Tendering activity indicates a clean ammonia shipping market will take shape in 2027 or 2028, according to the chief executive of New York-listed shipowner Capital Product Partners.
Jerry Kalogiratos, whose company is sitting on an orderbook of 10 ships able to carry ammonia, said that tendering interest could translate into multi-year charters for the right vessels.
The commercial enquiries include tenders to import ammonia to produce power from hydrogen, which can be extracted from the carbon-free molecule.
