Samsung Heavy Industries is spearheading the development of ships that run on green ammonia, a fuel considered 100% cleaner than those powered by liquefied natural gas (LNG). This initiative aims to address the challenge of decarbonizing the maritime industry, which accounts for 3% of global CO2 emissions. The use of green ammonia is supported by Lloyd’s Register as a viable solution in reducing emissions and achieving net-zero targets. While ammonia is currently more expensive than LNG, technological advancements and economies of scale are expected to drive prices down. Maersk, a leading shipping company, has already committed to investing in ammonia-powered vessels, collaborating with industry partners to drive the adoption of sustainable fuels. The shift towards green ammonia is seen as a critical step towards meeting emission reduction goals by 2050, as mandated by the International Maritime Organization. Companies like Amogy are focusing on developing technology to convert ammonia into fuel for maritime use, addressing the readiness challenges in adopting this alternative fuel source. The industry is urged to accelerate the transition to ammonia-powered vessels to comply with environmental regulations and reduce carbon footprints. While ammonia is a key player in decarbonizing shipping, a mix of alternative fuels like LNG and methanol is envisioned for the future, with Samsung Heavy Industries actively exploring sustainable energy options.