Norwegian shipping company Amon Maritime has been awarded investment grants of NOK 298m from Enova to support the construction of three new ammonia-fuelled bulk carriers.
The vessels, each in the Kamsarmax segment with a capacity of around 80,000–85,000 dwt, are designed to combine high energy efficiency with carbon free fuel. The project is said to strengthen Amon Bulk’s position as a pioneer in ammonia-powered deep-sea shipping.
The new vessels will be tailored to meet the needs of European steel industries, which face increasing demands for low-carbon logistics solutions. Fully aligned with the requirements of the EU ETS and FuelEU Maritime regulations, they are designed to be future-proof, delivering strong economics under the evolving regulatory regime while ensuring compliance with ambitious climate targets.
André Risholm, CEO Amon Maritime, said: “This grant provides the foundation to move forward with three additional Kamsarmax vessels. It marks a significant milestone for Amon Bulk and for the shipping industry’s green transition.”
In total, Amon Bulk has now secured more than NOK 552m from Enova to build five ammonia-powered bulk carriers. The first two were announced earlier in 2025, with three more now added to the programme. All five ships are scheduled for delivery between 2029 and 2030, forming part of a new generation of zero-emission bulk carriers that are intended to help transform global shipping.
Amon Maritime says it is pioneering the use of ammonia as fuel across ship newbuildings, ship management, technology development and bunkering infrastructure, working with leading technology, commercial, and financial partners, to realise its vision of creating the first carbon free shipping company.
Image: Rendering of Amon Bulk’s proposed carbon-free bulker fleet (source: Amon Maritime)
