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Golden Island, NYK Line and Yara move to explore ammonia bunkering in Singapore

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Trio signed a non-binding term sheet to jointly explore the marketing and supply of low-carbon ammonia as a marine fuel to maritime end-users in Singapore.
Golden Island, NYK Line and Yara move to explore ammonia bunkering in Singapore

Singapore bunker supplier Golden Island Pte Ltd on Monday (20 April) said the company has signed a non-binding term sheet with NYK Bulkship (Asia) (NYK Line) and Yara Clean Ammonia to jointly explore the marketing and supply of low-carbon ammonia as a marine fuel to maritime end-users in Singapore.

The partnership represents a major step in enabling ammonia as a zero-or-near-zero-emission (ZNZ) marine fuel, in line with Singapore’s broader ambitions to support the shipping community in meeting decarbonisation targets.

NYK Line will fully leverage its expertise gained through LNG bunkering operations, as well as its operational and technical experience with ammonia carriers and ammonia-fuelled vessel projects. 

Golden Island has more than 40 years of experience in Singapore’s bunkering industry, with an established customer base and operational capabilities in scheduling, a key aspect of bunkering. Yara Clean Ammonia is a major player in the global ammonia sector, with experience in ammonia production and handling, supported by a strong safety record.

NYK Line, Golden Island, and Yara Clean Ammonia began discussions at the beginning of 2024 to explore the launch of this business, aiming to commence operations within this decade.

Atsuya Nojiri, Managing Director of NYK Bulkship (Asia), said: “The NYK Group operates a fleet of more than 900 vessels and recognises the transition to ZNZ marine fuels as a critical step towards achieving net-zero emissions by 2050. With its potential to significantly reduce greenhouse gas emissions, ammonia is expected to play an important role in the future marine fuel mix. The NYK Group’s primary objective is to establish the infrastructure required to safely accelerate the adoption and scaling of ammonia-fuelled vessels, while taking a leading role through collaboration with experienced industry partners,” said 

Johnny Tan, Managing Director of Golden Island, said: “Golden Island is pleased to partner with NYK Line and Yara Clean Ammonia to advance the development of low-carbon ammonia bunkering in Singapore. With more than 40 years of experience in Singapore’s bunkering industry, we bring a strong customer network and deep operational expertise in bunker scheduling and supply chain coordination.

“Over the years, we have supported the industry’s transition through initiatives such as the adoption of VLSFO, biofuels, methanol as marine fuel, and digitalisation efforts including electric Bunker Delivery Note. Through this partnership, we look forward to contributing our operational capabilities and high safety standards to support Singapore’s development as a global hub for next-generation marine fuels.”

Murali Srinivasan, SVP Commercial, Yara Clean Ammonia, said: “This partnership marks an important milestone in realising our vision of a low-carbon ammonia supply chain for new markets. Together with NYK Line and Golden Island, we are developing a last-mile ecosystem that will make low-emission ammonia bunkering available safely and reliably at one of the world’s most critical maritime hubs. Singapore’s leadership in maritime decarbonisation makes it a natural starting point for scaling ammonia bunkering globally.”

 

Photo credit: Golden Island
Published: 21 April, 2026