Nine key shipping stakeholders have joined the Global Maritime Forum to issue a joint statement, committing to develop and implement “robust book and claim chain of custody systems” that will accelerate the uptake of new maritime fuels like ammonia.

Singapore-based Ocean Network Express has signed contracts with two ship-builders for construction of five ammonia-ready VLCCs each (ten total), to be delivered in 2025. In Japan, NYK Line, IHI Power Systems and ClassNK will develop, deliver and fuel an ammonia-powered tugboat for the City of Yokohama, with the vessel to be delivered and working in the port in 2024.