Stay ahead with the latest maritime insights — straight to your inbox with the MIS Newsletter.

Yara inks long-term deal for sustainable ammonia shipping

LinkedIn
Email
Yara inks long-term deal for sustainable ammonia shipping
Yara Clean Ammonia (YCA) has finalised a long-term shipping agreement with Navigator Amon Shipping for two vessels.

The pair of medium gas carriers (MGCs), each with a 51,000-cubic-metre capacity, are equipped with dual-fuel engines and ice-class certification.

According to Yara, these ships will provide dependable, year-round access to Northern Europe while facilitating the use of renewable and low-emission fuels.

Through these long-term time-charter agreements, YCA aims to develop resilient, efficient, and scalable intercontinental supply chains.

The vessels are expected to reduce freight costs per tonne, enhance profit margins, and increase operational flexibility.

Designed to meet rising demand and comply with stricter regulations, the new fleet will future-proof YCA’s shipping operations and strengthen its competitive position.

READ: GCMD drives biofuel transparency with tracer success

Hans Olav Raen, CEO of Yara Clean Ammonia, commented: “This contract is a logistical and cost-efficient way to move large volumes of ammonia to Europe, reducing operational bottlenecks and delivering economies of scale.”

Oeyvind Lindeman, Chief Commercial Officer at Navigator Gas, said: “Together, we are building the core infrastructure needed to facilitate the uptake of clean energy using technology that will enable compliance with present and future environmental regulations.”

André Risholm, CEO of Amon Maritime, added: “Partnering with industry leaders such as Navigator Gas and Yara Clean Ammonia allows us to realise this vision and bring ammonia-powered transportation into commercial operation. These vessels mark an important milestone in building a carbon-free future for global shipping.”

Recently, Hanwha Group unveiled a $5 billion infrastructure investment plan for Hanwha Philly Shipyard, supporting South Korea’s broader initiative to revitalise the US shipbuilding industry.

Weekly Email Newsletter

Sign up to our weekly email newsletter to receive the latest news from Maritime Information Services.
FREE

Partner With Us

Get seen by the right audience and turn visibility into valuable leads.

Webinar Series

Launch your next webinar with us and connect like never before.

Latest Stories

Cookie Policy. This website uses cookies to ensure you get the best experience on our website.