CLASSNK has awarded Mitsui O.S.K. Lines an approval in principle for a design of a floating storage and regasification unit for ammonia.

MOL and Mitsubishi Shipbuilding jointly developed the FSRU.

The approval in principle gives MOL further assurances in its design and development of the FSRU, which enables the large-scale of storage and distribution of seaborn ammonia.

MOL expects to contribute to develop ammonia value chain as an alternative carbon neutral fuel.

FSRUs are designed to receive liquified gas at sea before vaporizing it and sending it to shore.

In applying for this approval in principle, MOL, along with ClassNK and Mitsubishi Shipbuilding, conducted a hazard identification study and identified hazards and their risks to be considered in the design of the ammonia FSRU.