Energy giantChevron and Angelicoussis Group are collaborating on ammonia shipping under a joint study agreement, according to a statement. The companies will explore how tankers can be used to transport ammonia, which is a potential lower carbon marine fuel. The first phase will involve a feasibility study to assess the market, the existing infrastructure, and safety considerations, and to determine the requirements for next generation ships and propose a system for transporting ammonia between the US Gulf coast and Europe. Future phases will have a more global outlook, according to the statement.

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