ECONNECT Energy and Amon Maritime announce the launch of joint venture – Azane Fuel Solutions. The new company will fill an existing gap in the ammonia fuel value chain by developing ammonia ship bunkering infrastructure technology, products and services.
The new bunkering solution will be capable of receiving fuel from ships, trucks and barges, in refrigerated or pressurised state and be optimised for ammonia-fuelled ships.
The 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.
The floating option is flexible and movable, and thus ideal for the early years of the shift to ammonia fuel, when the first vessels may have to bring their own fuelling station to their most common ports of call.
After that, a floating bunkering terminal will retain its flexibility, and will be useful also to bunker ships at anchorage.
"To enable the maritime green transition, new infrastructure must be established. Azane Fuel Solutions will focus on the bunkering part of the value chain and we see clear synergies with our on-going ammonia-powered ship projects," says André Risholm, CEO at Amon Maritime.
Initially, Azane Fuel Solutions will offer its products and services globally, and it sees the Northern European market as a likely adopter of ammonia fuel. There will be a substantial market potential as the larger international deep-sea shipping market adopts the new fuel.
First industry project – “Ammonia fuel bunkering network”
Azane Fuel Solutions’ first project is already underway. Together with project partners, which covers the whole value chain from ammonia production to consumption of ammonia as fuel on board vessels, the project will develop and demonstrate an ammonia fuel bunkering network for ships, enabling cost efficient and safe distribution, storage, transfer and utilization of ammonia as a carbon free fuel. The project aims to be the first in the World to pilot ammonia bunkering operations – taking the first step to enable a large-scale shift to carbon free fuel for ships. The “Ammonia fuel bunkering network” project will overcome significant R&D challenges, and considering the pioneering nature of the endeavour, the project is seeking necessary financial support from green governmental R&D grants.