Joint R&D agreement to develop ammonia FSRB
Impression of the A-FSRB (Source: NYK)
Japanese shipping group NYK Line and a consortium involving Japan’s Nihon Shipyard, classification society ClassNK, and industrial group IHI Corporation (IHI), have signed a joint research and development agreement for the commercialisation of an ammonia floating storage and regasification barge (A-FSRB).
The consortium has agreed to joint work on the development of a new type of barge equipped with a floating storage and regasification facility for ammonia. Since ammonia does not emit carbon dioxide when combusted, it is expected to be a next-generation fuel that contributes to global warming countermeasures.
In Japan, technological development is underway for ammonia fuel mixed combustion power generation at coal-fired power plants as an innovative next-generation thermal power generation technology that contributes to the reduction of carbon dioxide emissions.
The A-FSRB will be an offshore floating facility that can receive and store ammonia that has been transported via ship as a liquid. It will then warm and regasify ammonia according to demand, and then send it to a pipeline onshore. An A-FSRB aims to offer the advantages of shorter construction time and lower costs in comparison to construction of onshore storage tanks and regasification plants.
