MPA, Yara join ammonia-fuelled tanker initiative
February 23, 2021,
by
Naida Hakirevic
The Maritime and Port Authority of Singapore (MPA) and Norwegian fertilizer company Yara International ASA have joined the ammonia-fuelled tanker project launched a year ago.
In January 2020, Malaysia’s shipping group MISC Berhad, South Korean shipbuilder Samsung Heavy Industries (SHI), UK’s classification society Lloyd’s Register (LR) and Germany’s engine manufacturer MAN Energy Solutions decided to work together on the joint development project (JDP).
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Now, the JDP partners also unveiled the name of the expanded coalition – The Castor Initiative.
“This JDP has come a long way since our inception in January 2020 and it now stands complete as The Castor Initiative… We are certainly excited with the expansion of the alliance and look forward to unlocking new possibilities to accomplish our GHG aspirations ahead of 2050 together with MPA and Yara,”