Japanese Mitsui OSK Lines (MOL) and Belgian CMB Tech (CMB) have entered into a partnership for joint ownership and leasing of nine groundbreaking newbuilds capable of running on ammonia.
The parties announced this in a press release on Monday.
According to MOL, the agreement includes three Newcastlemax bulk carriers with dual-fuel ammonia propuls...
Shipping giants on their way with nine groundbreaking ammonia-powered ships
A Japanese-Belgian partnership will build the industry's first ammonia-powered bulk and chemical ships for delivery in 2028-2029
The chemical tankers will be built at China Merchants Jinling Shipyard (Yangzhou) Dingheng, with planned delivery in 2028 and 2029. The newbuilds will be leased to MOL Chemical Tankers for 7-10 years. Illustration: Mitsui OSK Lines
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