Ammonia powered ships closing the gap with conventional fuel

A new analysis has found that the cost gap between operating ships on zero-emission ammonia and conventional fuel could be closed before 2030 and possibly as early as 2026. Ammonia is increasingly seen as an important solution for decarbonising the shipping sector, given its high scalability and potential for use on long-distance shipping routes. For the time being, however, ammonia-powered gas carriers are seen as significantly more expensive to own and operate than conventional gas carriers.