Nippon Yusen Kabushiki Kaisha (NYK), its R&D division MTI and Finnish maritime consulting and engineering firm Elomatic Oy have launched the development of a concept design for an ammonia-fuel-ready LNG-fuelled vessel (ARLFV)
The ARFLV is a design which can be converted to a ship using ammonia as a marine fuel once its supply is ready. ARLFV is set as a ’Next Bridge Solution’ to cover the transition of the marine fuel from LNG to ammonia.
The development of a concept design is being conducted by the NYK Group and Elomatic between September 2021 and January 2022 to identify and explore challenges to the actual design and construction of the ARLFV.
Results will be released via video with accompanying 3D models in January 2022 at the time of the project’s completion.
LNG fuel is seen as a bridge between conventional heavy fuel oils and possible marine fuels of the future like ammonia and hydrogen. NYK Group is also part of a project examining the safe use of ammonia as a marine fuel that aims to launch zero-emissions ships that run on such low-environmental-load marine fuels as ammonia or hydrogen in future.
NYK Group is upgrading the company fleet by using LNG to achieve NYK’s mid- and long-term environmental targets. The Group is aiming to further integrate ESG into its management strategy and promotes activities that contribute to the achievement of sustainable development goals through business activities.
NYK Line has signed two sustainability-linked loan agreements worth US$840M, aligned with the loan principles set forth by the Loan Market Association. The decade is poised to see a rise in green financing with more and more shipping companies turning to ESG investors to meet their liquidity requirements.
Riviera Maritime Media will provide free technical and operational webinars in 2021. Sign up to attend on our events page