ammonia fuel
  & alternative energy

AmmONia Market - Maritime fuel

The maritime sector is turning to green ammonia fuel as the solution for decarbonization

The maritime and shipping industry is responsible for a growing proportion of greenhouse gas (GHG) emissions. With business-as-usual projections, the emissions of this industry are expected to increase by 50-250% by the year 2050.

Marine Fuel Future

The International Maritime Organization pledged the “total annual GHG emissions from international shipping should be reduced by at least 50% by 2050 compared to 2008”

Green ammonia will be the best solution to reaching this goal.

  • Ammonia and hydrogen are the only completely carbon free fuels, producing no carbon dioxide when combusted because they contain no carbon atoms. 
  • Ammonia has 1.8 times the energy density of hydrogen.
  • Green ammonia is not produced from fossil fuels, resulting in zero associated upstream emissions

The first ammonia fueled ship engines are already under development and will be available as early as 2024.

Illustration: Michael Solita. Source: American Bureau of Shipping

Ammonia & Hydrogen will make up 35% of Maritime Fuels by 2050 as oil-based fuels are phased out. 

MAN Energy & Samsung Heavy Industries are part of an initiative to develop the first ammonia-fueled oil tanker by 2024.

Viking Energy is poised to become the first vessel propelled by ammonia fuel cells.

The world’s first ship to be classified as ammonia-fuel ready, has been delivered to Maroussi, Greece.

Over 120 ports are already equipped with ammonia trading facilities.