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Rystad Energy forecasts huge foreign investment into Egypt’s green hydrogen and ammonia plans

SCZONE’s Air Sokhna region has bunkering facilities for ammonia, which makes it very suitable for the trade of hydrogen and its derivatives, states report.

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Independent energy research and business intelligence company Rystad Energy on Tuesday (17 May) said Egypt’s green hydrogen projects are estimated to cost around USD 20 billion, without additional infrastructures. 

The projects, including the establishment of bunkering facilities, are expected to come online before 2035, according to Rystad Energy research.

Egypt’s pipeline for green hydrogen projects stands at 11.62 gigawatts (GW), equivalent to over 1.57 million tonnes of green hydrogen, ranking the country in the top three green hydrogen pipelines globally, after Australia and on par with Mauritania. 

The series of projects announced in Egypt over the past three months has captivated foreign developers, highlighted the country’s potential, and came as the country gears up to host COP27 in 2023. 

The interest shown by international developers in Egypt is due to some favourable factors including the country’s location, natural gas infrastructure, liquefaction facilities, bunkering market, and marine ports, as well as its high solar and wind potential. 

Egypt is also close to markets like the European Union and the Middle East – regions set to see a huge demand for hydrogen in the coming years.

The government of Egypt plans to release a USD 40-billion national hydrogen plan in the coming months, recognising the importance of production, storage and export/import of green hydrogen and ammonia under its economic development strategy and allowing for state support and tax incentives. 

The process of establishing, operating, and managing hydrogen projects has been simplified, requiring a single permit, which means less red tape. 

Additional incentives could include special custom points for export/import, utilities connection costs being passed on to the state, the reimbursement of 50% of land allocation costs (under the condition that the project commences production within two years) and other non-fiscal incentives.

“Egypt has all the prerequisites to become a green hydrogen giant – fantastic renewable potential, space for mega projects and construction expertise. The 40 billion in planned investments by the Egyptian government demonstrates commitment and will bring further foreign investment,”  said Dr Minh Khoi Le, Head of Hydrogen at Rystad Energy. 

“Sitting between three continents and with the Suez Canal carrying approximately 12% of all the seaborne freight in the world, Egypt can supply renewable energy near and far. The domestic market will benefit too as the Egyptian agriculture sector can look forward to being one of the greenest when it comes to fertiliser use.”

This plan would be a huge development for Egypt’s green hydrogen economy. 

The upcoming legislation will enable green hydrogen and ammonia plans, and with the over 11-GW of projects already announced, Rystad Energy expects a huge inflow of foreign investment into the country. 

Several feasibility studies and MoUs between Egyptian state entities and leading international ammonia and hydrogen market players for the development of green ammonia and green hydrogen have been reported in 2021. 

These studies and preliminary agreements are expected to proceed to projects due to the commitment from the Egyptian government that should encourage additional international investors to enter the Egyptian hydrogen and ammonia market.

Project by capacity

Almost 80% of the announced green hydrogen projects in Egypt are planned for SCZONE, a global logistics hub that aims to connect Europe, Africa and Asia through the Arabian Gulf and is responsible for 20% of the international container trade and 10% of the seaborne trade. 

The hub’s Air Sokhna region enjoys proximity to a seawater desalination plant (150,000 m3/day), sewage treatment plant (35,000 m3/day), and bunkering facilities like ammonia (80,000 tonnes), which make it very suitable for the trade of hydrogen and its derivatives.

The seven projects announced for the region in the last three months have a combined capacity of 10.76 GW, meaning an output of over 1.5 million tonnes of green hydrogen.

Manifold Times recently reported Suez Canal Economic Zone (SCZONE) has signed six memoranda of understanding (MOUs) for investments worth USD 10 billion for green hydrogen and green ammonia projects with major international companies and consortiums. 

The MOUs are to establish industrial facilities and complexes in Sokhna zone to produce green fuel and use it for ship bunkering purposes or export to foreign markets.

