EMEA News
Azane Wins Contract to Supply Ammonia Marine Fuel to Equinor
Norway’s Azane Fuel Solutions has signed a framework agreement with Equinor Energy to supply ammonia as marine fuel.
The deal covers ammonia deliveries and truck-to-ship bunkering operations for vessels using the fuel, with the first delivery due to start in the second half of this year, Azane said in an emailed update on Thursday.
Ammonia will be brought by truck to the quayside and transferred directly to the vessel.
Azane said this approach can support the early use of ammonia-fuelled ships while dedicated bunkering infrastructure is being developed.
“This agreement marks an important milestone for Azane and demonstrates growing confidence in ammonia as a marine fuel,” Steinar Kostøl, CEO of Azane Fuel Solutions, said.
“Truck-to-ship bunkering offers a practical and flexible solution for the early adoption of ammonia-fuelled vessels while the broader ammonia fuel ecosystem continues to develop.”
The framework is also intended to support future ammonia fuel deliveries and bunkering operations as demand for the fuel grows.
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 854.00 | 11.50 | 1278.50 | 11.00 |
| Rotterdam | 681.00 | 5.50 | 1400.00 | 10.00 |
| Houston | 725.50 | 15.00 | 1364.50 | 23.50 |
| Fujairah | 944.50 | 19.00 | 1675.50 | 9.00 |
| EMEA Average | 861.50 | 10.00 | 1709.50 | 11.50 |
| Global 20 Ports Average | 860.50 | 15.50 | 1522.00 | 1.50 |
| Global 4 Ports Average | 801.00 | 13.00 | 1429.50 | 4.00 |
| Global Average Bunker Price | 922.00 | 13.00 | 1596.50 | 2.50 |
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