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July 19, 2021

Econnect and Amon Maritime launch JV for ammonia bunkering terminals

The JV between Econnect Energy and Amon Maritime will develop flexible ammonia ship bunkering infrastructure and services.

Norway-based companies Econnect Energy and Amon Maritime have formed a joint venture (JV), which will focus on the development of ammonia ship bunkering infrastructure technology, products and services.

To eliminate the hurdles in implementing ammonia as a fuel, the new JV Azane Fuel Solutions will develop flexible ammonia fuel bunkering terminals.

Optimised for ammonia-fuelled vessels, the new solutions will have the capacity to obtain fuel, in a refrigerated or pressurised state, from ships, trucks and barges.

In a statement, the companies said: “Our shore-based option is ideal for industrial ports and supply bases, allowing direct ship bunkering alongside the quay, or transfer to a bunkering barge. Larger versions of the system can also function as bunkering storage terminals, serving a fleet of bunkering vessels.

“Our floating option is flexible and mobile and thus ideal for the early years of the shift to ammonia fuel, when the first vessels may have to bring their own bunkering station to their most common ports of call.”

The JV will offer its services worldwide, seeing Northern Europe as a likely early adopter of ammonia fuel.

According to the companies, there will be ‘a substantial market potential on a global scale’, with the prospects of a bigger global deep-sea shipping market implementing the new fuel.

Azane Fuel Solutions has already commenced its first project, which includes the development and demonstration of an ammonia fuel bunkering network for vessels.

If successful, the Ammonia fuel bunkering network project would become the first such project globally to pilot ammonia bunkering operations.

According to the companies, the project is seeking financial aid in the form of green governmental research and development (R&D) grants.

Econnect Energy CEO Morten Christophersen said: “Azane Fuel Solutions will help realise our ambition to accelerate the green shift to zero-carbon shipping solutions. Together we are forward-thinking companies with extensive maritime and energy experience to develop the systems and infrastructure for safe and efficient ammonia bunkering.”

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