Enaex and NYK Group’s NBP Jointly Explore Low-Carbon Ammonia Supply for Transport of Copper Products from Chile to Far East

2024.2.21

Enaex S.A., a Chilean ammonium nitrate producer, and NYK Bulk & Projects Carriers Ltd. (NBP), a member of the NYK Group, signed a memorandum of understanding (MoU) in January to jointly research the feasibility of supplying low-carbon ammonia to ammonia-fueled ships. NBP will build 10 to 15 ammonia-fueled Handymax* bulkers in the late 2020s and beyond to transport copper products from Chile to the Far East for Corporación Nacional del Cobre de Chile (CODELCO), a world-leading copper producer. In the future, Enaex and NBP will work out the details to supply low-carbon ammonia to the vessels at Enaex’s Mejillones ammonia terminal in the Antofagasta region of northern Chile.

The MoU was signed at Enaex’s headquarters in Santiago, Chile, in the presence of Juan Andrés Errázuriz Domínguez, CEO of Enaex, Hitoshi Nagasawa, chairman of NYK, and Masashi Suda, president of NBP.

MoU signing ceremony in Santiago, Chile
From fourth left, Masashi Suda, President of NBP;
Juan Andrés Errázuriz Domínguez, CEO of Enaex;
Hitoshi Nagasawa, Chairman of NYK;
and Felipe González, senior vice president of Logistics & Distribution at CODELCO

  

Company Overviews
Enaex S.A.
Headquarters: Santiago, Chile
Representative: Juan Andrés Errázuriz Domínguez, CEO
Website: https://www.enaex.com/cl/us

NYK Bulk & Projects Carriers Ltd.
Headquarters: Tokyo, Japan
Representative: Masashi Suda, President
Website: https://nbpc.co.jp/en/

Nippon Yusen Kabushiki Kaisha (NYK)
Headquarters: Tokyo, Japan
Representative: Takaya Soga, President
Website: https://www.nyk.com/english/

  

Bulkers (bulk carriers) transport large quantities of resources such as iron ore, coal, grain, cement, salt, and copper concentrates without packing. They are classified into four major categories in order of size: Capesize, Panamax, Handymax, and Handysize.

  

<Related Press Release>
Announcement on November 25, 2022:CODELCO and NYK Bulk Projects to Jointly Study Decarbonized Transportation of Copper Products – NYKバルク&プロジェクト | NYK Bulk & Projects Carriers Ltd (nbpc.co.jp)
Announcement on November 25, 2022:CODELCO and NYK Bulk Projects to Jointly Study Decarbonized Transportation of Copper Products – NYKバルク&プロジェクト | NYK Bulk & Projects Carriers Ltd (nbpc.co.jp)