Yara Growth Ventures, the venture investment arm of Yara International ASA (together, Yara) and Navigator Holdings Ltd (Navigator) today announced they have each acquired a 14.5% interest in the Norwegian start-up Azane Fuel Solutions AS (Azane).
The companies have jointly invested $5.7 million in a strategic partnership with ECONNECT Energy and Amon Maritime’s joint venture, founded in 2020.
This collaboration marks a pivotal step in creating the world’s pioneering ammonia bunkering network, with a confirmed order of 15 bunkering units by Yara Clean Ammonia.
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