Höegh Autoliners secures significant Enova funding for two ammonia-powered vessels

Shipping company Höegh Autoliners ASA is making significant progress in its ambition to make the Aurora Class the world's first PCTC vessel to run on ammonia.

Höegh Autoliners secures significant Enova funding for two ammonia-powered vessels

They have been granted almost USD 14 million (NOK 146 million) in Enova funding to use the alternative and sustainable fuel for two of their vessels.

Director of Technology and Market Development in Enova, Astrid Lilliestråle is pleased with Höegh Autioliners’ plans to introduce ammonia-powered vessels to its fleet:

“We note that the shipping company aims to be at the forefront of adopting ammonia in ships and has ambitions to take measures to adapt to necessary changes and future requirements towards the low-emission society”.

Höegh Autoliners has a total of 12 Aurora Class vessels on order. The vessels transport rolling cargo such as cars, agricultural machinery, and mining equipment, as well as general solo cargo needing to be shipped.

All 12 vessels are designed with engines that run on liquefied natural gas (LNG) and low-sulfur oil, and with an ammonia-ready certification from DNV. To use ammonia as fuel, the installation of an ammonia engine and an additional tank to maintain sufficient range are required.

Therefore, Höegh Autoliners has applied for Enova funding for two of their 12 confirmed vessels to reduce the additional cost of this solution compared to a vessel that would be "ammonia ready".

The company aims to use mostly carbon-neutral ammonia as fuel from the moment the vessels enter into service. It is expected that it could take some time before availability and price reach satisfactory levels, with a gradual ramp-up expected from 2027.

These vessels will significantly contribute to the company's goal of achieving net zero emissions by 2040. Höegh Autoliners, as one of the first and few shipping companies globally, has secured access to the first ammonia 2-stroke engines delivered by MAN.

Each of Höegh Autoliners' two planned ammonia vessels has been granted almost USD 7 million (NOK 73 million), with the total coming to almost USD 14 million (NOK 146 million).