Retrofitting ships with green ammonia propulsion is expensive   

Retrofitting ships for green ammonia propulsion is currently prohibitively expensive, an in-depth study has found. A cross-company, cross-discipline group of industry experts concluded that deepsea shipping can transform to ammonia as fuel, but there are several difficult hurdles to overcome. Through 2022, a group of industry experts, led by Norwegian shipowner Grieg Star, studied the

G2 Ocean targets to become netzero by 2050

G2 Ocean, a Norwegian bulk shipping joint venture between Gearbulk and Grieg Star, has committed to becoming net zero emissions by 2050 and to bring in zero emission vessels by 2030. The company said that in addition to the reduction of greenhouse gas emissions per transported unit by a minimum of 40% by 2030 from