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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

The Green Ammonia case

Ammonia, an important feedstock to our economy as it is the 2nd most produced chemical by mass, after sulphuric acid…

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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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Norway announces competitive bidding process for the production of H2 for maritime use

Norwegian state-owned Enova SF, under the Klima- og miljødepartementet, will provide investment support via a competitive bidding process for projects…

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The Green Steel case: The challenge of DRI grade iron ore and potential stranded assets

With the increase in importance due to potential costs and the induction of Carbon Border Adjustment Mechanism (CBAM) to ramp…

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The Carbon Border Adjustment Mechanism (CBAM) starts entering into effect on the Oct 1, 2023

The European Union's Carbon Border Adjustment Mechanism (CBAM) starts entering into effect on October 1, 2023.This new tool seeks to…

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Norsk Hydro produces World’s first aluminium using green hydrogen

Kudos to Norsk Hydro and Hydro Havrand for producing world's first aluminium batch using green hydrogen This is a great…

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