Singapore-based Fratelli Cosulich Bunkers has signed a Memorandum of Understanding with Nantong Cimc Sinopacific Offshore & Engineering for building a bunker tanker for transporting and supplying ammonia to ships.
According to the group, ammonia has great potential as a carbon-neutral marine fuel. In a press note the Italian company said it was ready to work with interested parties to overcome any safety issues.
The agreement with CIMC was reached less than a year after the joint development project began with Rina and SeaTech.
Translation by Giles Foster
