Japan, Jan. 29 -- Toyo Engineering Corporation (President and CEO Eiji Hosoi, TOYO), and MODEC, Inc. (President Hirohiko Miyata, MODEC) have jointly obtained an Approval in Principle (AiP) from the American Bureau of Shipping (ABS) for their innovative Blue Ammonia*¹ Floating Production Storage and Offloading (FPSO) facility.This Blue Ammonia FPSO is designed to produce, store, and offload blue ammonia by utilizing associated gas that has traditionally been reinjected into reservoirs without specific applications. In addition to capturing CO? emissions generated during the conversion of associated gas into ammonia (NH?), the facility is also equipped with systems to capture CO? emissions from gas turbine generators (GTG). This comprehensive...