During Arendalsuka, Iverson eFuels signed a partnership agreement with Stavangerregionen Havn (Port of Stavanger), ASCO Norge, and St1 to make green ammonia available in the Stavanger region. This partnership will help reduce emissions in the shipping industry.
"Green ammonia has the potential to make large portions of the shipping fleet emission-free. To drive the energy transition, ammonia must be as accessible as fossil fuels are today. This is what we aim to achieve," says Eivind Hornnes, Business Developer at Stavangerregionen Havn.
The partnership emphasises the necessity of collaboration across the entire value chain to succeed in the energy transition of the maritime industry. Stavangerregionen Havn, ASCO, St1, and Iverson eFuels are joining forces to position Stavangerregionen Havn as a bunkering port for locally produced green ammonia.
The strategic collaboration aims to leverage the collective expertise and resources of all partners to establish a robust and efficient value chain for the production, storage, distribution, and use of green ammonia in the maritime industry.
"There are nearly 2,000 port calls at Risavika each year, and these could become emission-free with green ammonia from Sauda," says Hege Økland, Managing Director of Iverson eFuels. Iverson eFuels plans to produce 200,000 tons of green ammonia, equivalent to over 102 million litres of diesel, replacing a significant portion of the fossil fuels currently sold in the region. "We are excited to collaborate with forward-thinking companies that can help bring our ammonia to market," Økland adds.
"Using ammonia as fuel will require new infrastructure, such as storage tanks and bunkering facilities at the port. ASCO is ready to establish such facilities, ensuring that this is done in a safe and sustainable manner. In this partnership, we will conduct risk assessments and ensure that the facility meets national safety standards and regulations," says Runar Hatletvedt, Managing Director of ASCO Norge.
The partners will work together to establish standards and ensure an efficient, safe, and customer-friendly infrastructure for bunkering.
"St1 is in close dialogue with operators and end customers. Together with our partners, we will promote knowledge about ammonia as a fuel and ensure that we can supply it once shipowners have installed ammonia engines on their vessels," says Simen Hauland, Project Manager P2X/Renewables at St1.
The partnership underscores the importance of collaboration to address the urgent need for sustainable energy solutions in maritime shipping. By combining the strengths of each partner, they aim to create a scalable model that sets a standard for green ammonia infrastructure. "By working together, we can accelerate the pace of the energy transition and encourage operators and shipowners to invest in ammonia-powered vessels," adds Hauland.
"This partnership marks a significant step towards a sustainable future for shipping and strengthens Stavanger as an energy region," says Eivind Hornnes of Stavangerregionen Havn. He emphasises that the port will act as a facilitator for collaboration and will help connect partners with similar initiatives.