US EditionFortescue and CMB.TECH sign agreement for ammonia-powered ore carrier
- Fortescue and CMB.TECH agreed to charter an ammonia-powered Newcastlemax vessel, announced April 14, 2025, in Antwerp.
- Both companies share values and want to decarbonize the maritime industry with green ammonia.
- The 210,000-dwt Newcastlemax features a dual-fuel engine, enabling it to run on ammonia, and will transport iron ore.
- Fortescue Metals CEO Dino Otranto stated now is the time for shipowners to invest in ammonia-powered ships.
- The vessel delivery in late 2026 will help Fortescue reach its Net Zero Scope 3 emissions target by 2040.
13 Articles
13 Articles
Hastings Tribune
Fortescue and CMB.TECH sign agreement for ammonia-powered ore carrier
Antwerp, April 14, 2025 (GLOBE NEWSWIRE) -- CMB.TECH NV (NYSE: CMBT & Euronext: CMBT) (“CMB.TECH” or the “Company”) has signed an agreement with Fortescue to charter a new ammonia-powered vessel. This emphasises the commitment of both companies to decarbonise the…
Fortescue and CMB.TECH sign agreement for ammonia-powered ore carrier - CMB.Tech (NYSE:CMBT)
Antwerp, April 14, 2025 (GLOBE NEWSWIRE) -- CMB.TECH NV (NYSE:CMBT, Euronext: CMBT)) ("CMB.TECH" or the "Company") has signed an agreement with Fortescue to charter a new ammonia-powered vessel. This emphasises the commitment of both companies to decarbonise the shipping industry. This 210,000-dwt ammonia-powered Newcastlemax will feature a dual fuel engine and is expected to be delivered by the end of 2026. Fortescue and Bocimar, part of CMB.T…
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