Lotte Fine Chemical completes world’s first commercial ammonia bunkering at Ulsan

Tue 28 Apr 2026, 05:03 GMT | Updated: Tue 28 Apr 2026, 05:06 GMT | Evangelia Fragouli

Lotte Fine Chemical completes world’s first commercial ammonia bunkering at Ulsan

South Korean chemical company claims to have established a complete green ammonia value chain.

Lotte Fine Chemical has completed the world’s first commercial ammonia bunkering operation, supplying fuel to an ammonia-powered vessel at Ulsan. Image credit: Lotte Fine Chemical

Lotte Fine Chemical says it has completed the world’s first commercial ammonia bunkering operation at the Port of Ulsan in South Korea.

The company stated that the milestone marked the first full green ammonia value chain, covering production, international transportation and final use as marine fuel.

The chain began with green ammonia produced using 100% renewable energy and ended with fuel supply to what it described as the world’s first ammonia-powered vessel built by HD Hyundai Heavy Industries.

The South Korean chemicals producer noted that the development represented a step forward for a carbon-free energy ecosystem and for shipping decarbonisation.

HD Hyundai Heavy Industries has been developing ammonia-fuelled vessel designs as part of the maritime industry’s transition towards lower-carbon propulsion systems.

Ammonia Green/e-ammonia Milestone Republic of Korea Ulsan (KR)


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