The Afternoon Update with Lynlee Foo (1pm – 4pm)The Afternoon Update with Lynlee Foo (1pm – 4pm)

Industry Insight: Steering towards maritime decarbonisation with ammonia technology

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The shipping industry, the backbone of international trade, is very carbon intensive. It is responsible for emitting close to 1 billion tonnes of greenhouse gasses per year, equivalent to the emissions of a G7 country like Germany or Japan. In September, Amogy, a New York-headquartered company focusing on ammonia-to-power solutions, has successfully demonstrated its technology on a maritime vessel for the first time. 

Amogy retrofitted a 1957 tugboat with its ammonia-to-power fuel cell system. In what it says is a world first, Amogy's NH3 Kraken sailed on the Hudson River on carbon-free fuel for the first time. CEO and co-founder of Amogy, Seonghoon Woo, shares more about its proprietary technology, and why it is a significant step towards reducing global carbon emissions and moving the maritime industry closer to the International Maritime Organisation's target of net-zero emissions by 2050.   

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