Yara Clean Ammonia Switzerland SA has signed the world’s first time-charter contract with NYK for an ammonia-fuelled medium gas carrier.

The 40,000m³ vessel is scheduled for delivery in November 2026 and represents a crucial step in reducing greenhouse gas emissions from shipping while supporting the growing demand for ammonia in power generation and as a marine fuel.

The vessel, which will sail under the Japanese flag, is the result of a collaborative study initiated in 2021 between Yara Clean Ammonia, a subsidiary of the world’s largest ammonia distributor, and NYK. The agreement underscores a shared commitment to developing sustainable shipping solutions and advancing the commercial viability of ammonia as a zero-carbon fuel.