NYK Line, Japan Engine Corporation, IHI Power Systems Co., Ltd., and Nihon Shipyard Co., Ltd. (i.e., “the Companies”) are pleased to announce that Japan’s New Energy and Industrial Technology Development Organization (NEDO) has approved the Companies’ participation in a demonstration project for the commercialization of vessels equipped with a domestically produced ammonia-fueled engine as part of the Green Innovation Fund project.*
The demonstration project, which is scheduled to begin in...