Shipping companies explore ammonia as a cleaner fuel alternative for net-zero, facing high costs and safety challenges.
Shipping companies are pursuing ammonia as a cleaner fuel alternative to cut carbon emissions and aim for net-zero by 2050. Notable advancements include NYK's ammonia-fueled tugboat and MOL's ship-to-ship transfer in Australia. Challenges include high costs and safety concerns due to ammonia's toxicity and use in fertilizers. While ammonia could be zero-emission if produced from renewable hydrogen, its adoption is limited, with only 25 dual-fuel ships ordered so far.
October 28, 2024
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