Japan, March 14 -- Mitsui O.S.K. Lines, Ltd. (MOL) announced that a large-size ammonia-powered ammonia carrier, under joint development by MOL, Namura Shipbuilding Co., Ltd. and Mitsubishi Shipbuilding Co., Ltd. since 2021, has received Nippon Kaiji Kyokai (ClassNK) approval in principle (AiP) for its ammonia fuel compatible design.The companies are developing the vessel in anticipation of wide use of ammonia as a zero-carbon fuel and hydrogen carrier, and in response to further demand for ammonia fuel transitions in power plants. The carrier features larger cargo tanks than very large gas carriers (VLGCs) and very large ammonia carriers (VLACs), enabling low-emission transport and higher cargo capacity, while also using ammonia as fuel. In...