Related: SCZONE signs deal for USD 10 billion in investment to produce green hydrogen and ammonia
Related: Egypt govt enters project to introduce e-methanol for bunkering at Suez Canal by 2026
Related: Egypt: General Authority of SCZone signs MOU for French green fuel bunkering project
Related: Maersk explores Egypt to accelerate hydrogen and green marine fuel production

 

Photo credit: Jens Aber on Unsplash
Published: 18 May, 2022

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SMW 2025: Singapore to launch new standard for electric harbour craft this week

MPA and Enterprise Singapore will launch the Technical Reference 136 to provide guidelines for the development and operation of charging and battery swap systems for electric harbour craft, says minister.

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SMW 2025: Singapore to launch new standard for electric harbour craft this week

Minister of State for Transport Murali Pillai on Monday (24 March) said Singapore will launch a new standard for electric harbour crafts this week as part of Maritime and Port Authority of Singapore’s (MPA) efforts in facilitating decarbonisation for domestic harbour craft to achieve the republic’s national target of net-zero emissions by 2050.

“MPA and Enterprise Singapore will launch the new Technical Reference 136 this week to provide guidelines for the development and operation of charging and battery swap systems for electric harbour craft,” Murali said during his speech at the opening ceremony of the Singapore Maritime Week 2025 (SMW 2025). 

“This will enhance the safety and interoperability of electric harbour craft charging infrastructure.”

This is one of the initiatives MPA is undertaking to prepare for the bunkering of alternative marine fuels and decarbonising Singapore’s domestic maritime sector.

The minister said Singapore is taking steps to support the use of various fuels by the industry and position Singapore as a leading bunkering hub for alternative fuels.

“Over the past two years, we have supported trials of alternative fuels such as ammonia and methanol. These have contributed to the development of new technical references and IMO guidelines to enable the safe and efficient use of these marine fuels,” he said.

“MPA and Enterprise Singapore published the new Technical Reference 129 on Methanol Bunkering earlier this month, and we plan to launch a new standard for ammonia bunkering later this year.”

He added MPA has also recently allowed licensed bunker tankers to carry and deliver biofuels up to B30. 

“Pilots for up to B100 are ongoing, and we welcome bunker suppliers to engage in these pilots,” he said.

At the opening ceremony of SMW 2025, Senior Minister Lee Hsien Loong, together with Murali, also launched Singapore’s first Maritime Digital Twin, an advanced simulation model developed by MPA in partnership with the Government Technology Agency of Singapore (GovTech) that integrates real-time data to enhance decision-making and improve management of maritime operations in Singapore waters.

Murali said the digital twin will integrate data from different sources and provide a platform for information sharing. This will enable the development of tools to optimise port efficiency and reliability above, at and below the sea surface.

“For example, the digital twin will enable scenario simulations and dispersion modelling, which can inform standard operating procedures for the safe bunkering of alternative fuels such as methanol and ammonia,” he said.

The minister added MPA will roll out the digital twin to pilot users later this year, before progressive implementation for the wider industry. 

“In future, we can extend this to the global maritime ecosystem through our Green and Digital Shipping Corridors with other countries and ports,” he said. 

Related: Singapore-registered bunker tankers can transport up to B30 biofuels from 7 March
Related: Singapore releases new standard on methanol bunkering, gears up for multi-fuel future

 

Photo credit: Maritime and Port Authority of SingaporePublished: 24 March, 2025

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TFG Marine welcomes first of four ‘L’ series IMO type II bunkering tankers of Consort Bunkers

TFG Marine to operate Consort Bunkers’ bunkering tanker “Pearl Lavender”, capable of carrying methanol, biogrades up to B100, as well as conventional fuels, at Singapore port from April onwards.

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TFG Marine welcomes first of four 'L' series IMO type II bunkering tankers of Consort Bunkers

Global marine fuel supply and procurement firm TFG Marine on Friday (21 March) said it attended the delivery ceremony of bunker tanker Pearl Lavender at China Merchants Jinling shipyard in Nanjing. 

The IMO type II chemical bunkering tanker newbuilding is amongst others under long-term time charter from Singapore-based bunker supplier and logistics services provider Consort Bunkers Pte Ltd (Consort). 

