Save for later Print Download Share LinkedIn Twitter Trafigura Group has joined the effort to study ammonia as an alternative marine fuel -- an effort that could lead to a challenge to LNG-fueled shipping (LNGI Mar.10'21). Trafigura has already been an active participant in the LNG trade (LNGI Dec.10'20). "The early adoption of zero emission alternative fuels such as green ammonia is an important prerequisite to decarbonizing the global shipping industry -- a hard-to-abate industry that is vital to global trade, but contributes around [3%] of global greenhouse gas emissions," the company said. The company joins 22 other companies in a cross-industry study. The group, led by Itochu, includes companies representing the bunkering, chemical, energy, power and utilities, mining, manufacturing, shipping and shipbuilding and terminal industries, as well as classification societies. Companies signing the Joint Study framework include, among many others: Equinor, Itochu, Jera, Pavilion Energy, TotalEnergies, Uniper and Vopak Terminal Singapore (LNGI Apr.14'21; LNGI May24'21). “We are committed to the cross-industry collaboration that is urgently needed to bring forward the low- and zero-carbon fuels and technologies that will enable the maritime energy to decarbonize,” said Jose Maria Larocca, executive director and co-head of oil trading for Trafigura. "The purpose of the Joint Study is not limited to identifying common issues around the adoption of green ammonia as an alternative marine fuel, but also the key elements closely linked to this including the development of ammonia-fueled ships and the development of the worldwide supply chain of ammonia by Itochu and the other cross-industry participants," Trafigura said.
