Trafigura Group, an independent commodity trading company, is co-sponsoring the development of MAN Energy Solutions ammonia-fuelled engine for maritime vessels.
The fuel-flexible, two-stroke ammonia engine is expected to be commercially available for large-scale ocean-going ships by 2024, followed by a retrofit package to make existing maritime vessels capable of running on ammonia by 2025.
“Shipping faces a significant challenge in reducing its emissions, while at the same time the threat of climate change requires urgent action to decarbonise. Developing engines and the supporting infrastructure to provide the industry with the ability to adopt carbon-neutral and carbon-free fuels is key to establishing a greener shipping industry in the near future,” said Jose Maria Larocca, executive director and co-head of oil trading for Trafigura. “By co-sponsoring the MAN Energy Solutions two-stroke ammonia-fuelled engine we are committing ourselves to cross-industry collaboration to bring forward the urgently needed technologies for the maritime energy transition.”
Dr Uwe Lauber, CEO of MAN Energy Solutions, said: “The final goal for two-stroke engines is to run them entirely on carbon-neutral and carbon-free fuels and we welcome Trafigura’s support for this key decarbonisation technology. The interest from shipping companies – and indeed from all links in the entire marine supply chain – in new fuel-technologies currently has great momentum, however the move to green engines also depends on economic realities. No shipping company can risk having its fleet stranded during this transition, which is why we offer flexible solutions that will allow shipping to adapt to the availability of carbon neutral fuels in the market.”