Image for representation purposes only ITOCHU Corporation (headquartered in Minato-ku, Tokyo; Keita Ishii, President & COO; hereinafter “ITOCHU”) announced that the Maritime and Port Authority of Singapore (MPA) has granted authorisation to ZETA Bunkering Pte. Ltd. (hereinafter “ZETA”), a wholly owned subsidiary of ITOCHU, to conduct ammonia bunkering trials in Singapore (hereinafter “Authorisation”). The Authorisation was granted following MPA’s review of ZETA’s submissions, which included comprehensive safety studies, risk assessments, and business plans for ammonia bunkering in Singapore. The ammonia bunkering trials to be conducted under this Authorisation will serve to verify the technical readiness, operational protocols, infrastructure, and technologies, to assess and inform the development of safe and environmentally sustainable ammonia bunkering practices in Singapore. The Authorisation was issued on April 27, 2026, and will become effective on May 15, 2026, for a trial period up to two years subject to MPA’s prevailing regulatory framework In June 2025, as part of ITOCHU’s integrated project for developing and owning of ammonia-fuelled vessels and the establishment of a global supply chain for ammonia as marine fuel (hereinafter “Integrated Project”), ITOCHU placed an order for the world’s first newbuilding ammonia bunker vessel, through Clean Ammonia Bunkering Shipping Pte. Ltd., a wholly owned subsidiary of ITOCHU, being constructed by Sasaki Shipbuilding Co., Ltd. (which will be flagged under the Singapore Registry of Shipping and is expected to be delivered in September 2027).* The Authorisation will accelerate ITOCHU’s initiatives to decarbonise international shipping. Specifically, ITOCHU plans to conduct demonstration trials (hereinafter “Demonstrations”) in collaboration with Mitsui O.S.K. Lines, Ltd. (hereinafter “MOL”), supplying ammonia fuel from the ammonia bunker vessel to dual-fuel Capesize bulkers, jointly owned by CMB.TECH NV (Belgium)