News Release
To all members of the press
August 17, 2023
Tokyo Boeki Holdings Corporation

TB Global Technologies Ltd.

The First in Japan! Jointly developed vessel mountedBunkering Boom for Ammonia
TB Global Technologies Ltd. (Tokyo; Laurent Poidevin, President; hereinafter "TBG"), a groupcompany of Tokyo Boeki Holdings Corporation (Tokyo; Hideshige Tsubouchi, President), signed abasic agreement on 16th August with Nippon Yusen Kabushiki Kaisha (hereinafter “NYK”), Japan’slargest shipping company, to jointly develop bunkering boom for ammonia marine fuel.

~ We asked about your public relations needs. ~ We asked

The installation of a bunkering boom being developed by TBG on the Ammonia Bunkering Vessel

about your public relations needs.

(ABV) by NYK will greatly contribute to the safety and efficiency of fuel supply to ammonia-fueledKing Nisannh

ships. They are expected to become increasingly popular in the late 2020s in order to decarbonize
the shipping industry. This will be the first attempt to develop a bunkering boom for ammonia inJapan.
While operations with entirely byhoses tend to be less durable andreliable due to their sensitivity totorsion,thisbunkeringboomfeatures a combination of reliable
rigid pipes, swivel joints, and hoses
for safer and more efficient cargohandling

operations.

Itisalso

equipped with an Emergency Release
System
3D model of bunkering boom for ammonia

(ERS)

that

allowsquick

disconnection between vessels in theevent of an emergency. When the ERS is triggered, it is designed to minimize the leakage ofammonia into the sea.
Since ammonia does not emit carbon dioxide (CO2) when combusted, it is expected to be a nextgeneration marine fuel that contributes against global warming. Nevertheless, it is highly toxic, soleakage prevention when used as a marine fuel is essential.

3D model of an ammonia fuel supply ship

TBG will continue to contribute to the sustainable development of the energy society and provide
value to our stakeholders.

*NYK Company Profile
Nippon Yusen Kabushiki Kaisha
Head Office: Yusen Building, 2-3-2 Marunouchi, Chiyoda-ku, Tokyo
Representative: Takaya Soga, President
Website: https://www.nyk.com/english/

TB Global Technologies Ltd. HP https://www.tbgtech.co.jp/en/

For inquiries, please contact
Mayumi Sumita, Corporate Communications Office, Tokyo Boeki Holdings Corporation
27F Kyobashi Edogrand, 2-2-1 Kyobashi, Chuo-ku, Tokyo 104-0031, Japan
tel:03-6841-8334 fax:03-6841-8388 Mail:Sumita.Mayumi@tokyo-boeki.co.jp

About Tokyo Boeki GroupTokyo Boeki Group is an independent corporate group consisting of 16 companies, including TokyoBoeki Holdings Corporation (27F, 2-2-1 Kyobashi Edogrand, Chuo-ku, Tokyo; President: HideshigeTsubouchi), and 15 domestic and overseas operating companies with rich individuality, and it
celebrated its 75th anniversary since its establishment in 1947.

With the "spirit of management participated by all" as our core value, we aim to become a groupthat continues to provide new value to the world by synergistically enhancing the presence andcompetitiveness of the entire group while each group company conducts independent corporate
activities.
Tokyo Boeki Group will continue to innovate under a free and vigorous culture, without fear ofchange, and contribute to the realization and sustainability of a better society in which all
stakeholders can lead safe and secure lives, economies, and social activities.
https://www.tokyo-boeki.co.jp/