Ammonia

Hexagon Energy and Oceania ink MoU on low-emissions ammonia bunkering in Pilbara region

Under the MoU, Hexagon and Oceania will work together in demonstrating feasibility of supply of low-emissions ammonia as a bunker fuel for iron ore bulk carriers via ship-to-ship transfer.

Published

2 years ago

May 14, 2024

Admin

Hexagon Energy and Oceania ink MoU on low-emissions ammonia bunkering in Pilbara region

Hexagon Energy Materials Limited (Hexagon) on Monday (13 May) announced that it has signed a Memorandum of Understanding (MoU) with Oceania Marine Energy Pty Ltd (Oceania) regarding the potential development of a low-emissions ammonia bunkering business at Dampier, in the Pilbara region of Western Australia.

While the primary market for the WAH2 Project’s low-emissions ammonia remains substitution of coal in thermal power generation in Japan and South Korea, ammonia bunkering has the potential to be a valuable, additional, domestic market.

“This would involve the supply of low-emissions ammonia as a fuel for the bulk carriers that ship iron ore exports from Australian producers to customers across Asia,” Hexagon said in an announcement on the Australian Securities Exchange.

“This collaboration has the potential to create a new Australian business that uses locally-produced low-emissions ammonia to help decarbonise Australia’s iron ore exports.”

Under the MoU, Hexagon and Oceania have committed to work together with the intention of:

Demonstrating the feasibility of the supply of low-emissions ammonia as a bunker fuel for iron ore bulk carriers via ship-to-ship transfer;
Confirming demand for ammonia bunkering and potential commercial terms;
Defining an appropriate development plan; and
Engaging with government and other stakeholders.

Hexagon and Oceania will jointly engage with stakeholders (including ship owners, fuel traders, iron ore producers, port authorities and government) to complete their market assessment, develop an appropriate business model and development plan and pursue preliminary offtake agreements for low-emissions ammonia as a bunker fuel. It is envisaged that this work will be completed in Q4 2024.

The MOU has a two-year term to allow for subsequent collaboration past the anticipated final investment decision for Hexagon’s WAH2 Project.

Hexagon’s target remains WAH2 front end engineering design (FEED) entry in mid-2024 following completion of planned technical work and finalisation of conditional commercial agreements for key aspects of the project (noting that a bunkering offtake agreement is not considered a pre-requisite for FEED entry, rather an opportunity to add incremental value during FEED). Confidential negotiations continue and Hexagon intends to have the key agreements in place to support the start of FEED in Q3 2024.

Chief Executive Officer Stephen Hall, said: “This Memorandum of Understanding with Oceania Marine Energy represents another significant step for Hexagon’s WAH2 low-emissions ammonia project.

It offers the opportunity to establish a new bunkering industry in Western Australia that could play a leading role in decarbonising Australia’s iron ore exports for the benefit of Australia and its trading partners in Asia. This opportunity offers market diversity, requires no additional capital expenditure and is complementary to Hexagon’s primary objective of exporting low-emissions ammonia from WAH2 to help decarbonise power generation in Asia.”

“I look forward to making further announcements as Hexagon continues to progress confidential negotiations with key input providers, potential off-takers and strategic partners.”

Photo credit: Hexagon Energy
Published: 14 May, 2024

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Ammonia

EXMAR’s “ANTWERPEN” completes first commercial voyage using ammonia bunker fuel

During its voyage from China to India, the vessel achieved ammonia dual-fuel operation fully in line with our expectations and design, demonstrating that the technology works in commercial service.

Published

12 hours ago

July 21, 2026

Admin

EXMAR’s “ANTWERPEN” completes first commercial voyage using ammonia bunker fuel

Belgian shipowner EXMAR on Monday (20 July) announced the successful completion of gas carrier ANTWERPEN’s first commercial voyage using ammonia as a marine fuel.

During its voyage from China to India, the vessel achieved ammonia dual-fuel operation fully in line with our expectations and design, demonstrating that the technology works in commercial service.

“Together with our partners, we continue to fine-tune the systems as we build on this outstanding achievement. We are proud of our crew for their excellent pioneering work,” the company said in a social media post.

