{"id":136409,"date":"2024-03-08T15:49:16","date_gmt":"2024-03-08T19:49:16","guid":{"rendered":"https:\/\/inspenet.com\/noticias\/company-ammonia-powered-vessels\/"},"modified":"2025-02-17T10:10:21","modified_gmt":"2025-02-17T14:10:21","slug":"company-ammonia-powered-vessels","status":"publish","type":"noticias","link":"https:\/\/inspenet.com\/en\/news\/company-ammonia-powered-vessels\/","title":{"rendered":"Financing Secured for Ammonia-Powered Ships"},"content":{"rendered":"\n<p>H\u00f6egh Autoliners ASA has received nearly $14 million in financing from Enova for <strong>ammonia-powered vessels<\/strong>.<\/p>\n\n<p>The company has a total of <strong>12 Aurora Class vessels<\/strong> under construction, designed to transport roll-on\/roll-off cargo such as automobiles, agricultural machinery and mining equipment, as well as general cargo requiring transportation.<\/p>\n\n<h2 class=\"wp-block-heading\">About the new ammonia-powered ships<\/h2>\n\n<p>These 12 vessels are reportedly equipped with engines running on liquefied natural gas (LNG) and low-sulfur oil and have DNV ammonia-ready certification. To enable the use of <strong>\n  <a href=\"https:\/\/inspenet.com\/en\/articulo\/implementation-and-regulation-of-ammonia\/\" data-type=\"articulo\" data-id=\"94153\">ammonia as fuel<\/a>\n<\/strong>To enable the use of ammonia as fuel, it is necessary to install an ammonia engine and an additional tank to ensure sufficient range.<\/p>\n\n<p>H\u00f6egh Autoliners has therefore applied for Enova financing for two of its 12 confirmed vessels, with the aim of mitigating the additional cost involved in this solution compared to a vessel that would only be ammonia-ready.<\/p>\n\n<p>The company intends to use mostly carbon-neutral ammonia as fuel from the start of ship service. It is anticipated that it could take some time before ammonia availability and price reach satisfactory levels, with a gradual increase expected from 2027 onwards.<\/p>\n\n<p>To each of the two planned ammonia ships from <strong>\n  <a href=\"https:\/\/www.hoeghautoliners.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">H\u00f6egh Autoliners<\/a>\n<\/strong> has been awarded nearly $7 million, totaling nearly $14 million.<\/p>\n\n<p>Andreas Enger, CEO of H\u00f6egh Autoliners, stressed the importance of shipping companies sending a clear signal to the rest of the value chain about the near-term viability of the technology and the future demand for carbon-neutral fuel. He highlighted that almost all of H\u00f6egh Autoliners&#8217; vessels sail under the Norwegian flag and have significant Norwegian input from the national cluster.<\/p>\n\n<p>The investment in ammonia-powered vessels reflects a significant commitment to sustainability and innovation in the maritime sector. This initiative demonstrates H\u00f6egh Autoliners&#8217; leadership in the adoption of clean fuels and sets a precedent for energy transition in the shipping industry, leading the way to a greener and more sustainable future.<\/p>\n\n<p><strong>Don&#8217;t miss any of our posts and follow us on social media!<\/strong><\/p>\n\n<p><a href=\"https:\/\/inspenet.com\/en\/\" target=\"_blank\" rel=\"noreferrer noopener\">Inspenet.com<\/a> <a href=\"https:\/\/www.youtube.com\/@inspenet\" target=\"_blank\" rel=\"noreferrer noopener\">YouTube<\/a> <a href=\"https:\/\/www.linkedin.com\/company\/inspenetnetwork\" target=\"_blank\" rel=\"noreferrer noopener\">LinkedIn<\/a> <a href=\"https:\/\/www.facebook.com\/inspenetnetwork\" target=\"_blank\" rel=\"noreferrer noopener\">Facebook<\/a> <a href=\"https:\/\/www.instagram.com\/inspenet\/\" target=\"_blank\" rel=\"noreferrer noopener\">Instagram<\/a><\/p>\n\n<p><strong>Source and photo: safety4sea.com<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>H\u00f6egh Autoliners invests in ammonia-powered vessels, accelerating the transition to cleaner maritime fuels<\/p>\n","protected":false},"author":8403,"featured_media":136366,"menu_order":0,"comment_status":"open","ping_status":"open","template":"","meta":{"_acf_changed":false,"_bbp_topic_count":0,"_bbp_reply_count":0,"_bbp_total_topic_count":0,"_bbp_total_reply_count":0,"_bbp_voice_count":0,"_bbp_anonymous_reply_count":0,"_bbp_topic_count_hidden":0,"_bbp_reply_count_hidden":0,"_bbp_forum_subforum_count":0,"footnotes":""},"categoria_noticias":[13026,13048],"etiqueta_noticias":[],"class_list":["post-136409","noticias","type-noticias","status-publish","has-post-thumbnail","hentry","categoria_noticias-energy","categoria_noticias-maritime"],"acf":[],"_links":{"self":[{"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/noticias\/136409","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/noticias"}],"about":[{"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/types\/noticias"}],"author":[{"embeddable":true,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/users\/8403"}],"replies":[{"embeddable":true,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/comments?post=136409"}],"version-history":[{"count":0,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/noticias\/136409\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/media\/136366"}],"wp:attachment":[{"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/media?parent=136409"}],"wp:term":[{"taxonomy":"categoria_noticias","embeddable":true,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/categoria_noticias?post=136409"},{"taxonomy":"etiqueta_noticias","embeddable":true,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/etiqueta_noticias?post=136409"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}