Singapore's Jurong Port has joined the Castor Initiative, a coalition of high-profile shipping industry players who intend to commercialise the development of the world's first ammonia-fuelled tanker by 2024.
The port operator joins MISC Berhad, Lloyd’s Register (LR), Samsung Heavy Industries (SHI), MAN Energy Solutions, the Maritime and Port Authority of Singapore (MPA) and Yara International in a move that the coalition says will now give it an even wider and diverse circle of maritime expertise.
