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Amon Bulk adds three ammonia Kamsarmaxes with NOK 298 million Enova grant

Amon Maritime secured NOK 298 million from Enova to back three ammonia-fuelled Kamsarmax bulkers for Amon Bulk, expanding the programme to five ships due 2029–2030.
Image source: AMON MARITIME

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Amon Maritime has received NOK 298 million in investment grants from Enova to support the construction of three ammonia-fuelled bulk carriers for Amon Bulk.

The newbuilds are in the Kamsarmax segment, each designed for about 80,000–85,000 DWT. Amon Bulk said the concept combines high energy efficiency with carbon-free fuel, reinforcing its stated ambition to lead ammonia-powered deep-sea shipping.

Amon Maritime also said the vessels are intended to match the logistics requirements of European steel industries as demand grows for lower-carbon transport. The ships are designed in line with the EU Emissions Trading System (EU ETS) and the FuelEU Maritime regulation.

Chief executive André Risholm said the funding enables Amon Bulk to proceed with three additional Kamsarmax vessels and described the award as a milestone for the company and shipping’s green transition.

With the latest grant, Amon Bulk has now secured more than NOK 552 million from Enova to build five ammonia-powered bulk carriers. Two vessels were announced earlier this year, with three more now added.

All five ships are scheduled for delivery between 2029 and 2030.

Editorial Note:
This article was prepared with the assistance of AI tools to enhance clarity and efficiency.
All information has been reviewed and verified by the HMT News editor.
Norway will not apply FuelEU Maritime from 1 January 2026, citing unresolved EEA/EFTA–EU clarifications. Entry into force is now expected later in 2026.
Shimanami Shipyard, a subsidiary of Imabari Shipbuilding, will build 10 speculative bulk carriers. Additionally, the company has secured orders for 10 more ships, including Aframax tankers.

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