MOL and NYK seal ammonia carrier charters with JERA

AI Summary

Japan's two largest shipping lines, Mitsui OSK Lines (MOL) and Nippon Yusen Kaisha (NYK), have signed long-term charters with JERA for four very large gas carriers to transport low-carbon ammonia from the US to Japan under the Blue Point ammonia project.

Japan’s two largest shipping lines have signed long-term charter deals with JERA for four very large gas carriers to transport low-carbon ammonia from the US to Japan. Mitsui OSK Lines (MOL) and Nippon Yusen Kaisha (NYK) have each fixed two 87,000 cu m VLGCs to JERA under contracts tied to the Blue Point ammonia project …