Ammonia-powered shipping firm Viridis Bulk Carriers have bagged yet another client keen on associating with it on the firm’s pioneering green project.
Stema Shipping becomes the eighth charterer to sign the Flexbulk – NH3 power consortium assignment, reportedly joining the likes of Yara and Elkem to help create adequate short-sea shipping demands of northwest Europe to proceed with the ordering of the first vessels.
Viridis Bulk Carriers expect to place orders for ammonia-powered vessels in 2023, with its deliveries beginning in 2025.
Viridis Bulk Carriers is a consortium member of the Ammonia Fuel Bunkering Network that will develop a bunkering network in Scandinavia with Yara.
The first terminal is gearing up for its delivery in 2024. Yara has also scheduled 15 bunkering terminals for Scandinavia’s market to ensure that Viridis’s new vessels can trade across the region.
References: Splash247, WN