- MOL Coastal Shipping has joined forces with compatriot tanker company Asahi Tanker and ship manager IKOUS on a concept study of a large coastal ammonia carrier.
- The idea behind the project is to ensure the capability of using a single vessel to transport large quantities of ammonia, which has potential as a decarbonized energy source.
Mitsui O.S.K. Lines’ subsidiary, MOL Coastal Shipping, is collaborating with compatriot tanker company Asahi Tanker and ship manager IKOUS on a concept study for a coastal ammonia carrier, reads an official release.
The project aims to develop a vessel capable of transporting large quantities of ammonia. The companies also plan to equip the vessel with ammonia fuel cells for propulsion.
The concept study will focus on designing the shape and structure of the ship’s hull to make it more efficient in reducing fuel consumption and improving cargo handling.
The trio aims to launch the vessel by 2029.
Japan is witnessing a rise in demand for ammonia, especially for transporting it via coastal ships to power plants and other users, MOL says.
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Source: MOL
