The Maritime and Port Authority of Singapore (MPA) and Yara International ASA join Joint Development Project, and partners announce the name of the expanded coalition – The Castor Initiative.
The green ammonia produced at the facility can be utilized by the agricultural sector as green fertilizer and by the shipping industry as a truly sustainable green fuel.
With government support worth 46,3 million NOK, a Norwegian partnership aims to build the world’s first green ammonia fueled tanker – to ship green ammonia.
The green ammonia is intended to be used in the production of carbon neutral fertilizer products, decarbonizing the food value chain, and also has potential as a future climate neutral shipping fuel.