Trafigura is continuing to pump money into shipping decarbonisation through a new green ammonia bunkering venture in Norway.

The Swiss trading and chartering giant is teaming with green hydrogen company Hy2gen and Danish renewable investment fund Copenhagen Infrastructure Partners (CIP) for the facility in Sauda on the south-west coast.

The production plant is called Iverson eFuels.

The consortium plans to invest “significant capital” into the site, which will also store and ship the fuel, bringing jobs to the local community.