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Yara Clean Ammonia and Azane granted safety permit to build world's first low emission ammonia bunkering terminal [Yahoo! Finance]

Navigator Holdings Ltd. Ordinary Shares (Marshall Islands) (NVGS) 
Last navigator holdings ltd. ordinary shares (marshall islands) earnings: 4/2 04:01 pm Check Earnings Report
US:NYSE Investor Relations: navigatorgas.com/investor
Company Research Source: Yahoo! Finance
Oslo, 25 March 2024: The Norwegian Directorate for Civil Protection gave their approval to the construction of the planned ammonia bunkering facility at Fjord Base in Florø, Norway. The permit marks a significant milestone for enabling ammonia as a safe and low emission alternative to traditional shipping fuels. Ammonia is widely recognized as a low-emissions shipping fuel. Even though interest in ammonia as a decarbonized shipping fuel is high, the final leg of the journey, from the production plant to the vessel, has been missing. Now Yara Clean Ammonia, Azane and Fjord Base have demonstrated how the planned ammonia bunkering terminal can meet the strict safety requirement of the Norwegian Directorate for Civil Protection (DSB). The planned terminal consists of a floating stationary barge with a capacity of 1000 cubic meters, or 650 tons, of low-emission ammonia. The permit allows for up to 416 operations annually, many of these expected to be bunkering operations for offshore Show less Read more
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