Tag: Signed
“K” Line: Memorandum of Understanding Regarding the Joint Development of Ammonia-Fueled Bulk Carriers Signed
Kawasaki Kisen Kaisha, Ltd. (“K” LINE), announced today that, together with ITOCHU Corporation(“ITOCHU”), Nihon Shipyard Co., Ltd., MAN Energy Solutions (MAN), Mitsui E&S Co., Ltd., and NS United Kaiun Kaisha, Ltd. have signed a memorandum of understanding (MOU) regarding joint development efforts for the commercialization of ammonia-fueled ships. Ammonia is advancing as a key zero-emission…
MOL and Petrobras signed a CTV Time Charter Contract and MoU to Start Negotiations on Newbuilding CTV- Reducing CO2 Emissions and Costs Offloading Crude Oil from Sub-bed Oil Fields
Mitsui O.S.K. Lines, Ltd. announced that its wholly owned subsidiary, SeaLoading Holding AS, which owns and operates cargo transfer vessels (CTVs) , has signed a charter contract for the CTV SeaLoader 2 with Petroleo Brasileiro S.A. (Petrobras), a Brazilian state-owned oil company. The two companies have also decided to enter into negotiations for a new…
NYK: Contracts Signed for Construction of Ammonia-Fueled Ammonia Gas Carrier
In December 2023, Nippon Yusen Kabushiki Kaisha (NYK), Japan Engine Corporation, IHI Power Systems Co., and Nihon Shipyard Co., Ltd. signed a series of contracts to construct the world’s first ammonia-fueled medium gas carrier (AFMGC) equipped with Japan-made engines. The completion of the vessel will be a significant step toward the realization of decarbonization in…
MOL Signed MOU with Hy2gen Deutschland for Jointly Study the Use of e-methanol
Mitsui O.S.K. Lines, Ltd. has signed a memorandum of understanding with HY2GEN Deutschland GmbH (Hy2gen Deutschland ; Managing Director: Mr. Matthias Lisson) regarding the use of e-methanol. Hy2gen Deutschland is planning to produce e-methanol in a project in Lower Saxony, Germany , starting in 2028. Both companies are considering using it as a marine fuel…
