Monday, June 5, 2023

Western Australia and East Asia Iron Ore Green Corridor to be deployed by 2028

A new study by the West Australia-East Asia Iron Ore Green Corridor Consortium found that ships powered by clean ammonia could be deployed on iron ore trade routes between these two points by 2028 and reach 5% adoption by 2030. Could

The research suggests that it is possible to achieve water-clean ammonia-powered bulk carriers by 2028, provided key technologies such as suitable engines are developed, and regulations stay on track. This fuel is likely to be sufficient to meet a runner’s short- and long-term needs. If production grows as expected, demand in the corridor could be met entirely from Australian clean ammonia, but also imported from other production locations globally.

If the corridor develops according to the scenario analyzed, more than 20 ships in the corridor could operate on clean ammonia by 2030, climbing to nearly 360 by 2050. Johan Christensen, executive director of the World Maritime Forum, said: “The study shows there is great interest from industry in decarbonizing its supply chain in the region. Public sector support is now needed to accelerate the development of this green corridor.

While the opportunity to develop a Green Corridor between Western Australia and East Asia is imminent, this study also outlines the critical conditions that are needed for it to develop successfully, including continued collaboration through the corridor’s value chain and Coordinated action is involved. Development of suitable commercial infrastructure.

Nation World News Desk
Nation World News Desk
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