Höegh Autoliners’ Post

Big news directly from COP29 Azerbaijan today! In a panel at the UNGC pavilion at COP29 opened by the International Maritime Organization’s Secretary General Arsenio Dominguez and Knut Arild Hareide, CEO of the Norwegian Shipowners' Association (Norges Rederiforbund) our CEO Andreas Enger, and Sara Edmonson Global Advocacy in Fortescue announced that they have committed to working together to explore the technical and commercial requirements for a green ammonia supply chain for bunkering, from Fortescue’s proposed global portfolio of projects to Höegh Autoliners’ global bunkering. Together we already have strong commitment to reducing emissions in the shipping sector as members of the First Movers Coalition for shipping. In March 2024, Fortescue made history in sustainable shipping when its Green Pioneer became the world's first vessel to use ammonia as a marine fuel at the Port of Singapore. With our Aurora Class, ammonia-ready vessels, the world’s largest and most environmentally friendly car carriers ever built, we are proud to join forces with Fortescue. Fortescue Energy CEO Mark Hutchinson says: “Shipping is a global industry with a global regulator and today the industry is at a crossroads. The ongoing IMO greenhouse gas reduction debate must result in a clear, robust regulatory framework. There are so many transition fuels that are being peddled out there, but they are just a distraction. Only green ammonia can help us reduce carbon emissions in shipping and in turn can help us address the worst impacts of climate change. We need early incentives for hydrogen derived fuels – specifically ammonia for 2030 – otherwise, we are kicking the can down the road and leaving too large a scale up for the 2040s.” CEO of Höegh Autoliners, Andreas Enger, says “Deep-sea transportation is the single most pollutive part of shipping, and accounts for 90 percent of all maritime emissions. Decarbonizing the deep-sea segment is imperative to achieve the International Maritime Organisation’s net zero by 2050 goal for a 1.5C-aligned pathway. Partnering with Fortescue is another milestone on our path to net zero. And a reiteration to our commitment to sailing for sustainability. With this partnership, we are removing carbon from one of the hardest-to-abate sectors, sending a strong demand signal for green ammonia down the value chain. Together, we are making sustainable shipping doable, accelerating the green transition within our industry, and setting a whole new standard for deep-sea shipping.” #SailingForSustainability #Ammonia #Shipping #HöeghAutoliners #Decarbonisation #AuroraClass

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