The Norwegian government enterprise Enova SF has granted the MS Green Ammonia project an 80 million NOK, according to Norway’s Grieg Maritime Group.
The funding will partially cover the investment cost to build and make the ammonia-fuelled ammonia tanker MS Green Ammonia emission-free.
The vessel, which was developed with Pilot-E support since 2021, serves as a green ammonia distribution and bunkering vessel, capable of transporting up to 5,000 tons of ammonia per trip to various customers.
Its design offers significant flexibility to adapt to changing market needs, Grieg Maritime Group said, and includes both ship-to-terminal and ship-to-ship bunkering capabilities.
In addition to transporting green ammonia, the ship will also utilize ammonia as fuel on board. By installing dual-fuel engines, the project aims to meet up to 85% of the ship’s energy needs with ammonia.
The vessel will also be equipped with energy-saving technologies, including batteries, a shore power connection, and wind-assisted propulsion.
The MS Green Ammonia is planned to be delivered in 2028.
“We have developed the MS Green Ammonia project with Pilot-E support since 2021. We are pleased that ENOVA is now supporting the continuation of the project with investment support,” said Vidar Lundberg, managing director at Grieg New Energy.
“We are working closely with end-users to further develop the business model and commercial use that makes MS Green Ammonia competitive in a new and growing market. We collaborate on this with key players in the maritime industry and firmly believe that the MS Green Ammonia vessel concept will be crucial for establishing an efficient value chain for green ammonia,” he concluded.
The MS Green Ammonia design, approved in principle by DNV in 2022, aims to be one of the world’s first ammonia-powered tankers, set to launch in 2028, to supply green ammonia along the Norwegian coast, the Arctic region, and continental Europe.
