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Home›Marine financing›Trafigura joins the MAN Ammonia Engine challenge

Trafigura joins the MAN Ammonia Engine challenge

By Andre Cruz
April 15, 2021
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The partnership will search to make ammonia ship renovations accessible by 2025. Picture credit score: Trafigura

World commodity dealer Trafigura is able to assist the engineering agency MAN vitality options with the event of an ammonia-powered engine for ships.

Trafigura will co-sponsor MAN’s efforts to develop a brand new versatile gasoline two-stroke engine able to operating on ammonia in 2024, he mentioned Monday in an emailed assertion.

The challenge will proceed to make renovations accessible to run on ammonia in 2025.

“The tip objective of two-stroke engines is to make them run totally on impartial and carbon-free fuels and we welcome Trafigura’s help for this key decarbonisation expertise”, Uwe lauber, CEO of MAN, mentioned within the assertion.

“The curiosity of delivery firms – and certainly all hyperlinks within the maritime provide chain – in new gasoline applied sciences is at the moment very dynamic, however the shift to inexperienced engines additionally relies on financial realities.

“No delivery firm can threat having its fleet stranded throughout this transition, which is why we provide versatile options that may enable delivery to adapt to the provision of carbon impartial fuels out there.”

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