Defence Monitor

green-ammonia corridor

India, South Korea can lead shipping decarbonisation via green-ammonia corridor: Report

India, South Korea can lead shipping decarbonisation via green-ammonia corridor: Report

New Delhi, Nov 12 (IANS) India and South Korea can accelerate shipping decarbonisation through a green-ammonia corridor, regardless of delays in global carbon-pricing negotiations, a new report has said ahead of the International Maritime Organization session on December 4, deciding on a binding carbon price. The report from India Narrative suggested a bilateral corridor between India and South Korea rather than a dozen pilots. "Pick an Indian anchor, Tuticorin or Kandla, and a Korean one, Ulsan, which Seoul has designated as its ammonia and methanol bunkering hub," the report said, suggesting both countries to also commit a handful of Korean-built,…
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