During Arendalsuka, a significant step toward sustainable maritime fuel solutions was announced as Iverson eFuels signed a landmark partnership agreement with Stavangerregionen Havn (Port of Stavanger), ASCO Norge, and St1. This collaboration is set to establish the Stavanger region as a central hub for green ammonia, aiming to drastically reduce emissions in the shipping industry.
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A Vision for Emission-Free Shipping
“Green ammonia has the potential to make large portions of the shipping fleet emission-free. To drive the energy transition, ammonia must be as accessible as fossil fuels are today. This is what we aim to achieve,” said Eivind Hornnes, Business Developer at Stavangerregionen Havn. Hornnes emphasized the critical need for collaboration across the entire value chain to ensure the successful energy transition of the maritime industry. By working together, Stavangerregionen Havn, ASCO, St1, and Iverson eFuels are setting the stage for Risavika to become a leading bunkering port for locally produced green ammonia.
Strategic Collaboration to Build a Robust Value Chain
The strategic collaboration aims to leverage the combined expertise and resources of all partners involved. The goal is to establish a robust and efficient value chain encompassing the production, storage, distribution, and use of green ammonia in maritime operations.
“There are nearly 2,000 port calls at Risavika each year, and these could become emission-free with green ammonia from Sauda,” said Hege Økland, Managing Director of Iverson eFuels. Iverson eFuels plans to produce 200,000 tons of green ammonia annually, which is equivalent to over 102 million liters of diesel. This production is set to replace a significant portion of the fossil fuels currently used in the region. “We are excited to collaborate with forward-thinking companies that can help bring our ammonia to market,” Økland added.
Building New Infrastructure for a Sustainable Future
As part of the collaboration, ASCO Norge will play a pivotal role in establishing the necessary infrastructure at the port. “Using ammonia as fuel will require new infrastructure, such as storage tanks and bunkering facilities at the port. ASCO is ready to establish such facilities, ensuring that this is done in a safe and sustainable manner. In this partnership, we will conduct risk assessments and ensure that the facility meets national safety standards and regulations,” said Runar Hatletvedt, Managing Director of ASCO Norge. The partners will work closely to set standards and create an efficient, safe, and customer-friendly infrastructure for bunkering.
Promoting Ammonia as a Maritime Fuel
St1, a key player in the partnership, is committed to promoting ammonia as a viable fuel for the maritime industry. “St1 is in close dialogue with operators and end customers. Together with our partners, we will promote knowledge about ammonia as a fuel and ensure that we can supply it once shipowners have installed ammonia engines on their vessels,” said Simen Hauland, Project Manager P2X/Renewables at St1.
A Model for the Future
This partnership underscores the importance of collaboration in addressing the urgent need for sustainable energy solutions in maritime shipping. By combining the strengths of each partner, the collaboration aims to create a scalable model that sets a standard for green ammonia infrastructure. “By working together, we can accelerate the pace of the energy transition and encourage operators and shipowners to invest in ammonia-powered vessels,” added Hauland.
Eivind Hornnes of Stavangerregionen Havn highlighted the broader impact of the initiative, stating, “This partnership marks a significant step towards a sustainable future for shipping and strengthens Stavanger as an energy region.” He emphasized that the port will act as a facilitator for collaboration, helping to connect partners with similar initiatives.
About Stavangerregionen Havn
Stavangerregionen Havn is a driving force for the continuous development of port facilities and maritime infrastructure in the port district. Owned by the municipalities of Stavanger, Sola, and Randaberg, the company takes a long-term perspective on its investments and development. The port district represents Europe’s largest energy cluster and currently has three well-established port areas with potential for expansion.
About ASCO Norge
ASCO Norge provides logistics and supply chain management services to onshore and offshore industries in Norway. The company operates supply bases for the oil and gas industry, with its headquarters in Tananger and branch offices in Oslo, Kristiansund, Farsund, and Sandnessjøen. ASCO Norge has 215 employees and a turnover of NOK 700 million. It is owned by ASCO Group, UK.
About St1
St1 is a Nordic energy group with a vision to be a leader in the production and sale of CO2-conscious energy. The group focuses on fuel sales, refining, and renewable energy solutions such as waste-based biofuels and wind power. St1 operates 1,270 St1 and Shell stations in Norway, Sweden, and Finland, with its headquarters in Finland and over 1,000 employees. In Norway, St1 operates approximately 300 Shell stations, along with a depot and supply network across the country. St1 Norge is also actively engaged in wind power, charging, and other alternative energy sources for transportation.
About Iverson eFuels
Iverson eFuels is set to establish green ammonia production in Sauda, with production expected to begin in 2029. The facility will produce 200,000 tons of ammonia annually, which will be used as emission-free fuel for ships.
About Inverson eFuels