Idan Ofer’s Eastern Pacific Shipping has signed a preliminary contract to order one or more gas carriers from Hyundai Heavy Industries which will be the first to use a new dual-fuel ammonia engine.
Ofer’s team hope that it is an initiative alongside an ammonia bunkering trial in Singapore that will help catalyse the use of the low-carbon fuel.
The memorandum of understanding was signed during Posidonia in Greece on Monday to build the new class of tankers capable of carrying LPG and ammonia, markets where the company already has a strong position.