U-Ming Singapore and Itochu to own and operate ammonia dual-fuel bulkers

The Singapore arm of Taiwanese shipowner U-Ming Marine Transport has signed a memorandum of understanding (MoU) with Japanese trading house Itochu for jointly owning and operating ammonia dual-fuel bulk carriers. The MoU signing is part of Itochu’s project which aims to lower greenhouse gas emissions by developing ammonia dual-fuel ships and establishing a global ammonia …

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