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Alfa Laval secures first contract for ammonia fuel supply system

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Alfa Laval (ALFVY) has secured its first contract for the FCM Ammonia fuel supply system, marking a significant step in maritime decarbonization. The system will be installed on seven ammonia dual-fuel LPG/ammonia carriers for Tianjin Southwest Maritime at CSSC Huangpu Wenchong shipyard in China.

The contract includes three 25,000 cubic metre and four 41,000 cubic metre LPG/ammonia carriers, with the first unit scheduled for delivery by end-2025. This development comes as international shipping is projected to more than double by 2050, making the adoption of low-carbon fuels important for achieving net zero emissions.

The company leverages its experience with fuels like methanol and LPG to advance ammonia fuel technology, demonstrating its technological readiness in handling ammonia as a marine fuel.

Alfa Laval (ALFVY) ha ottenuto il suo primo contratto per il sistema di fornitura di carburante a base di ammoniaca FCM, segnando un passo significativo nella decarbonizzazione marittima. Il sistema sarà installato su sette navi cisterna dual-fuel LPG/ammoniaca per Tianjin Southwest Maritime presso il cantiere navale CSSC Huangpu Wenchong in Cina.

Il contratto include tre navi cisterna LPG/ammoniaca da 25.000 metri cubi e quattro da 41.000 metri cubi, con la prima unità prevista per la consegna entro la fine del 2025. Questo sviluppo avviene mentre si prevede che il trasporto marittimo internazionale raddoppierà entro il 2050, rendendo fondamentale l'adozione di carburanti a basse emissioni di carbonio per raggiungere emissioni nette zero.

L'azienda sfrutta la sua esperienza con carburanti come metanolo e LPG per far progredire la tecnologia del carburante a base di ammoniaca, dimostrando la sua prontezza tecnologica nella gestione dell'ammoniaca come carburante marino.

Alfa Laval (ALFVY) ha asegurado su primer contrato para el sistema de suministro de combustible de amoníaco FCM, marcando un paso significativo en la descarbonización marítima. El sistema se instalará en siete buques cisterna duales de LPG/amoníaco para Tianjin Southwest Maritime en el astillero CSSC Huangpu Wenchong en China.

El contrato incluye tres buques cisterna de LPG/amoníaco de 25,000 metros cúbicos y cuatro de 41,000 metros cúbicos, con la primera unidad programada para entrega a finales de 2025. Este desarrollo se produce mientras se proyecta que el transporte marítimo internacional se duplicará para 2050, lo que hace que la adopción de combustibles de bajo carbono sea importante para lograr emisiones netas cero.

La empresa aprovecha su experiencia con combustibles como el metanol y el LPG para avanzar en la tecnología de combustible de amoníaco, demostrando su preparación tecnológica para manejar el amoníaco como combustible marino.

알파 라발 (ALFVY)는 해양 탈탄소화에서 중요한 이정표인 FCM 암모니아 연료 공급 시스템에 대한 첫 번째 계약을 체결했습니다. 이 시스템은 중국 CSSC 황푸 웬촹 조선소에서 톈진 남서 해운을 위해 7척의 암모니아 이중 연료 LPG/암모니아 운반선에 설치될 예정입니다.

계약에는 25,000 입방 미터의 LPG/암모니아 운반선 3척과 41,000 입방 미터의 운반선 4척이 포함되어 있으며, 첫 번째 유닛은 2025년 말까지 인도될 예정입니다. 이 개발은 국제 해운이 2050년까지 두 배로 증가할 것으로 예상됨에 따라 탄소 배출이 적은 연료의 채택이 넷 제로 배출 목표를 달성하는 데 중요하다는 점에서 이루어졌습니다.

회사는 메탄올 및 LPG와 같은 연료에 대한 경험을 활용하여 암모니아 연료 기술을 발전시키고, 해양 연료로서 암모니아를 처리하는 기술적 준비 상태를 보여줍니다.

Alfa Laval (ALFVY) a obtenu son premier contrat pour le système de fourniture de carburant à base d'ammoniaque FCM, marquant une étape significative dans la décarbonisation maritime. Le système sera installé sur sept transporteurs de GPL/ammoniaque à double carburant pour Tianjin Southwest Maritime au chantier naval CSSC Huangpu Wenchong en Chine.

Le contrat comprend trois transporteurs de GPL/ammoniaque de 25 000 mètres cubes et quatre de 41 000 mètres cubes, la première unité étant prévue pour livraison d'ici fin 2025. Ce développement intervient alors que le transport maritime international devrait plus que doubler d'ici 2050, rendant l'adoption de carburants à faible émission de carbone essentielle pour atteindre des émissions nettes nulles.

L'entreprise s'appuie sur son expérience avec des carburants tels que le méthanol et le GPL pour faire progresser la technologie du carburant à base d'ammoniaque, démontrant ainsi sa préparation technologique à gérer l'ammoniaque en tant que carburant marin.

Alfa Laval (ALFVY) hat seinen ersten Vertrag für das FCM-Ammoniak-Brennstoffversorgungssystem gesichert, was einen bedeutenden Schritt in der Dekarbonisierung der Schifffahrt darstellt. Das System wird auf sieben LPG/Ammoniak-Dualfuel-Tankern für Tianjin Southwest Maritime im CSSC Huangpu Wenchong Werft in China installiert.

