Grannus Announces Plans for Pacific Rim Maritime Ammonia Fuel Supply
Grannus LLC announced today that they are in partnership discussions with a Pacific Rim based trading company for the sourcing of blue ammonia to meet its future needs as it converts its fleet of ocean vessels from burning heavy fuel oil to ammonia to decrease their carbon footprint.
Maritime vessels account for nearly 3% of global CO2 emissions and because of industry pressures, there’s a push to decarbonize fleets: ammonia as a fuel, which when burned, produces nitrogen and water is a favored option. First retrofitted vessels capable of burning ammonia will be in operation by 2024 and it’s anticipated that 30% of ships by 2050 will be ammonia powered. Adoption of ammonia as fuel for marine transport is expected to double the size of the global ammonia fertilizer market by 2050.
About Grannus: Grannus was formed in 2012 to develop and bring to market next generation hydrogen and ammonia production process technology. Grannus’ patented process replaces the traditional steam methane reformer with a more efficient partial oxidation boiler. This novel process creates synthesis gas at the lowest emissions level in the industry at efficiency levels exceeding existing best-of-class plant designs. For more information, visit www.grannusllc.com.