Japan's Itochu to build "world's first" new ammonia bunkering vessel

Japanese trading house Itochu has signed contracts to build a new 5,000-cubic-metre ammonia bunkering vessel, which it describes as the world's first. The contracts were signed through Itochu's Singapore-based subsidiary, Clean Ammonia Bunkering Shipping (CABS).

The vessel will be built by Sasaki Shipbuilding, with Izumi Kogyo contracted to manufacture the ammonia tank plant. CABS has also concluded a loan agreement with Hiroshima Bank to fund the vessel's construction.