Renewables

CIP lands billion-dollar green ammonia deal with a major carrier

The agreement runs between 10 to 15 years and covers the supply of the green fuel to a major shipping company’s ships. More agreements are expected to land soon, according to reports.
"We are in contact with between 40 and 50 shipping companies," says Jens Jødal Andersen, vice president of Copenhagen Infrastructure Partners. The Danish company expects to land more agreements with shipping companies later this year. | Photo: CIP
"We are in contact with between 40 and 50 shipping companies," says Jens Jødal Andersen, vice president of Copenhagen Infrastructure Partners. The Danish company expects to land more agreements with shipping companies later this year. | Photo: CIP
by TOMAS KRISTIANSEN

Danish investment firm Copenhagen Infrastructure Partners (CIP) has signed the first major contract with a shipping company for the supply of green ammonia in what looks like a landmark agreement.

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