Tankers

MPA, Yara International join ammonia-fuelled tanker joint development project

Baird Maritime

Ammonia-fuelled tanker joint development project (JDP) consortium members MISC, Lloyd's Register (LR), Samsung Heavy Industries (SHI), and MAN Energy Solutions (MAN) have welcomed the Maritime and Port Authority of Singapore (MPA) and Norwegian chemical company Yara International (Yara) as its newest partners.

Under the expanded coalition, which will now be known as the Castor Initiative, Yara will work alongside MISC, LR, SHI, and MAN to develop ammonia propulsion ships to support the maritime industry's drive to decarbonisation.

In addition, the consortium will be able to tap onto MPA's experience as a bunkering hub and flag state to gather insights on safety issues and ammonia bunkering procedures, and gain access to research capabilities in Singapore.