Höegh Autoliners has joined forces with Australian mining group Fortescue to call on global shipping regulators to fast-track the adoption of green ammonia as the only marine fuel that can hasten the decarbonisation of the industry.
The two companies collaborated at a decarbonisation of shipping event at COP29 in Baku, Azerbaijan, to advocate for the global shipping industry to end reliance on traditional bunker fuels. Fortescue and Höegh Autoliners said they are committed to working together to explore the technical and commercial requirements for a green ammonia supply chain for bunkering, from Fortescue’s proposed portfolio of projects to Höegh Autoliners’ global bunkering.
They have long shared a commitment to reducing emissions in the shipping sector as members of the First Movers Coalition for Shipping. Both companies will also sign a Call to Action for an Equitable Energy Transition in Shipping, to be launched at COP29.
“There are so many transition fuels that are being peddled out there, but they are just a distraction. Only green ammonia can help us reduce carbon emissions in shipping and in turn can help us address the worst impacts of climate change,” said Fortescue Energy ceo Mark Hutchinson.
Höegh Autoliners ceo Andreas Enger added: “Partnering with Fortescue is another milestone on our path to net zero. And a reiteration to our commitment to sailing for sustainability. With this partnership, we are removing carbon from one of the hardest-to-abate sectors, sending a strong demand signal for green ammonia down the value chain.”
Hoegh Autoliners has embarked on a fleet renewal programme comprising 12 ammonia-ready Aurora-class vessels.
