Ammonia power technology provider Amogy has signed a Memorandum of Understanding (MOU) with Yara Clean Ammonia (YCA), a decarbonization-focused subsidiary of Yara International ASA. Under the MOU, YCA will consider Amogy’s ammonia-to-power system as a zero-emissions solution for use within future shipping projects. The companies will also pursue opportunities with external partners, including shipowners, for Amogy to deliver its proprietary technology and YCA to deliver clean ammonia.
YCA operates the largest global ammonia network with 12 ships, and has access to 18 ammonia terminals and multiple ammonia production and consumption sites across the world through Yara. YCA is currently building an ammonia bunkering network in Scandinavia, with the first bunker barge to be operational in 2024.
Amogy recently announced plans for an ammonia tank barge in 2023, in partnership with Southern Devall (GM Nov. 4, p. 37), and launched operations in Norway (GM Oct. 7, p. 31).
“This collaboration with Yara Clean Ammonia is a natural next step for Amogy following the establishment of our Norway operations earlier this year,” said Seonghoon Woo, Co-Founder and CEO of Amogy. “YCA operates a vast global ammonia network and understands the value of the compound as a next-generation fuel to decarbonize hard-to-abate sectors, like shipping. This agreement provides a fantastic opportunity for Amogy to work alongside innovators in this space to support further demonstrations of our technology in maritime vessels.”