Between July and August 2023, net zero shipping has witnessed pivotal market updates such as MAN Energy Solutions has announced successful testing of ammonia combustion on their dual-stroke engine, Torghatten Nord AS and GreenH AS have signed a 15-year supply deal for green hydrogen-powered ferry operation in Norway and the International Maritime Organization has raised the decarbonisation target from -50% to -100% (vs 2008 value).
What are the key takeaways from the frenzy? Who will win the zero-emission shipping fuel race? Will there be only one winner?
Here’s our take at Yamna!
