- ITOCHU Corporation, ClassNK, Nihon Shipyard, and MPA have signed a memorandum of understanding (MoU) for a joint study of ammonia-fueled bulk carriers.
- The joint study will focus on the design and safety specifications of ammonia-fueled ships under development by ITOCHU and partners.
ITOCHU Corporation, ClassNK, Nihon Shipyard Co. and the Maritime and Port Authority of Singapore (MPA) have signed a Memorandum of Understanding (MoU) for a joint study on the design and safety specifications of ammonia-fueled bulk carriers which are under development by ITOCHU and its partners, reads an official press release.
Ammonia-fueled bulker study
The MoU is based on the premise that 200,000 deadweight ton class bulk carriers will be built by Nihon Shipyard with an ammonia dual-fueled engine in accordance with the ‘Integrated project for development and social implementation of ammonia-fueled ships’ which was adopted under the ‘Green Innovation Fund Project/Development Project for Next-Generation Ships/Development of Ammonia-Fueled Ship’ – a project offered by New Energy and Industrial Technology Development Organization (NEDO) in October 2021.
A clarification of the specifications for an ammonia-fueled ship to carry out ammonia bunkering in Singapore will be conducted by the parties to the new MoU.
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Source: ClassNK
