Lloyd’s Register (LR) has announced a strategic collaboration with DAI Infrastruktur GmbH for the green ammonia initiative known as Project Ra, located at East Port Said, Egypt. This venture encompasses the development of a substantial green ammonia production and bunkering facility, responding to growing demand within the maritime sector for alternative fuels.
With the International Maritime Organization’s (IMO) recent greenhouse gas reduction measures set to take effect by 2030, shipowners are increasingly seeking access to low- and zero-carbon fuel sources. Project Ra is anticipated to produce up to two million tonnes of green ammonia each year, with 1.65 million tonnes derived exclusively from renewable energy sources.
Production is set to commence in 2029, and the facility’s strategic position adjacent to the Suez Canal will establish it as a vital bunkering hub for ammonia-fueled vessels traversing one of the busiest shipping routes globally. As part of the agreement, LR will provide extensive advisory services throughout the project’s lifecycle.
This will include demand-side pricing analyses, infrastructure planning, risk assessments, regulatory guidance, lifecycle greenhouse gas emissions analysis, and market strategy support. Additionally, LR’s responsibilities encompass concept design reviews, feasibility studies, and performance benchmarking in accordance with ISO 55000 standards.
Panos Mitrou, Global Gas Segment Director at Lloyd’s Register, highlighted the partnership’s significance in facilitating the development of alternative fuel supply chains, essential for navigating the regulatory changes of MEPC 83 effectively. He emphasized LR’s capability to deliver comprehensive advisory services that aim for both commercial success and environmental responsibility.
Ioannis Papassavvas, CEO of DAI Infrastruktur, noted that Project Ra is a pivotal advancement in meeting the maritime sector’s pressing demand for scalable and reliable green ammonia. The project is set to play a crucial role in supplying European ports, particularly in Germany and Greece, with green ammonia that can be utilized for various purposes, including bunkering fuel and reducing industrial CO₂ emissions.