Amon Maritime of Norway has launched Amon Bulk, a new company focused on developing ammonia-fuelled bulk carriers supported by a NOK253m grant from Enova. The CEO, André Risholm, highlighted the environmental and commercial benefits of adopting ammonia in capesize and kamsarmax vessels, aiming for impactful emissions reductions while maintaining profitability. The upcoming vessels, Amon Bulk 1 and Amon Bulk 2, are scheduled for completion by 2029, positioning them among the world's pioneering large ammonia-powered bulk carriers. This initiative forms part of Enova's broader investment in ammonia and hydrogen-powered shipping, emphasizing the need for scalable solutions to achieve emission cuts in the maritime sector. Nils Kristian Nakstad, Enova's managing director, emphasized the importance of industry experience in advancing these novel technologies towards the goal of emissions reduction by 2050. The development of Amon Bulk and similar projects signifies a positive step towards sustainable shipping practices and the adoption of alternative fuels in the maritime industry.