Bunker Holding and NeoGreen Hydrogen Corporation have signed a Memorandum of Understanding (MOU) to collaborate on green ammonia and synthetic fuels across NeoGreen’s global project portfolio.
With the EU’s FuelEU Maritime regulations due to enter into force in 2025, and the expectation of new IMO regulations in 2027, pressure is building on the shipping industry to prepare for a low-carbon future, with ammonia and e-methanol being two of the most likely future fuels.
Valerie Ahrens, Senior Director of New Fuels and Carbon Markets at Bunker Holding, said, “Legislation is driving the necessity for our clients to have reliable access to alternative fuels, while there remains considerable uncertainty about the sources of supply. We are very pleased to apply our extensive sector expertise to assist with the unlocking of value from NeoGreen’s global pipeline of projects by facilitating the operations and logistics necessary to bring their products to market.”
NeoGreen Hydrogen Corporation is a global renewable energy project developer, focusing on the utilisation of solar, wind and hydro power generation for the production of both green hydrogen and downstream derivative energy products, such as green ammonia and e-methanol.
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