NYK Line, Nihon Shipyard Co. Ltd. (Nihon Shipyard), and Nippon Kaiji Kyokai (ClassNK) on Monday (31 May) entered into an MOU with Yara International (Yara), a producer, logistic player and trader of ammonia, for a joint study.
The study is regarding the practical application of an ammonia-fuelled ammonia gas carrier (AFAGC) that uses ammonia as its main fuel.
The project is part of joint R&D for the practical application of the world’s first AFAGC, a topic which NYK Line, Nihon Shipyard, and ClassNK have started researching since August 2020.
With the signing of the MOU with Yara, the group will now proceed with studies based on more specific operational requirements, including ship design and development, by studying operational methods and regulatory compliance, and evaluating economic efficiency.
The role of each company in the joint study will be as follows:
“Through this joint R&D, we will promote the use of ammonia as a marine fuel and aim to provide a stable supply to meet existing demand (including chemical products and raw materials for fertilizers) and new demand (including fuel use in domestic thermal power plants), which is expected to grow in the future,” said NYK Line.
“By doing so, the project is expected to make a significant contribution to the decarbonisation of not only the maritime industry but also the energy industry. We also aim to establish international standards as soon as possible by being actively involved in R&D in the field of safety.”
Photo credit: NYK Line
Published: 3 June, 2021
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