Höegh Autoliners revealed on Thursday a partnership with ammonia distributor Yara Clean Ammonia, on a future supply of clean ammonia for its vessels, as Yara is a large trader and distributer of ammonia.
This is the latest move by a shipping company looking to secure supplies of future, low-carbon fuels as part of the industry’s global decarbonisation efforts.
The two partners earlier this year have sealed an agreement for the supply, potential distribution, and delivery for consumption of clean ammonia for the Höegh Autoliners’ new Aurora-Class PCTC vessels.
As part of the deal, the companies will also consider the supply of blue ammonia where up till 95% of the CO2-emissions are captured and permanently stored.
Höegh Autoliners has committed, through its membership in the First Movers Coalition, a world economic forum-backed initiative focused on reducing emissions in the ‘hard-to-abate’ sectors, to powering at least 5% of its deep-sea operations with green ammonia by 2030.
The goal is to run its fleet on at least 100,000 metric tons of green ammonia by that same year.
As the shipping company explains, the launch of the design of the Aurora Class vessels and the signing of contracts for the delivery of the first twelve Auroras, with the delivery of two every six months starting from H2 of 2024, is another step on Höegh Autoliner’s path to zero.
“The Auroras will be the first in the PCTC segment to receive DNV’s ammonia and methanol-ready notations with the main engine provided by MAN and the bridge system supplied by Kongsberg Maritime,” it is said by Höegh.
Andreas Enger, chief executive of Höegh Autoliners, noted: “This is exactly the type of collaboration that will accelerate a push towards net zero shipping in the deep-sea segment of the industry. For Höegh Autoliners, this represents another step towards full decarbonization of our customers’ supply chains, and we are pleased to collaborate with a strong Norwegian global player to meet this goal.”
Magnus Krogh Ankarstrand, president of Yara Clean Ammonia, said: “Building on Yara’s leading experience within global ammonia production, logistics and trade, Yara Clean Ammonia works towards capturing growth opportunities in net-zero fuel for shipping.”
