Decarbonizing Maritime Transport

OCI's products are key to decarbonizing the maritime sector Emissions, CO2/ MJ (indicative) Fuel oil LNG LPG Hydrogen Ammonia Methanol Diesel Battery More practical/available Less practical/available Grey/brown Blue Green OCI OCI OCI Practical / available for long distances Low volumetric density, expensive storage, no infrastructure | Lowest abatement cost, widely produced and handled Liquid, interchangeable/seamless with current infrastructure Supplied to other industry offtakers Too heavy and voluminous, limited charging infrastructure Shipping makes up 3% of global GHG emissions and is one of the hardest sectors to decarbonize Ammonia and methanol will likely be the only green fuels that can be used for maritime applications, as other green fuels are not very practical (hydrogen/ battery) or available (biodiesel) OCI can supply both ammonia and methanol, and intends to use the grey and blue pathway as a bridging solution until the industry has fully scaled up OCI Source: Trafigura, IMO 4th GHG report, E.Lindstad (decarbonizing marine transport) 30

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