Pact for Joint Study of Ammonia Fueled Ammonia Gas Carrier
On May 31st, NYK Line, Nihon Shipyard Co Ltd and Nippon Kaiji Kyokai (ClassNK) signed an MOU with Yara International.Yara is a world leader in ammonia, with long experience and leading positions within global ammonia production, logistics and trade, to jointly study the practical application of an ammonia-fueled ammonia gas carrier AFAGC that uses ammonia as its main fuel.
Role of each company
Formulation of operation requirements
Evaluation of economic efficiency as a charterer
Formulation of operation methods
Consideration of compliance with laws and regulations
Evaluation of environmental friendliness of AFAGC introduction
Assessment of the economics of being a shipowner
Nihon Shipyard （Shipbuilding company）
R&D and design of AFAGC
Estimation of CO2 emission reductions
Technical verification for safety
Formulation of guidelines
Since carbon dioxide is not emitted when ammonia is burned, it is viewed to have promise as a next-generation fuel that could mitigate shipping’s impact on global warming. In addition, it is said that zero emissions can be realized by utilizing CO2-free hydrogen as a raw material for ammonia. In particular, the use of ammonia as a fuel for power generation is expected to significantly reduce CO2 emissions, and development is underway for ammonia co-firing power generation at coal-fired power stations.
This project is part of joint R&D for the practical application of the world's first AFAGC, which NYK Line, Nihon Shipyard, and ClassNK have been operating since August 2020.