Trafigura and Yara to Collaborate on Ammonia as Shipping Fuel
07 Giugno 2021 - 8:30AM
Dow Jones News
By Dominic Chopping
Singapore commodity trading firm Trafigura Pte Ltd and Norwegian
fertilizer producer Yara International ASA said Monday that they
have signed a memorandum of understanding to collaborate on the
development and promotion of the use of ammonia as a clean fuel in
shipping.
Under the deal, the companies will collaborate on the supply of
clean ammonia by Yara to Trafigura group companies, explore joint
research and development initiatives for clean ammonia application
as a marine fuel, and develop new clean ammonia assets including
marine fuel infrastructure and market opportunities.
Financial terms of the deal weren't disclosed.
Write to Dominic Chopping at dominic.chopping@wsj.com
(END) Dow Jones Newswires
June 07, 2021 02:29 ET (06:29 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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