OSM Thome inks NH3-fuelled Ultramax series deal

Under the terms of the agreement, OSM Thome will collaborate in the Drawing Approval, Project Development, and Site Supervision phases of the project for the series of Ultramax bulkers. Furthermore, OSM Thome will manage the crew and technical management of the constructed vessels.

As previously reported by The Motorship, PGS is in the process of initiating an order for up to six modern, zero-emission Ultramax dry bulk carriers. These vessels are designed by Deltamarin in Finland. The initial ship design is derived from an existing Deltamarin Ultramax model, but it has been modified to include the ammonia cracking technology developed by Pherousa Green Technologies AS (PGT). This technology employs ammonia as a hydrogen carrier, facilitating true zero-emission propulsion.

The initial fleet of six Ultramax dry bulk carriers has a specific focus on serving the global copper industry. Given copper’s pivotal role in worldwide decarbonization efforts, the copper industry has set ambitious emission reduction targets, encompassing Scope 3 emissions which involve transportation to end users. “The concept has garnered significant support, and we are actively engaging with key stakeholders in both ammonia supply and vessel end-users. This momentum is propelling us towards realizing zero-emission copper transportation, fostering a fully zero carbon supply chain from mines to destinations,” added Mr. Bredrup.

“We really appreciate the trust that PGS has in our abilities by signing this agreement. Since the merger of OSM Maritime Group and Thome Group was finalised in May this year creating the combined entity OSM Thome, we have worked hard to amalgamate and build on the best attributes and skills of all our employees to provide real benefits for our customers. We are looking forward to working closely with the team at PGS to ensure that this project is successfully supervised and managed to create sustainable transportation solutions,” said Tommy Olofsen, OSM Thome’s Chief Commercial Officer.