Japanese consortium signs contracts for construction of ammonia-fuelled gas carrier

In a move towards harnessing more sustainable technology, Nippon Yusen Kabushiki Kaisha (NYK), Japan Engine Corporation, IHI Power Systems Co., and Nihon Shipyard Co., Ltd. have inked contracts for the construction of the world’s first ammonia-fueled medium gas carrier (AFMGC).   The vessel, a 40,000 m³ type ammonia fuel ammonia carrier, is set to be delivered […]