Yara Clean Ammonia and Azane granted safety permit to build world's
first low emission ammonia bunkering terminal
Oslo, 25 March 2024: The Norwegian
Directorate for Civil Protection gave their approval to the
construction of the planned ammonia bunkering facility at Fjord
Base in Florø, Norway. The permit marks a significant milestone for
enabling ammonia as a safe and low emission alternative to
traditional shipping fuels.
Ammonia is widely recognized as a low-emissions shipping fuel.
Even though interest in ammonia as a decarbonized shipping fuel is
high, the final leg of the journey, from the production plant to
the vessel, has been missing. Now Yara Clean Ammonia, Azane and
Fjord Base have demonstrated how the planned ammonia bunkering
terminal can meet the strict safety requirement of the Norwegian
Directorate for Civil Protection (DSB).
The planned terminal consists of a floating stationary barge
with a capacity of 1000 cubic meters, or 650 tons, of low-emission
ammonia. The permit allows for up to 416 operations annually, many
of these expected to be bunkering operations for offshore supply
vessels that regularly call at Fjord Base in Florø.
The planned terminal is part of Yara Clean Ammonia and Azane’s
efforts to make low-emission ammonia a common fuel for shipping.
With ammonia’s potential to fully decarbonize the maritime sector,
the companies plan to roll out a network of terminals in
Scandinavia. This milestone is important to meet the growing demand
for ammonia as shipping fuel, as well as incentives needed to
enable ship operators and owners to switch from high-emitting, but
cheaper fuels, to the low-emission alternative of ammonia. Demand
seems to gain momentum in Norway as ENOVA, which manages the
Norwegian Climate and Energy fund on behalf of the government, is
planning ammonia grant tenders for both ammonia powered ships and
ammonia infrastructure in 2024. There are multiple newbuilding
projects in the pipeline, and ongoing ammonia-powered Platform
Supply Vessels (PSV) tender processes.
Yara Clean Ammonia, Azane and Fjord Base will now commence work
with their project partners to obtain a permit with the local
municipality before a final investment decision.
Magnus Ankarstrand, President Yara Clean Ammonia,
stated:“We are grateful for the permit awarded from the
Norwegian Directorate for Civil Protection. This acknowledges how
ammonia can be used safely and efficiently as a shipping fuel at
the site in Kinn. The ammonia terminal will enable the
decarbonization of the maritime sector and showcase ammonia’s
assets as a zero-emission shipping fuel. We look forward to working
together with our partners and the local community in Kinn to
complete the project and provide the shipping fuel for the future
to the Norwegian offshore supply segment.”
Steinar Kostøl, VP Projects& Products, Azane,
commented:“This marks a milestone for ammonia as a fuel.
Now we finally know with certainty the safety zones we will have to
operate under when bunkering ammonia. The required safety zones are
very encouraging and demonstrate how it will be possible to bunker
ammonia in the biggest and busiest ports around the world.”
Stig Førde, CEO, Fjord Base, stated:“The Fjord
Base community welcomes with great enthusiasm the declaration of
conformity issued by DSB. It underscores our commitment to
providing our customers with innovative solutions aimed at
minimizing their carbon footprint. The development of an ammonia
bunkering terminal marks a significant step forward in this
endeavor, bolstering our competitive edge at Fjord Base and
showcasing our dedication to sustainability.”
Contacts:
Hilde SteinfeldCommunication Director, Yara Clean
AmmoniaE-mail: hilde.steinfeld@yara.comMobile: +47 99 35 30
30
Håkon SkjerstadCEO, Azane Fuel SolutionsMobile: +47 95 24 50
20E-mail: hakon.skjerstad@azanefs.com
Steinar KostølVP Projects&Products, Azane Fuel
SolutionsMobile: +47 97 00 53 27E-mail: sk@azanefs.com
Stig FørdeCEO, Fjord Base
ASE-mail: stig.forde@fjordbase.noMobile: +47 90 91 01 76
Bjørn Erik KringstadVP Sales, Market and Communication
E-mail: bjorn.kringstad@fjordbase.noMobile: +47 94 05 56
30
About Yara Clean AmmoniaYara grows knowledge to
responsibly feed the world and protect the planet. Yara Clean
Ammonia is uniquely positioned to enable the hydrogen economy in a
market expected to grow substantially over the next decades. We aim
at significantly strengthening our leading global position as the
world’s largest ammonia distributor, unlocking the green and blue
value chains, and driving the development of clean ammonia
globally.
Building on Yara’s leading experience within global ammonia
production, logistics and trade, Yara Clean Ammonia works towards
capturing growth opportunities in low-emission fuel for shipping,
power generation, carbon-free food production and ammonia for
industrial applications.
Yara Clean Ammonia operates the largest global ammonia network
with 15 ships and has, through Yara, access to 18 ammonia terminals
and multiple ammonia production and consumption sites across the
world. Revenues and EBITDA for the FY 2023 were USD 1,9 billion and
USD 101 million respectively. Yara Clean Ammonia is headquartered
in Oslo, Norway. www.yaracleanammonia.com
About AzaneAzane Fuel Solutions is developing
the world's first ammonia bunkering terminals. Our company has
developed groundbreaking technology designed to deliver fast, safe,
and reliable bunkering of ammonia to ships. Our commitment extends
beyond bunkering solutions, as we actively contribute to the
decarbonization of the shipping industry by innovating technologies
for ammonia bunkering terminals, ammonia cargo handling systems,
and ammonia fuel handling systems.Headquartered in Oslo and
Sandefjord, Norway, we are backed by solid owners with leading
positions in the maritime sector and ammonia industry: Amon
Maritime, ECOnnect Energy, Navigator Gas and Yara Growth
Ventures.
In collaboration with Yara Clean Ammonia, Azane is preparing, in
Scandinavia, the world's first ammonia bunkering network, planned
to commence construction in 2024, with the first bunkering
operations anticipated to be operational by 2025. This initiative
serves as a landmark demonstration of ammonia's potential as a
carbon-free, secure, and reliable fuel source for the shipping
industry.For further details, please visit our official website:
www.azanefs.com
About Fjord Base GroupFjord Base is a leading
Norwegian supply base, servicing major offshore energy and
renewable companies along the Norwegian Continental Shelf.
It is Norway’s largest supply base by area and is located in
Florø on Norway’s western coast, handling 2,000 ships per year and
430.000 tons over quay per annum. The business has an established
track record over decades of providing critical infrastructure and
logistics services to major multi-national energy companies with
on- and off-shore operations, such as Equinor and Neptune Energy,
on long-term contracts. It is an essential transport base in the
Norwegian energy sector.
Our strategic business fields are within oil and gas, offshore
wind and fossil free fuel.We have a long tradition of servicing oil
and gas fields and are close to the upcoming rounds of developing
offshore wind. We think that offering sustainable hydrogen-based
fuels to the maritime sector is essential to reduce carbon
footprint and strengthen our position as the leading supply base in
Norway.
Fjord Base Group has strong shareholder backing. Our majority
owner Ancala, a leading European infrastructure investor, has
significant experience in renewable energy and substantial capital
available for further investments at Fjord Base. For more
information visit our website www.fjordbase.no
- YCA and Azane Bunkering Barge
- YCA, Azane and Fjord Base Bunkering Barge
Grafico Azioni Yara International ASA (TG:IU2)
Storico
Da Feb 2025 a Mar 2025
Grafico Azioni Yara International ASA (TG:IU2)
Storico
Da Mar 2024 a Mar 2025
