Yara Clean Ammonia and Höegh Autoliners announced that they have agreed on a future supply deal for clean ammonia.
In May 2023, the two companies signed a Letter of Intent to partner around the supply, potential distribution, and delivery for consumption of clean ammonia for the Höegh Autoliners’ new AuroraClass PCTC vessels. The twelve Aurora Class vessels will be the world’s largest and most environmentally friendly car carriers ever built, equipped to operate on zero-carbon ammonia and methanol.
The partnership follows separate initiatives in both companies in two important parts of the value chain, namely supply and demand.
Norway has set ambitious targets for cutting emissions from domestic shipping by 50 % by 2030. In July this year, the International Maritime Organization (IMO) adopted a historic ambition of zero emissions for international shipping by 2050. Clean ammonia is a solution that can contribute to reducing the world’s dependency on fossil fuels.
The First Movers Coalition was launched during COP-26 in Glasgow in November 2021 and was initiated by the US State Department, through Special Presidential Envoy for Climate John Kerry, and the World Economic Forum.
With the future of cargo and zero carbon fuels in mind, the Aurora Class vessel is designed for a greener future. Höegh Autoliners is accelerating its decarbonization efforts by building the most environmentally friendly car carrier ever built. 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 decisive step on Höegh Autoliner’s path to zero. e.
Yara has been producing ammonia for almost a century and has extensive experience in ensuring that production, storage and bunkering of ammonia goes without negative impact to crew or environment.
Together with Azane Fuel Solution, we’re developing the world’s first bunkering and distribution network for clean ammonia to supply ships with a net-zero fuel. We already have a global distribution network for ammonia and we’re working closely with port authorities worldwide to make the bunkering of clean ammonia available for deep-sea shipping,
..says Magnus Krogh Ankarstrand, President of Yara Clean Ammonia.
