Yara to charter ammonia-capable gas carrier from NYK Line

Norwegian ammonia producer Yara Clean Ammonia has signed a time-charter agreement with Japanese shipping firm Nippon Yusen Kabushiki Kaisha (NYK) for an ammonia-capable medium gas carrier.

PHOTO: Ammonia-capable gas carrier. Yara Clean Ammonia

The 40,000-cbm vessel will be delivered in November next year.

This is the "world's first" time-charter agreement for an ammonia-capable gas carrier, Yara said.

Delivering ammonia using an ammonia-powered vessel will help Yara's customers receive "carbon-intensity compliant clean ammonia throughout our supply chain from well to wake,” Murali Srinivasan, senior VP at Yara Clean Ammonia said.

By Konica Bhatt

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