Höegh Autoliners and Fortescue Join Forces at COP29

357

  • Höegh Autoliners and Fortescue Push for Green Ammonia to Decarbonize Shipping.
  • Höegh Autoliners and Fortescue Advocate Green Ammonia as Primary Marine Fuel.
  • Aurora Class: Höegh Autoliners’ New Fleet Ready for Green Ammonia Transition.

Höegh Autoliners, the Norwegian shipping company that co-hosted the initiative with Australian green technology and energy group Fortescue, launched an effort to entice global regulators into increasing use of green ammonia as the major marine fuel to drive further shipping decarbonisation at COP29, reports Höegh Autoliners.

Joint Advocacy for Green Shipping

Höegh Autoliners and Fortescue address the shipping industry to leave environmentally harmful bunker fuels as part of their speaking engagement at the decarbonization of shipping event, which took place during COP29 in Baku, Azerbaijan. The two companies agreed to venture into the technical and commercial requirements that would establish a green ammonia bunkering supply chain. For one, Fortescue Planned its global projects to form a base that would support Höegh 

Autoliners’ Bunkering Operations Globally.

Höegh Autoliners and Fortescue are part of the First Movers Coalition for Shipping. They have demonstrated long-term commitments towards reduction in emissions for shipping. It is planning to become one of the members of a Call to Action for an Equitable Energy Transition in Shipping, which will be launched at COP29.

Green Ammonia Pioneer

As of March 2024, Fortescue’s Green Pioneer was the first vessel to employ ammonia as an additive in a component of marine fuel at the Port of Singapore – a very significant step toward sustainable shipping.

Sustainable PCTC Fleet

Höegh Autoliners boasts probably the most sustainable pure car and truck carrier fleet globally. The company has just announced an all-around green fleet renewal program through the ordering of 12 new multi-fuel-ready vessels in the Aurora Class for future cargo transport. These are designed at DNV’s ammonia-ready notation, and the final four in the series will be fitted with dual-fuel ammonia propulsion systems.

The Aurora Class can carry up to 9,100 cars and is designed with robust decks and fully internalised ramps so that it can carry Electric Vehicles on all 14 decks. There are already two such vessels in service, cutting up to 58% of carbon emissions per car compared to the current industry average.

A Pivotal Moment for International Shipping

At a crucial moment in international shipping’s future, Fortescue’s Partnership with Höegh Autoliners will be pertinent in the context of what is expected of the International Maritime Organization (IMO) critical decisions on emissions reduction considerations-2023 IMO Strategy on the Reduction of GHG Emissions from Ships.

“Shipping is a global industry with a global regulator and today the industry is at a crossroads,” said Fortescue Energy CEO Mark Hutchinson.“The ongoing IMO greenhouse gas reduction debate must result in a clear, robust regulatory framework.”

Green Ammonia as the Fuel of the Future

“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.”

“We need early incentives for hydrogen-derived fuels, specifically ammonia for 2030 –otherwise, we are kicking the can down the road and leaving too large a scale-up for the 2040s.”

Making the impossible possible

CEO of Höegh Autoliners, Andreas Enger, said: “Deep-sea transportation is the single most pollutive part of shipping, and accounts for 90 percent of all maritime emissions. Decarbonizing the deep-sea segment is imperative to achieve the International Maritime Organisation’s net zero by 2050 goal for a 1.5 aligned pathway. 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. Together, we are making sustainable shipping doable, accelerating the green transition within our industry, and setting a whole new standard for deep-sea shipping.”

COO of Höegh Autoliners, Sebjørn Dahl, said: “With our green fleet renewal program of 12 ammonia-ready Aurora Class vessels, the largest and most environmentally friendly car carriers ever built, and our commitment to ammonia as our fuel of choice, we are changing the game making significant strides toward our 2040 net-zero emissions goal. With Fortescue, we are making the impossible possible, actively changing the perception of deep-sea shipping and ensuring that we are ready to sail on green ammonia around the world from 2027.”

Did you subscribe to our daily Newsletter?

It’s Free Click here to Subscribe!

Source: Höegh Autoliners