Yara Clean Ammonia and NYK Conclude World’s First Time-Charter Agreement

[By: Yara Clean Ammonia]

Yara Clean Ammonia, the world’s largest ammonia distributor, signed a time-charter contract with Nippon Yusen Kabushiki Kaisha (NYK) for an ammonia-fuelled medium gas carrier (AFMGC) to be delivered in November 2026.

“Our successful collaboration with NYK enables us not only to comply with future regulations related to CO2 emissions from sea-going vessels but also helps us to ensure that our customers can receive carbon-intensity compliant clean ammonia throughout our supply chain from well to wake,” says Murali Srini…