JERA Signs World's First Long-Term VLGC-Size Ammonia Carrier Charters

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โดย Rigzone·Read original
Summary · why it matters

JERA has signed time charter agreements with Mitsui OSK Lines and NYK Group for four fuel ammonia tankers, marking what the company calls the world's first long-term deployment of VLGC-size carriers for ammonia transportation. Under the deals, MOL and NYK will each provide two vessels to support the Blue Point Project in Louisiana, a $4 billion ammonia production facility with a nameplate capacity of 1.4 million metric tons per year that is targeted to start production in 2029. The ammonia will be used at JERA's Hekinan Thermal Power Station in Japan to enable commercial-scale ammonia co-firing with a 20 percent heat value ratio. The MOL carriers, to be built by Kawasaki Heavy Industries, are scheduled for delivery in the first half of 2027.

Impact on stocks 5

Industrials▲ · 2 stocks
Nippon Yusen Kabushiki Kaisha
9101
▲ PositiveDemandrelevance

NYK Group will provide two ammonia carriers for JERA's Blue Point Project, securing long-term charter revenue.

Mitsui O.S.K.Lines,Ltd.
9104
▲ PositiveDemandrelevance

Mitsui O.S.K. Lines will provide two ammonia carriers for JERA's Blue Point Project, securing long-term charter revenue.

Energy Transition & Power Demand▲ · 2 stocks
Climate Adaptation & Water▲ · 1 stocks

Theme Impact 2

Off-coverage companies 1

JERAPrivate▲ Positive
Supplyrelevance

JERA secures long-term ammonia transport for its Blue Point Project, enabling fuel supply for co-firing at Hekinan power station.

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