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Norwegians press ahead with pioneering ammonia-fuelled dry bulk project

Skarv Shipping Solutions, a joint venture between Peak Group and Grieg looking to pioneer green short-sea dry bulk trades, has received NOK130m from the Norwegian government fund, Enova, to help it acquire three ships for use along the Norwegian coast.

The 4,000 dwt vessels will potentially reduce emissions by up to 90% compared to traditional vessels, thanks to innovative technologies like batteries, ammonia engines, rotor sails, and energy-efficient hull design.

The engines, likely to be supplied by Wärtsilä, will be among the world’s first four-stroke ammonia engines.“The next big step”

“Now, with Enova’s decision, we are eager to move forward and accomplish our next goals: firm commercial agreements with our clients and initiating the contracting and construction of ships,” said Jan Øivind Svardal, CEO of Skarv Shipping Solutions.

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.
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