Der Vertrag umfasst drei LPG/Ammoniak-Tanker mit einem Volumen von 25.000 Kubikmetern und vier mit 41.000 Kubikmetern, wobei die erste Einheit bis Ende 2025 geliefert werden soll. Diese Entwicklung erfolgt, während prognostiziert wird, dass der internationale Versand bis 2050 mehr als doppelt so hoch sein wird, was die Einführung von kohlenstoffarmen Brennstoffen wichtig macht, um Netto-Null-Emissionen zu erreichen.

Das Unternehmen nutzt seine Erfahrung mit Brennstoffen wie Methanol und LPG, um die Ammoniakbrennstofftechnologie voranzutreiben und zeigt damit seine technologische Bereitschaft im Umgang mit Ammoniak als maritimem Brennstoff.

Positive
  • First-mover advantage in ammonia fuel supply systems for maritime industry
  • Strategic contract win for 7 vessels demonstrates market validation
  • Expands product portfolio in growing maritime decarbonization market
  • Leverages existing expertise in methanol and LPG fuel systems
Negative
  • First delivery not until end of 2025 indicating long revenue recognition timeline
  • Early-stage technology may face implementation risks

LUND, Sweden, March 19, 2025 /PRNewswire/ -- Alfa Laval has signed its first contract for the ammonia fuel supply system, FCM Ammonia, reinforcing its position as a front-runner in developing solutions for decarbonizing the maritime industry. The ammonia fuel supply system will be installed onboard seven ammonia dual-fuel LPG/ammonia carriers for Tianjin Southwest Maritime.

With international shipping projected to more than double by 2050, the adoption of low-carbon fuels is crucial in the maritime industry's pursuit of net zero emissions. Ammonia, recognized as a promising low-carbon fuel, is experiencing significant advances and increasing demand.

Alfa Laval is instrumental in delivering comprehensive fuel solutions to address the evolving requirements of the maritime sector, and the ammonia fuel supply system is another addition to a toolbox of solutions that can accelerate the industry's decarbonization efforts. Alfa Laval has secured the first contract for its ammonia fuel supply system, highlighting its technological readiness to handle ammonia as fuel, as one of the pioneers in the industry.

"Through research, product development, and strategic partnerships, we are building the solutions needed for a safe and efficient transition to low-carbon alternative fuels," says Peter Sahlen, Head of Marine Separation, Fuel Supply System & Heat Transfer, Alfa Laval. "Our deep experience with fuels like methanol and LPG has given us a head start with ammonia, and this first contract validates our commitment to driving decarbonization in shipping with reliable and innovative solutions."

The FCM Ammonia will be installed on a CSSC Huangpu Wenchong shipyard in China for ship owner Tianjin Southwest Maritime (TSM). The first installation will be on three 25,000 cubic metre LPG/ammonia carriers, followed by four 41,000 cubic metre LPG/ammonia carriers. The first FCM Ammonia unit for TSM is scheduled for delivery at the end of 2025.

Contacts

Johan Lundin
Head of Investor Relations, Alfa Laval
Mobile: +46 730 46 30 90
johan.lundin@alfalaval.com

Sara Helweg-Larsen
Head of Communication, Alfa Laval
Mobile: +46 730 35 80 98
sara.helweglarsen@alfalaval.com

This is Alfa Laval   

The ability to make the most of what we have is more important than ever. Together with our customers, we're innovating the industries that society depends on and creating lasting positive impact. Alfa Laval is a leading global provider of first-rate products in the areas of heat transfer, separation and fluid handling. We're set on helping billions of people to get the energy, food, and clean water they need. And, at the same time, we're decarbonizing the marine fleet that is the backbone of global trade.

We pioneer technologies and solutions that  enable our customers to unlock the true potential of resources. As our customers' businesses grow stronger, the goal of a truly sustainable world edges closer. The company is committed to optimizing processes, creating responsible growth, and driving progress to support customers in achieving their business goals and sustainability targets. Together, we're pioneering positive impact.

Alfa Laval was founded 140 years ago, has customers in 100 countries, employs more than 22,300 people, and annual sales were SEK 66.9 billion (5.8 BEUR) in 2024. The company is listed on Nasdaq Stockholm.

www.alfalaval.com

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Alfa Laval secures first contract for ammonia fuel supply system Corporate press release 20250319

https://news.cision.com/alfa-laval/i/cssc-huangpu-wenchong,c3388247

CSSC Huangpu Wenchong

 

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SOURCE Alfa Laval

FAQ

What is the size of Alfa Laval's (ALFVY) first ammonia fuel system contract?

The contract covers seven vessels: three 25,000 cubic metre and four 41,000 cubic metre LPG/ammonia carriers.

When will Alfa Laval (ALFVY) deliver the first FCM Ammonia unit to Tianjin Southwest Maritime?

The first FCM Ammonia unit is scheduled for delivery at the end of 2025.

Who is the shipyard partner for Alfa Laval's (ALFVY) ammonia fuel system installation?

The systems will be installed at CSSC Huangpu Wenchong shipyard in China.

How does this contract align with maritime industry trends for ALFVY investors?

The contract positions ALFVY strategically in the growing maritime decarbonization market, as shipping is projected to double by 2050 with increasing demand for low-carbon fuels.
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