Australian trio takes step closer to establishing low emissions ammonia bunkering operations

NH3 Clean Energy, Pilbara Ports and Oceania Marine Energy have signed an agreement to establish low emissions ammonia bunkering operations at Australia’s Port of Dampier and support the decarbonisation of the Pilbara-Asia maritime corridor. The agreement follows the International Maritime Organisation’s (IMO) recent announcement of its Net Zero Framework which sets mandatory emissions limits and…

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Ammonia market players at Monaco conference keep cards close to their chest on bearish sentiment

While Monaco is world famous for its culture of risk taking and high stakes, ammonia market participants at this week’s industry conference in the wealthy principality opted to stick, not twist when it came to stepping up to the table and striking deals. The reluctance to conclude business, or even show their hands in many…

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Global ammonia prices in the doldrums as inaugural cargo loads at large Texan plant

Just like its famous equine counterpart, the tanker Dancing Brave was first out the gate when it performed the inaugural loading from the long-awaited Gulf Coast Ammonia (GCA) project in Texas a couple of days ago. The lifting of nearly 15,000t of spot volume for Norwegian major Yara’s operations at its Article Circle fertilizer facility…

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Global ammonia prices under downward pressure on healthy supply/demand balance

The international merchant ammonia market has commenced 2025 fundamentally long on a strong supply situation in key export hubs and seasonally weak demand from large industrial buyers in Northwest Europe and Northeast Asia. With downward price pressure in the Middle East and Southeast Asia gathering pace on sluggish order books, discounted cargoes from the former…

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