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The zero-emission shipping race

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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!

Here are some publications that may interest you

Norway announces competitive bidding process for the use of ammonia in vessels

Norway, through ENOVA, will provide investment support via a competitive bidding process for projects that will use ammonia as fuel…

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The first EU Hydrogen Bank auction awarded € 720mn in subsidies last week

The first EU Hydrogen Bank auction awarded €720 million in subsidies last week to produce 1.58 million tons over the…

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Germany launches a tender for Carbon Contracts for Differences (CCfD) to assist the energy transition of industries

The tender aims to target emission intensive industries such as glass, steel, cement and chemicals by offering them CCfD payment…

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French Agency ADEME launches industrial decarbonization tender, with a dedicated role for green hydrogen

French Agency for Ecological Transition ADEME has published the DECARB IND+ tender for large-scale industrial decarbonation in France, notably through…

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EU Renewable Hydrogen Tear sheets

2023 has been a pivotal year for renewable hydrogen in the EU with the definition of "renewable hydrogen" (RFNBO), adoption…

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Port Decarbonisation – A Case Study for hydrogen

The global maritime sector is set to grow threefold by 2050 and is already responsible for 3% of the global…

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