Amon Maritime launches new venture amon gas with a NOK 180 million investment grant from Enova to build ammonia-powered MGCs
The grant was awarded at a ceremony hosted by the Norwegian minister of climate and the environment together with ENOVA at DNV HQ at Høvik.
Image: André Risholm, Steinar Kostøl, Nils Kristian Nakstad (Managing Director ENOVA).
— This is a significant milestone towards realizing carbon free transportation systems within the gas carrier segment. Amon Gas will provide the market with low-emission vessels while simultaneously meeting customer demands with innovative solutions, says André Risholm, CEO Amon Maritime
Amon Gas is targeting a shipbuilding series starting with 2 firm orders of ammonia-powered MGCs with a goal of being in operation by 2028.
The vessels are designed to use ammonia as fuel, for both propulsion and power consumption,also when transporting LPG as cargo and incorporates the best energy-saving measures.
MGC is a large vessel type with high fuel consumption. This means that the climate impact per ship by switching to ammonia as fuel will be significant. Carbon emission calculations give an estimated 87% reduction compared to conventional vessels from the start of operations, with ambitions for further reductions towards 100%.
Amon Maritime CTO, Steinar Kostøl, explains:
— If ammonia is the fuel of the future, it will lead to a high growth in sea transport of ammonia. Ammonia is primarily transported on MGCs today.
— If the ship transports ammonia, the "chicken-and-egg" dilemma of making bunkering available is avoided — the substance is already on board as cargo.
Because the ship is already designed for transporting ammonia, the relative additional cost in this segment compared to conventional ships will be less than in most other segments.
Image: Amon Gas MGC illustration
For further info:
General inquiries/Media
Andrè Risholm
Phone: +47 920 26 668
Email: ar@amonmaritime.com
Shipyards/equipment makers
Steinar Kostøl
Phone: +47 970 05 327
Email: sk@amonmaritime.com
Karoline J Vågsholm
Communication Manager
+47 920 55 369
karoline.vagsholm@oceanhywaycluster.no
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