What

Green hydrogen and ammonia represent the most feasible way of reducing GHG emissions drastically for the maritime industry in the coming years.

The global leading marine engine manufacturers are developing ammonia driven engines which will be launched in 2024 and 2025 for commercial operations.

Leading ship owners and charterers are ordering ammonia powered vessels in order to be future-fit and to be in compliance with the regulations set out by authorities.

The EU Parliament has proposed shipping to be including in the Emission Trading System (ETS), forcing ship owners and charterers to pay for carbon allowances for all CO2 emission emitted on the voyage to or from an EU port. This is proposed implemented gradually from 2023 to 2025 and will drastically change the maritime fuel market as we know it.