Mitsui OSK Lines is moving forward with its design for an ammonia-powered large size bulker.

Shipping giant and trading house Mitsui & Co has secured approval in principle for the design of a “highly versatile” 210,000-dwt ammonia-powered newcastlemax from classification society ClassNK.

“Amid the trend toward decarbonisation, global interest in ammonia as a next-generation clean energy source is growing, and the maritime industry is accelerating its efforts to strategically utilise it as a fuel,” said MOL.