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Inside Hoegh's big ammonia strategy play
Norwegian shipowner Hoegh Autoliners has ordered 12 very large car carriers to be built in China. The first eight will be built between 2024 and 2027 to be fuelled with LNG and then later retrofitted to use ammonia as a fuel. The last four, starting in 2027, will be built with engines that can use ammonia even though engine makers have not yet finished developing ammonia engines and fuel makers have not yet ramped up production. Hoegh Autoliners head of strategy Lise Duetoft talks to TradeWinds technology editor Craig Eason about the strategy and the hopes that all its ducks will be in a row…
The skinny
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