy Exhibi

about 2 years ago
Clarksons: 45% of ships ordered in 2023 embrace alternative fuels, with LNG still in the lead
Ammonia

Clarksons: 45% of ships ordered in 2023 embrace alternative fuels, with LNG still in the lead

The renewal of the global shipping fleet made a significant stride in 2023, with a total of 539 ships, equivalent to 45% of all newbuild orders placed last year by gross tonnage, being capable of running on alternative fuels, Clarksons Research said. “2023 was a hugely significant year in the shippi

about 2 years ago
2023 in review: A transformative year for shipping and maritime
Ammonia

2023 in review: A transformative year for shipping and maritime

In the maritime realm, 2023 has been a year marked by transformative projects and announcements, on both the regulatory side, ship designing, and shipbuilding front as well as demand signals for the production of alternative fuels. Amidst geopolitical turbulences in the Middle East, the ongoing conf

about 2 years ago
Euronav
Ammonia

Euronav to acquire CMB.TECH for $1.25 billion

Belgian tanker shipping company Euronav NV and its controlling shareholder CMB NV have entered into a share purchase agreement for the acquisition of 100% of shares in cleantech maritime group CMB.TECH for $ 1.150 billion in cash. Euronav said that the move fits its renewed strategy of diversificati

about 2 years ago
Butting
Ammonia

MAN ES: World’s 1st SCR for ammonia engine tested

MAN Energy Solutions, in collaboration with Germany-based stainless-steel processor BUTTING, has revealed that the world’s first selective catalytic reduction (SCR) converter intended for an ammonia engine has passed its factory acceptance test. Measuring an impressive 3.9 meters in diameter and boa

about 2 years ago
Fortescue secures €200 million EU funding for green ammonia project in Norway
Ammonia

Fortescue secures €200 million EU funding for green ammonia project in Norway

Australia-based green energy, technology, and metals company Fortescue has been awarded a grant of €203,7 million by the European Union for its flagship green ammonia plant in Norway, the Holmaneset Project. The EU investment in Fortescue’s project is part of the Innovation Fund, one of the world’s

about 2 years ago