K Line, ITOCHU and partners join forces on ammonia-powered bulkers
NewsJapanese industry majors K Line, ITOCHU, Nihon Shipyard, Mitsui E&S Co., NS United Kaiun Kaisha, and German MAN ES, to commercialize ammonia-fueled bulkers.
Fuelled by petro-dollars resulting from the now consistently high crude oil prices, the heavy lift shipping market is seeing a spate of newbuildings, new entrants and mergers.
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