Enova, a Norwegian government enterprise focusing on green energy initiatives, has announced its significant funding allocation of NOK1.2bn ($112.3m) aimed at promoting the use of ammonia and hydrogen in the shipping sector. The funding has been distributed among six shipping companies, including Höegh Autoliners and Maris Fiducia, to develop vessels powered by ammonia and hydrogen, respectively. This funding round supports a total of nine hydrogen vessels and six ammonia vessels, marking a crucial step towards achieving climate goals in the maritime industry. One of the highlighted projects involves Höegh Autoliners, a Norwegian car carrier, securing funds to convert four of its vessels to run on ammonia. Additionally, Maris Fiducia, a Dutch shipowner's Norwegian arm, has received funding to build and operate hydrogen-powered bulk carriers. These initiatives, along with others, are seen as pioneering projects that position Norway at the forefront of sustainability efforts in the maritime sector. Enova's CEO, Nils Nakstad, expressed optimism about the acceleration of the industry's transition towards cleaner fuels, emphasizing the importance of making hydrogen and ammonia cost-competitive with traditional fossil fuels. The funding not only supports the development of eco-friendly vessels but also aims to establish a demand for these alternative fuels, paving the way for a significant restructuring in the maritime industry. Enova has urged stakeholders to engage with upcoming project calls and explore collaboration opportunities, underscoring the critical role of innovation and sustainability in shaping the future of shipping.