NYK invests in ammonia as fuel of the future

A shipping line more heavily invested than most in ammonia as a future fuel has outlined plans to develop a bunkering boom for the gas. Nippon Yusen Kaisha (NYK) and TB Global Technologies, Japan’s top manufacturer of cargo handling equipment for crude oil, liquefied natural gas (LNG), and other liquids, have signed a basic agreement to jointly develop Japan’s first bunkering boom for ammonia.

TBG will receive from NYK data related to the development of its ammonia bunkering vessel. NYK will also share with TBG the knowledge gained from Japan’s first LNG bunkering vessel, Kaguya, which is operated by Central LNG Marine Fuel Japan Corporation, an NYK affiliate.

A bunkering boom is a device consisting of rigid pipes and hoses that connect a bunkering vessel to the other vessel to supply fuel.