HANWHA AND AMOGY FORM AMMONIA PARTNERSHIP

Apr 24, 2024 | Marine fuel & lubricant news

Hanwha Ocean and Amogy have announced a partnership aimed at accelerating the decarbonisation of the maritime industry through the deployment of Amogy’s zero-emission ammonia-to-power technology for ammonia-powered vessels.

Hanwha Ocean has signed a contract to purchase Amogy’s ammonia-to-electrical power system including Hanwha Aerospace’s hydrogen fuel cell system. The three companies – Hanwha Ocean, Amogy and Hanwha Aerospace – will work together to deploy the technology, leading the way in driving industry-wide transformation. With the maritime sector facing increasing pressure to reduce carbon emissions, the partnership is said to represent a timely and significant commitment to sustainable innovation.

Seonghoon Woo, CEO Amogy said: “Our partnership with Hanwha Ocean and Hanwha Aerospace is a testament to our shared belief in the power of innovation to address some of the most pressing environmental challenges. By combining our ammonia-to-power technology with Hanwha Ocean’s industry-leading shipbuilding capabilities and Hanwha Aerospace’s fuel cell system expertise, we are setting a new standard for clean energy in the maritime sector.”

The collaboration is poised to deliver substantial environmental benefits as a scalable solution for reducing the maritime industry’s carbon footprint. The use of ammonia as a zero-carbon fuel not only promises to significantly cut GHG emissions but also serves as a beacon for other sectors striving for sustainability.

Hyoung Seog Kim, EVP Hanwha Ocean said: “Ammonia stands out as an eco-friendly energy source including strengths in storage and transportation, it is also an important energy source of Hanwha Ocean’s pioneering maritime decarbonisation solutions. Through this partnership, and with Amogy’s ammonia-to-electrical power system and Hanwha Aerospace’s hydrogen fuel cell system, we move toward a more sustainable and carbon-neutral future, taking a significant stride forward.”

Seunghak Moon, Head of E-Propulsion System Business Group, Hanwha Aerospace concluded: “As hydrogen fuel cell systems integrated with ammonia systems are essential for decarbonisation in the marine industry, we will maximise synergy through this partnership with Hanwha Ocean and Amogy. This technology can play an important role in the net zero ecosystem for maritime transportation.”

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