Norwegian companies OSM Thome and Pherousa Green Shipping AS have entered into a Letter of Intent outlining their collaboration on a series of 63000 dead weight (dwt) Ultramax vessels to be ordered by PGS, the PGS announced ON 22 August .These vessels are designed by Deltamarin in Finland. The initial ship design is derived from an existing Deltamarin Ultramax model, but it has been modified to include the ammonia cracking technology developed by Pherousa Green Technologies AS (PGT). This technology employs ammonia as a hydrogen carrier, facilitating true zero-emission propulsion. The collaboration involves Phases I, II, and III, encompassing Drawing Approval, Project Development, and Site Supervision for six 63000 dwt Ultramax Bulk Carriers. Furthermore, OSM Thome will manage the crew and technical management of the constructed vessels.
Press release http://www.pherousa.no/news.html