NYK Line, IHI Power Systems Co., Ltd., and Nippon Kaiji Kyokai (ClassNK) (i.e., “the Parties”) have signed a memorandum of understanding (MoU) with City of Yokohama for the acceptance of an ammonia-fueled tugboat (A-Tug) at the port of Yokohama.
The conclusion of this MoU is part of the Green Innovation Fund project within Japan’s New Energy and Industrial Technology Development Organization (NEDO) for the development of vessels equipped with a domestically produced ammonia-fueled engine,...