Amogy has announced an investment from and strategic partnership with Kinetics, a London-based energy company dedicated to cleaner, flexible energy systems.
While NYK has experience with STS transfers involving crude oil, liquefied natural gas (LNG), and liquefied petroleum gas (LPG), this marks the first operation involving liquefied ammonia.
ClassNK, along with IHI Corporation, JFE Steel, Tohoku University and the Institute of Science Tokyo, have been selected to work on tools assessing stress corrosion cracking (SCC) risks in ammonia fuel storage and transportation equipment.
Since ammonia has a high specific gravity, VLAC cargo tanks and hulls need to be reinforced, and the vessels will have a deeper draught when fully loaded.
Mitsubishi Shipbuilding Co. has jointly developed a large ammonia carrier that uses ammonia as fuel, in collaboration with MOL and Namura Shipbuilding Co., Ltd.