Trafigura and Yara join forces to develop ammonia-powered fuel

Commodity trader Trafigura and Norwegian Yara International have entered an agreement to develop ammonia-powered fuel for shipping. The two parties are also exploring infrastructure to supply (green and blue) ammonia to the industry.

Photo: Trafigura

As ammonia looks to be a key future fuel for CO2 free shipping, commodity trader Trafigura and Norwegian manufacturer Yara International are now joining forces in a project to develop ammonia-powered fuel for shipping.

The two parties inform that they have entered a Memorandum of Understanding (MoU) to explore possible market opportunities for building a joint business in the field of "clean ammonia".

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