New rules for global shipping in April could drive early uptake of green hydrogen-based fuels — or lock in the use of LNG

International Maritime Organization members are torn between a flat CO2 levy and a carbon trading system, with each giving different prospects for ammonia and other H2 derivatives

Fortescue's Green Pioneer ammonia-fuelled vessel in London
Fortescue's Green Pioneer ammonia-fuelled vessel in LondonPhoto: Fortescue
Published 12 March 2025, 12:24Updated 12 March 2025, 12:24
ShippingAmmoniaGreen H2BiofuelInternational Maritime Organization