CMB.TECH has partnered with Yara Clean Ammonia, North Sea Container Line and Yara International in a 15-year agreement to order the world’s first ammonia-fueled container ship.
The name of that ship is Yara Eideis a 1,400 teu ice-class container ship built at Qingdao Yangfan Shipyard. The ship is scheduled to be delivered by mid-2026 and will be the world’s first ammonia-fueled container ship. It will run on clean ammonia fuel and will operate on routes between Norway and Germany.
The vessel will be owned by Delphis, the container division of CMB.TECH, and operated by NCL Oslofjord, a joint venture between North Sea Container Line and Yara Clean Ammonia. Commercial operations will be managed by NCL’s existing facilities, with Yarra Clean Ammonia supplying ammonia fuel to the vessel.
The joint venture has signed a long-term freight contract with Yara International for the transportation of containers between Yara’s fertilizer plant in Porsgrund, Norway, and Hamburg and Bremerhaven, Germany. NCL Oslofjord aims to become the world’s first line operator to specialize exclusively in ammonia-fueled vessels.
“Yara, NCL and CMB.TECH are in talks to decarbonize shipping, combining our expertise in clean ammonia, North Sea operational excellence and cutting-edge low-carbon vessels. wants to prove to the world that it is possible to decarbonize today and survive tomorrow,” said Alexander Saverys, CEO of CMB.TECH.
Bente Hetland, CEO of NCL, said: “This project proves that decarbonization is still possible today, and we are excited to see this project move towards clean ammonia as the industry’s leading fuel.” I am confident that this will pave the way for the future.”
More than 99% of Euronav shareholders voted in favor earlier this month. $1.15 billion cash acquisition CMB.TECH
The transaction will see the Antwerp-based, dual-listed tanker giant with a fleet of 50 vessels on a fully delivered basis become a diversified company comprised of four divisions that build, own, operate and engineer hydrogen and ammonia, among others. This will result in the acquisition of a large group. Offshore wind power generation support vessels, dry bulk vessels, containers, chemical tankers, and power vessels in other fields.