Developed in close collaboration with HD Hyundai Heavy Industries, WinGD, Nord Gas Solutions (formerly Wärtsilä Gas Solutions), and Lloyd’s Register, ANTWERPEN is capable of carrying up to 46,000 m³ of ammonia or LPG and trading with close to zero emissions when using low-carbon ammonia fuel.

The vessel meets and exceeds current IMO emissions reduction targets, reducing greenhouse gases by up to 90% compared to conventional ships.

Manifold Times previously reported ANTWERPEN participated in a pipe-to-ship (PTS) ammonia bunkering operation in Ulsan Port.

The operation was carried out by Lotte Fine Chemical Co Ltd with 600 metric tonnes (mt) of green ammonia (NH3) supplied to ANTWERPEN.

Photo credit: EXMAR
Published: 21 July, 2026

Alternative Fuels

KR, HD Hyundai tap first ammonia dual-fuel sea trial to develop vessel operating standards

Trial generated data on the vessel’s fuel supply system and engine, which will provide a technical foundation for KR’s future development of domestic guidelines for ammonia-fuelled ships.

Published

5 days ago

July 17, 2026

Admin

KR, HD Hyundai tap first ammonia dual-fuel sea trial to develop vessel operating standards

Korean Register (KR) on Tuesday (14 July) said it is collaborating with HD Hyundai Heavy Industries (HHI) to establish a domestic operating environment for ammonia-fuelled vessels under the Ministry of Oceans and Fisheries’ Green Shipping Corridor Construction Support Project.

The initiative supports the development of ammonia as one of the most promising next-generation marine fuels.

HHI recently conducted a sea trial of Korea’s first ammonia dual-fuel propulsion vessel. The trial generated operational data on the vessel’s fuel supply system and engine, which will provide a valuable technical foundation for KR’s future development of domestic guidelines for environmentally friendly vessel operations and supporting wider maritime decarbonisation efforts.

A spokesperson for HD Hyundai, said: “Drawing on our group’s R&D capabilities and on-site technical expertise, we have made meaningful progress in advancing the application of ammonia as a marine fuel. We expect this to help enhance a sustainable maritime ecosystem while strengthening the competitiveness of Korea’s shipbuilding industry.”

Kim Daeheon, Executive Vice President of KR’s R&D Division, added: “The close collaboration between KR and HD Hyundai has enabled us to build the technical foundation for introducing ammonia-fueled vessels in Korea. We will continue to drive national projects forward together with HD Hyundai and establish technical standards befitting the era of Green Shipping Corridors.”

Photo credit: HD Hyundai Heavy Industries
Published: 17 July, 2026

Bunker Fuel

Singapore: Bunker fuel sales up by 1.6% on year in June 2026

4.67 million mt of various marine fuel grades were delivered at the world’s largest bunkering port in June, up from 4.59 million mt recorded during the similar month in 2025.

Published

7 days ago

July 15, 2026

Admin

Sales of marine fuel at Singapore port increased by 1.6% on year in June 2026, according to data from the Maritime and Port Authority of Singapore (MPA).

In total, 4.67 million metric tonnes (mt) (exact 4,669,100 mt) of various marine fuel grades were delivered at the world’s largest bunkering port in June, up from 4.59 million mt (4,594,700 mt) recorded during the similar month in 2025.

Deliveries of marine fuel oil, low sulphur fuel oil, ultra low sulphur fuel oil, marine gas oil and marine diesel oil in June (against on year) recorded respectively 2.03 million mt (+19.4% from 1.70 million mt), 2.20 million mt (-4.8% from 2.31 million mt), zero (-100% from 1,900 mt), 1,900 mt (-57.8% from 4,500 mt) and zero (from zero).

Bunker Jun

Bio-blended variants of marine fuel oil, low sulphur fuel oil, ultra low sulphur fuel oil, marine gas oil and marine diesel oil in June, (against on year) recorded respectively 5,300 mt (-86.3% from 38,800 mt), 30,700 mt (-73.1% from 114,300 mt), zero (from zero), zero (from zero) and zero (from zero). B100 biofuel bunkers, introduced in February last year, recorded 1,500 mt (+50% from 1,000 mt).

LNG and methanol sales were 55,000 mt (-0.72% from 55,400 mt) and zero (from zero) respectively. There were no recorded sales of ammonia for the month and so far since 2025.

Photo credit: Maritime and Port Authority of Singapore
Published: 15 July, 2026