IEA tips ammonia to account for 45% of bunkers in 2050, but cost are an issue

The International Energy Agency (IEA) believes ammonia and hydrogen will be the main fuels in a zero-emissions scenario for shipping by 2050.

The agency said the two green fuels will account for 60% of the bunker market.

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Ammonia alone will account for 45% of demand, the IEA added.