Groundbreaking time-charter agreed for ammonia-fueled carrier

Yara Clean Ammonia and Nippon Yusen Kabushiki Kaisha (NYK) have signed the world’s first time-charter agreement for an ammonia-fueled medium gas carrier. The vessel, set for delivery in November 2026, marks a key step in reducing emissions in the shipping sector.

Major step towards sustainable supply chain

This partnership, which began in 2021, aims to develop practical applications for ammonia-powered vessels and create a more sustainable supply chain as global demand for clean ammonia grows. Yara Clean Ammonia, operating the world’s largest ammonia network, continues strengthening its position in low-carbon shipping solutions. EMF holds a current portfolio of three VLAC’s – very large ammonia carriers – with expected delivery during 2027.