With ammonia being seen as a future fuel, Japan’s Mitsui OSK Lines (MOL) has re-entered the ammonia transport business with a 2010-built gas carrier and inked a time-charter deal with a leading trader of the commodity
Under a time-charter with US-based ammonia trader Trammo, MOL will deploy 35,000-m3 ammonia/LPG carrier Green Pioneer (ex Gaschem Hamburg). This marks the return of MOL to the ammonia transport business following its exit in 2016.
With an overall length of 173.4 m, beam of 28 m and draught of 10.4 m, Green Pioneer was built by South Korea’s Hyundai Mipo shipyard, with a single Hyundai-MAN
B&W 6S50MC-C7 main engine producing 9,460 kW of propulsion power. Green Pioneer is managed by MOL Tankship Management.
Widely used as a raw material for fertilser, ammonia has also drawn attention as a next-generation clean fuel, which generates zero CO2 emissions when it burns, and as a ’hydrogen carrier’ that enhances the efficiency of hydrogen transport.
The move by MOL is not surprising given its previous future fuel interests. Along with Total and Pavilion Energy, MOL recently joined a study led by trading giant Itochu Corporation and Vopak Terminals probing the potential of ammonia as a bunker fuel. Itochu said the three partners will contribute their expertise and experience in the segment and are engaging in LNG bunkering business in Singapore.
Ammonia will build on the Japanese shipping giant’s energy transition portfolio. MOL has the world’s largest LNG fleet, and is involved in LNG value chains through its LNG-to-powership partnership KARMOL Powership and floating storage and regasification unit businesses.
Riviera Maritime Media has produced a number of free webinars on the topic of ammonia as a future fuel. Please visit our webinar library to view the webinars.