Asia/Pacific News
MOL Secures ClassNK Approval for Ammonia-Fuelled Carrier Design
Japanese shipping company Mitsui OSK Lines (MOL) has obtained approval from the classification society ClassNK for the ammonia-fuel-compatible design of its ammonia-fuelled carrier.
MOL expects rising demand for ammonia cargo transport as Japanese power plants increase ammonia consumption, it said in a statement on its website on Friday.
It projects ammonia demand in Japan to hit 3 million mt/year by 2030.
The vessel is being jointly developed by MOL, Namura Shipbuilding and Mitsubishi Shipbuilding.
ClassNK approved the vessel's design after carrying out a risk assessment.
"The carrier features larger cargo tanks than very large gas carriers (VLGCs) and very large ammonia carriers (VLACs), enabling low-emission transport and higher cargo capacity, while also using ammonia as fuel," MOL said.
