Höegh Autoliners and Yara Clean Ammonia partner to cut maritime emissions
Yara Clean Ammonia, the world’s largest ammonia distributor, and leading global ocean transportation provider Höegh Autoliners, have agreed on a future supply deal for clean ammonia.
In May 2023, the two companies signed a Letter of Intent to partner around the supply, potential distribution, and delivery for consumption of clean ammonia for the Höegh Autoliners’ new Aurora-Class PCTC vessels. The twelve Aurora Class vessels will be the world’s largest and most environmentally friendly car carriers ever built, equipped to operate on zero-carbon ammonia and methanol.
The partnership follows separate initiatives in both companies in two important parts of the value chain, namely supply and demand.
“This is exactly the type of collaboration that will accelerate a push towards net zero shipping in the deep-sea segment of the industry. For Höegh Autoliners, this represents another step towards full decarbonization of our customers’ supply chains, and we are pleased to collaborate with a strong Norwegian global player to meet this goal,” says Andreas Enger, CEO of Höegh Autoliners.
Both companies consider clean ammonia, produced either with renewable energy or from natural gas with CCS, as a future maritime fuel with high potential that will contribute to solving the greenhouse gas emission challenges associated with global maritime transportation. As part of the Letter of Intent, the companies will also consider the supply of blue ammonia where up till 95% of the CO2-emissions are captured and permanently stored.