Japanese shipping line Nippon Yusen Kaisha (NYK) has reached a basic agreement with three other partners for the marine transport of green ammonia to Japan.
NYK partnered with Kyushu Electric Power Company, Sojitz Corporation, and a wholly owned subsidiary of Sembcorp Industries, Sembcorp Green Hydrogen.
Sembcorp will be in charge of producing competitively priced green green ammonia in India. NYK, meanwhile, will handle the maritime transportation to Japan. Sembcorp said it currently has a 4.7GW renewable energy portfolio in India.
In June, Kyushu Electric, Sojitz, and Sembcorp reached a basic agreement to supply green ammonia produced in this project to various industrial customers in Japan, primarily in the Kyushu region.
The agreement with NYK is based on the premise that approximately 200,000 metric tonnes of green ammonia will be produced annually through this project and transported to the Kyushu region meeting end-user demand using its experience and knowledge in the marine transport of ammonia.
NYK stated that it would continue to contribute to establishing supply chains of next-generation energy such as ammonia in the Kyushu region and elsewhere in Japan through marine transport.