Yara Clean Ammonia signs charter agreement for two ammonia dual-fuel newbuilds

Norwegian firm Yara Clean Ammonia (YCA) has signed a long-term charter agreement with Navigator Amon Shipping for two new ammonia-capable gas carriers.

IMAGE: STS ammonia transfer between Navigator Global and the Green Pioneer at the outer anchorage of Port Dampier. Yara Clean Ammonia

Navigator Amon Shipping is a joint venture between UK-based Navigator Holdings (Navigator Gas) and Norway’s Amon Maritime.

The 51,000-cbm capacity dual-fuel vessels will be able to operate on ammonia as well as conventional fuels.

“They will provide reliable, year-round access to Northern Europe while enabling the use of renewable and low-emission fuels,” YCA added.

The gas carriers will be built by China’s Nantong CIMC Sinopacific Offshore & Engineering, with delivery scheduled for June and October 2028, Navigator Holdings said earlier.

They will be designed to carry both liquefied ammonia and liquefied petroleum gas.

“This contract is a logistical and cost-efficient way to move large volumes of ammonia to Europe,” said Hans Olav Raen, chief executive officer of YCA.

By Aparupa Mazumder

Please get in touch with comments or additional info to news@engine.online