August 19, 2025
Mitsui O.S.K. Lines (MOL), Ltd. announced on 19 August the conclusion of a joint development agreement with ITOCHU Corporation (ITOCHU) for ammonia bunkering demonstrations.
According to the statement, MOL and ITOCHU will collaborate on joint development initiatives with the aim to carry out the demonstration of ship to ship ammonia bunkering in Singapore by utilizing their owned ammonia bunkering vessel and ammonia dual-fuel Capesize bulkers.
Through the demonstrations which is planned to be carried out in the second half of 2027, MOL and ITOCHU aim to promote the early implementation of ammonia bunkering vessels and ammonia-fueled vessels.
As stated, MOL will jointly own three ammonia dual-fuel Capesize bulkers with Belgium-based CMB.TECH NV, which are scheduled to be delivered by China State Shipbuilding Corporation’s Qingdao Beihai Shipbuilding Co., Ltd. between 2026 and 2027. These vessels will be the world’s first ammonia dual-fuel Capesize bulkers, and chartered by MOL.
Furthermore, ITOCHU ordered the world’s first newbuilding 5,000 m3 ammonia bunkering vessel in June 2025. The vessel will be built by Sasaki Shipbuilding Co., Ltd. in Japan, which is to be flagged under the Singapore Registry and is scheduled to be delivered in 2027.
