The world's first commercial-use ammonia-fueled vessel, Sakigake, has successfully completed a three-month demonstration voyage, during which the vessel engaged in tugboat operations in Tokyo Bay and achieved a GHG-emission reduction of up to approximately 95%. The vessel was completed by Nippon Yusen Kabushiki Kaisha (NYK) and IHI Power Systems Co., Ltd. (IPS) on August 23, 2024, in cooperation with Nippon Kaiji Kyokai (ClassNK) as part of a Green Innovation Fund Project under Japan's New Energy and Industrial Technology Development Organization (NEDO). NEDO will continue to promote research and development of next-generation fuel vessels, including developing an ammonia-fueled ammonia gas carrier and working toward achieving carbon neutrality in the shipping industry. 1.