Yara supply agreement supports Azane’s expansion of ammonia solutions for shipping
Azane Fuel Solutions has signed an ammonia supply agreement with Yara Norge, securing access to ammonia to support its growing marine fuel activities.
The agreement is intended to strengthen the ammonia value chain and establish a reliable supply solution for the maritime sector as shipping companies explore lower-emission fuel alternatives.
The agreement strengthens the ammonia value chain and supports Azane’s ambition to deliver reliable and scalable ammonia solutions for the shipping industry. Under the agreement, Yara will supply ammonia to Azane through its established production and logistics network, and Azane will sell the ammonia to end clients in the maritime fuel market – such as the recently announced agreement with Equinor.
“Securing access to ammonia from a leading global producer is a key milestone for Azane,” said Steinar Kostøl, CEO of Azane Fuel Solutions. “As interest in ammonia as a marine fuel continues to grow, strong partnerships across the value chain are essential to ensuring a safe, reliable and commercially viable fuel supply.”
“Ammonia is recognized as a promising low-emission fuel alternative for shipping and offshore operations, and we are pleased to support Azane’s efforts to pilot ammonia supply solutions,” said Gunner Sørensen, Senior Sales Manager, Yara Industrial Solutions. “As a leading global producer and supplier of ammonia, Yara is well positioned to provide reliable supply to customers across a range of industries, including emerging applications such as maritime fuel.”
