Trafigura Successfully Conducts First Ammonia Ship-to-Ship Transfer in International Waters
Key Ideas
- Trafigura completed its first ship-to-ship ammonia transfer near the port of Ceuta, transferring 6,000 metric tons of ammonia for fertilizer manufacture in Spain.
- The successful operation demonstrates the feasibility of ammonia bunkering as demand for low-carbon fuel increases in the shipping sector.
- Trafigura aims to reduce its shipping fleet's greenhouse gas intensity by 25% by 2030 and has supported a global carbon levy on marine fuels for transitioning to low-carbon alternatives.
- The company is investing in various efficiency measures and technologies to support decarbonization in the shipping industry.
Trafigura Group recently achieved a significant milestone by conducting its first ship-to-ship (STS) ammonia transfer in international waters near the port of Ceuta. The operation involved the transfer of around 6,000 metric tons of ammonia from CF Industries’ manufacturing site in Louisiana to Grupo Fertiberia in Spain for fertilizer production. The successful transfer, carried out by the Green Power Medium Gas Carrier and Gas Aegean, signifies a crucial step in promoting ammonia trade activity.
Andrea Olivi, Trafigura's Head of Wet Freight, highlighted the importance of this efficient and safe ammonia transfer, emphasizing its role in meeting the increasing demand for low-carbon fuels like hydrogen in the shipping industry. This operation showcases the potential of ammonia bunkering, which can aid in decarbonizing the maritime sector.
Additionally, Trafigura's commitment to sustainability is evident through its investment in four new MGCs capable of using low-carbon ammonia as propulsion, with the first delivery scheduled for 2027. The company aims to significantly reduce its shipping fleet's greenhouse gas intensity by 2030 and has advocated for a global carbon levy on marine fuels to accelerate the shift to low-carbon alternatives.
Furthermore, Trafigura's initiatives extend to testing various alternative fuels, investing in technologies like onboard emissions capture, and implementing efficiency measures to enhance sustainability in its operations. As a leading member of several coalitions and initiatives focused on decarbonizing the shipping industry, Trafigura continues to drive progress towards a cleaner and greener maritime sector.
Topics
Maritime
Shipping Industry
Sustainable Practices
Maritime Technology
Clean Energy Transition
Low Carbon Fuels
Vessel Chartering
Carbon Reduction Strategies
Ammonia Trade
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