"This state of the art vessel, capable of carrying methanol, biogrades up to B100, as well as conventional fuels, will be operational at the Port of Singapore from April 2025, further advancing our product offering to our client base in the APAC region," said TFG Marine. 

"As the first of four barges in this order, this investment builds on our commitment to low-carbon fuel bunkering infrastructure, reinforcing our vision for a multi-fuel future. 

"With methanol, biofuels, ammonia, and other alternative fuels playing an increasingly significant role alongside traditional marine fuels, we continue to support the industry's transition towards cleaner energy solutions."

Manifold Times previously reported that Consort first contracted six ‘L’ series 6,500 dwt IMO Type II bunker tankers with China Merchants Jinling Shipyard (Nanjing) Co., Ltd. in April 2023.

The ‘L’ series of bunker tanker newbuildings gained recognition from the China Association of The National Shipbuilding Industry (CANSI) as amongst the Chinese shipbuilding sector’s top 10 innovative vessels for 2024.

Last year, TFG Marine announced the signing of a long-term time charter agreement with Singapore-based bunker supplier and logistics services provider Consort Bunkers for four newbuild bunker tankers.

Related: TFG Marine to charter Consort Bunkers newbuild methanol bunker tankers in Singapore
Related: Consort Bunkers ‘L’ series newbuildings amongst top 10 ‘innovative achievements’ of Chinese shipbuilders
Related: Consort Bunkers ordering up to 20 x IMO Type II bunker tankers in region of USD $350 million

 

Photo credit: TFG Marine
Published: 24 March, 2025

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RINA awards Type Approval to VINSSEN for maritime fuel cell stack

Approval of VINSSEN 60kW maritime fuel cell stack will accelerate the demonstration and commercialisation of its 120kW maritime fuel cell power generation system.

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RINA awards Type Approval to VINSSEN for maritime fuel cell stack

South Korea’s maritime decarbonisation technology provider VINSSEN on Friday (21 March) said it has received Type Approval from Italian classification society RINA for its 60kW maritime fuel cell stack. 

The company said the approval will accelerate the demonstration and commercialisation of VINSSEN's 120kW maritime fuel cell power generation system.

Despite the absence of clear maritime hydrogen-related legal standards, the company has leveraged regulatory sandboxes to systematically conduct technology verification and rigorous certification procedures, demonstrating its technical expertise.

“The recent Type Approval from RINA not only strengthens international confidence in hydrogen fuel cell technology for eco-friendly ships but also marks a significant step toward full commercialisation,” it said. 

“This milestone reflects the company's commitment to promoting hydrogen fuel cells as a key solution for reducing maritime carbon emissions.”

The certification process involved performance and environmental tests based on IEC standards, all of which VINSSEN successfully passed. The vibration test confirmed the system's durability under specific frequency and acceleration conditions. 

Additionally, the dielectric strength test showed that the system could withstand high voltage without insulation failure, meeting all required standards. 

“These challenging tests were successfully completed, confirming the reliability and safety of VINSSEN's fuel cell module for maritime and shipbuilding applications,” the company said. 

Looking ahead, VINSSEN plans to accelerate the development of next-generation hydrogen fuel cell solutions, including a 150kW high-output fuel cell stack and an onboard fuel cell power generation system using reformed gas (75% hydrogen and 25% nitrogen). These innovations will increase the feasibility of applying MW-class hydrogen fuel cell systems to larger vessels.

A VINSSEN representative said: “This Type Approval is a key milestone for the commercialisation of MW-class maritime hydrogen fuel cell systems. We will continue leading the maritime market through ongoing technological innovation and the pursuit of global certifications.”

Manifold Times recently reported VINSSEN receiving an Approval in Principle (AIP) certification from the Korean Register (KR) for Korea's first tugboat featuring a hydrogen fuel cell propulsion system.

Related: KR awards AiP to VINSSEN for Korea’s first hydrogen fuel cell-powered tugboat

 

Photo credit: VINSSEN
Published: 24 March, 2025

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