Peninsula and ITOCHU Establish Joint Venture to Advance Ammonia Bunkering in Europe

AI Summary

Peninsula and ITOCHU Corporation have formed a joint venture, I&P Marine Ammonia Ltd., to accelerate ammonia marine fuel bunkering in key European ports as a next-generation zero carbon marine fuel. This initiative targets the adoption of hybrid global marine energy solutions in Europe.

Peninsula, the leading hybrid global marine energy supplier, today announces the establishment of I&P Marine Ammonia Ltd. (IPMA), a joint venture with ITOCHU Corporation, to accelerate the development of ammonia marine fuel bunkering across key European ports. IPMA has been created to promote the supply of ammonia as a next-generation zero carbon marine fuel, with ...