Japan’s Mitsui OSK Lines (MOL) and Belgium’s CMB.TECH have partnered up to jointly own and charter nine landmark newbuildings that can run on ammonia fuel.
The Tokyo-based shipping giant said the deal with its Antwerp-headquartered peer covers three ammonia dual-fuel capsize bulkers, and six chemical tankers, two of which will be ammonia dual-fuel, while the remaining four will be ammonia-ready.
These will be the world’s first ammonia dual-fuel capes and chemical tankers, MOL said in a release on Monday.
The capesize trio will be built at CSSC Qingdao Beihai Shipbuilding and delivered between 2026 and 2027.
The chemical tankers will be constructed at China Merchants Jinling Shipyard (Yangzhou) Dingheng, with delivery scheduled for 2028 and 2029. The newbuilds will be chartered by MOL Chemical Tankers.
