Yara Clean Ammonia (YCA) and Nippon Yusen Kabushiki Kaisha (NYK) have signed a groundbreaking time-charter contract for an ammonia-fueled medium gas carrier (AFMGC), marking the first such agreement in the world. The vessel, scheduled for delivery in November 2026, will play a crucial role in reducing GHG emissions in maritime transport.
Key Highlights of the Agreement
Vessel Type: 40,000m³ Ammonia-Fueled Medium Gas Carrier
Delivery Date: November 2026
Builder: Joint effort between YCA, NYK, and partner companies
Flag: Japan
Why It Matters
Decarbonization & Compliance: The AFMGC will significantly reduce carbon emissions and comply with future CO₂ regulations.
Ammonia Supply Chain Development: Supports the growing demand for clean ammonia in power generation, marine fuel, and industrial applications.
Green Shipping Leadership: Aligns with NYK’s 2050 net-zero emissions target and advances YCA’s clean energy strategy.
Executive Statements
Murali Srinivasan, SVP, Yara Clean Ammonia:
“This collaboration with NYK ensures that our customers receive clean ammonia with minimal carbon intensity, supporting a sustainable supply chain from well to wake.”
Hironobu Watanabe, Managing Executive Officer, NYK:
“Alternative fuels, especially ammonia, are critical to achieving net-zero emissions. Partnering with Yara strengthens our commitment to developing a sustainable ammonia transport network.”
Vessel Specifications
Length: 180.00 m
Breadth: 32.00 m
Molded Depth: 18.45 m
This first-of-its-kind ammonia-fueled vessel represents a major step in clean energy shipping, reinforcing YCA and NYK’s leadership in maritime sustainability.
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Source: YARA
