Komori
Iino Kaiun (9119) · InitiativeAdvanced

Ordering ammonia carriers for conversion to ammonia-fueled vessels

First written in FY2022-Q2. 1 of 3 entries say "Restated". Latest entry: FY2025.

3entries
5years
0from disclosures
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ProgressHeldSoftenedWorseFirst statedFY2022-Q2 – FY2023-Q32021: 12022: 020222023: 120232024: 020242025: 12025
Same theme, other companies
Commercialization of Ammonia Transportation Business and Fleet DevelopmentA theme 2 companies write about · 0 as a headwind · 2 as a tailwind

1 other company's latest entry also says "Advanced".

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Full recordFilings, disclosures and news, newest first
  1. FY2025AdvancedAnnual report

    「February 2024: GAS INNOVATOR, the world’s first ammonia carrier designed and built with basic certification for conversion to ammonia-fueled operation by the American Bureau of Shipping (ABS), the U.S. classification society, was completed. (17,945 deadweight tonnes)」

    The world’s first ammonia carrier, which had been at the ordering stage for conversion to ammonia-fueled operation, was completed in February 2024.
  2. FY2023-Q3RestatedAnnual report

    「Market conditions surrounding the Group's shipping business were strong compared with the previous fiscal year. Conditions for dry bulk carriers, however, softened toward the end of the third quarter, while chemical tankers and large gas carriers, the Group's core vessel types, remained at high levels amid changes in maritime logistics stemming from the situation in Ukraine and other factors.」

    There is no new disclosure regarding the ordering initiative itself to enable conversion to ammonia-fueled operation; the filing describes conditions in the related shipping market.
  3. FY2022-Q2First statedAnnual report

    「As part of its sustainability initiatives, the company ordered the world's first ammonia carrier to receive basic certification from the American Bureau of Shipping for conversion to ammonia fuel, for a newly concluded time charter contract.」

    As part of its sustainability initiatives, the Company ordered the world’s first ammonia carrier designed and built with basic certification for conversion to ammonia-fueled operation, for a newly concluded time charter contract. Although related to its existing next-generation business and environmental-impact reduction initiatives, this filing is the first to explicitly mention the ammonia carrier.
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Iino Kaiun's next results are scheduled for 2026-11-05. Read the earnings preview
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