NYK’s Vision For 2030: Pioneering Ammonia Bunkering And Sustainable Growth

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Momentum for the practical expansion of ammonia fuel supply ships, a presentation ceremony in collaboration with TBG NYK and TB Global Technologies Ltd. (TBG) received the certificate for approval in principle (AiP) for the ship-to-ship supply of fuel ammonia at Gastech 2024, held in Houston, U.S.A. on September 18 (local time September 17) from Nippon Kaiji Kyokai (ClassNK). This is the world’s first* bunkering boom for ammonia-fueled vessels to receive the AiP, and will provide a major boost to the expansion of the practical application of ammonia-fueled vessels, reports NYK Line.

Emergency release system 

The most distinctive feature of the boom is a TBG-developed emergency-release system that allows the connection between an ammonia-fueled vessel and an ammonia bunkering vessel (ABV) to be disconnected instantly in an emergency.

Term management plan 

On March 10, 2023, the NYK Group released its medium-term management plan “Sail Green, Drive Transformations 2026 — A Passion for Planetary Wellbeing.” The NYK Group is promoting growth strategies with ESG at the core, based on the Group’s basic philosophy of “Bringing value to life” and a new corporate vision for 2030.

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Source: NYK Line