Provider of crop inputs and services Nutrien and provider of floating solutions for the operation, transportation and transformation of gas EXMAR on Thursday (29 July) signed a collaboration agreement to jointly develop and build a low-carbon, ammonia-fueled vessel.
Their new collaboration aims to significantly reduce Nutrien’s maritime transportation emissions and enable the commercial development of an ammonia-fueled vessel.
Together, they will chart a clear path for wide adoption of low-carbon ammonia as a clean fuel for the maritime industry, they state in a joint press release.
Nutrien has actively been pursuing the development of low-carbon ammonia for more than a decade, and has approximately 1 million tonne of production capability through its Redwater and Joffre Alberta operations, as well as its Geismar, Louisiana facility which employs carbon capture and sequestration technology to reduce the carbon intensity of its ammonia for use as a maritime fuel.
“Nutrien is excited to partner with EXMAR on our shared journey to drive transformative reductions in maritime emissions,” says Raef Sully, Nutrien’s Executive Vice President and CEO of Nitrogen and Phosphate. “This initiative demonstrates how we are taking action to achieve our Feeding the Future Plan’s 2030 sustainability commitments, which include investing in low-carbon ammonia innovations.”
Ambitious Goal Setting
When compared to conventional bunker fuels, it is anticipated that the use of Nutrien’s existing low-carbon ammonia will achieve a reduction of greenhouse gas emissions of up to 40%. Emissions reductions of up to 70% can be achieved with the development of low-carbon ammonia using proven, scalable, best available technology and permanent sequestration of CO2.
Nutrien and EXMAR are confident that development of a vessel powered by low-carbon ammonia can align with IMO’s 2050 goals, and expect deep decarbonisation of the maritime industry to be achievable prior to 2030.
“EXMAR has always strived to contribute to innovations and increase efficiencies in gas logistics and transportation. The development of an ammonia-fueled vessel together with our long-standing partner Nutrien is an exciting and logical next step for us,” says Jens Ismar, Executive Director Shipping.
Under the Collaboration Agreement, Nutrien and EXMAR will, amongst others, collaborate on the following:
Photo credit: Nutrien
Published: 30 July, 2021
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