AFAGC will use ammonia as its main fuel, in addition to an ammonia floating storage and regasification barge (A-FSRB).
The partners will focus on the research and the development of a liquefied ammonia gas carriers, with the aim of contributing to the early realization of zero emissions for oceangoing vessels.
According to their statement
In this joint R&D project, we will be engaged in the R&D of a barge that is equipped with a floating storage and regasification facility exclusively for ammonia for the first time in the world.
They expect that through this project they will contribute to the early introduction of ammonia fuel by utilizing the barge as an alternative to land facilities (storage tanks, regasification facilities, etc.) for the stable supply of ammonia fuel.
Ammonia is expected to be used as an alternative fuel for vessels. As demand for ammonia fuel is foreseen to expand, the need for a transportation infrastructure for stable supply is expected to increase. Thus, the companies have decided to start this joint R&D of AFAGC and A-FSRB.