Amon Maritime Launches Amon Bulk To Develop Ammonia-Fuelled Bulk Carriers

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Norwegian shipping innovator Amon Maritime has launched a new venture, Amon Bulk, aimed at developing some of the world’s first large ammonia-powered bulk carriers.

Backed by a NOK253 million ($25 million) grant from Norway’s Enova, this initiative marks a significant leap toward decarbonizing deep-sea bulk shipping.

Targeting High-Impact Vessel Segments

Amon Bulk will focus on building two key vessel types — capesize and kamsarmax bulk carriers — both known for their high fuel consumption and use in fixed industrial trade routes. These factors make them ideal for early ammonia adoption, offering a blend of environmental impact and commercial viability.

André Risholm, CEO of Amon Maritime, “With Amon Bulk, we are taking a significant step toward decarbonizing bulk trades in deepsea shipping,” 

Enova’s Green Shipping Push

The grant to Amon Bulk is part of Enova’s NOK763 million ($72 million) investment initiative focused on ammonia and hydrogen-fueled ships. Enova also supports LH2 Shipping and Møre Sjø, which are working on hydrogen-powered vessels, including a pair of 4,000 DWT ships to be delivered from Turkey in 2027.

Enova’s managing director, Nils Kristian Nakstad, emphasized the need to scale such new technologies: “The technology is still new. Now we will support the industry in building experience”,

Amon Maritime’s Expanding Ammonia Portfolio

This isn’t Amon Maritime’s first foray into ammonia-fueled vessels. The company has previously led projects in gas carriers, offshore support vessels, and bunkering, and was a key player in Viridis Bulk Carriers, another ammonia-focused initiative. The creation of Amon Bulk signals a deepening commitment to zero-emission shipping solutions.

Amon Bulk represents a bold move toward the future of low-emission maritime transport. By investing in scalable ammonia-fueled bulk carrier designs and leveraging state support, Amon Maritime is not just building ships—it’s charting a path toward a cleaner, commercially viable future for the global shipping industry.

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Source: Splash 247