Clean ammonia trade boom to swell VLAC fleet to 400 ships
MSI23 January 20241 Minute
Demand to be transformed by increasing move from fertiliser production to bunkers.
A surge in demand for clean energy is set to boost the ranks of very large ammonia carriers (VLACs) as the ammonia trade is transformed.
MSI predicts the next 25 years are likely to see requirements for green and blue ammonia providing the impetus for owners to order close to 400 VLACs compared with a current fleet of 375 VLGCs focused on carrying LPG. Read more at TradeWinds.