Amon Maritime

Amon Maritime

Carbon-free shipping company developing and operating a fleet of ammonia-powered vessels and the supporting bunkering infrastructure.

HQ location
Sandefjord, Norway
Launch date
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DateInvestorsAmountRound
investor

€0.0

round
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$25.1m

Grant
Total Funding000k
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More about Amon Maritime
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Amon Maritime, founded in late 2019 by André Risholm, is a Norwegian company at the forefront of the green shift in the maritime industry. Risholm's background in the offshore shipping sector, where he worked as a Project Manager for new builds at DOF, provided him with the necessary experience and insight to identify the potential of ammonia as a zero-emission fuel for the shipping industry. This led to the creation of Amon Maritime, with the ambitious goal of becoming the world's first carbon-free shipping company.

The company's business model is centered around the development, ownership, and operation of a fleet of ammonia-powered vessels. Amon Maritime is not just focused on the ships themselves but is also actively involved in developing the entire value chain for ammonia as a fuel. This includes the establishment of Azane Fuel Solutions, a subsidiary dedicated to creating a network of ammonia bunkering terminals. This integrated approach ensures a reliable supply of green ammonia for their fleet and the wider market.

Amon Maritime's primary clients are companies looking to transport goods with a minimal environmental footprint. By offering carbon-free transportation solutions, they are catering to a growing demand for sustainable logistics. The company has already secured significant funding from the Norwegian state agency Enova, which is a testament to the confidence in their technology and business plan. This financial backing is crucial for the development and construction of their first ammonia-powered bulkers, which are expected to be operational in the near future.

Keywords: ammonia fuel, zero-emission shipping, maritime technology, green ammonia, sustainable logistics, carbon-free transport, ship owning, ammonia bunkering, naval architecture, marine engineering

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