ITOCHU Corporation, the Maritime and Port Authority of Singapore (MPA), Nihon Shipyard, and Nippon Kaiji Kyokai (ClassNK) have signed a Memorandum of Understanding (MOU) to collaborate on the design and safety specifications of ammonia-fueled ships. The initiative aims to decarbonize the maritime sector by implementing feasible marine fuel solutions. Ammonia is emerging as a potential marine fuel for lowering carbon emissions in the maritime sector.
The partnership will focus on developing the design and operational standards for ammonia-powered ships, with an emphasis on safety and commercial viability. The MPA, a key regulatory body managing Singapore’s expanding bunkering hub, will provide crucial insights to ensure the safe operation of these ships. The MoU outlines Nihon Shipyard’s plan to build 200,000 deadweight ton class bulk carriers with ammonia and dual-fueled engines.
ClassNK, as a classification society, will offer expertise in safety and environmental protection and information on the alternative design approval process. The initiative addresses the criteria needed for ammonia bunkering in Singapore. ITOCHU’s management policy, “The Brand New Deal: Profit Opportunities are shifting downstream,” demonstrates the company’s commitment to the Sustainable Development Goals (SDGs) and a decarbonized society. They intend to collaborate with various stakeholders to promote sustainable local communities and reduce environmental impact.
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