Fortescue 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.
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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…
Port of Rotterdam pilots safe bunkering of ammonia
The Port of Rotterdam has completed its first ship-to-ship ammonia bunkering pilot, marking a key step in preparing for ammonia-fuelled vessels expected from 2026 or 2027. The pilot involved the transfer of 800 cubic metres of liquid ammonia—cooled to -33°C—between two vessels over a period of 2.5 hours at the Maasvlakte 2 APM terminal. According […] The post Port of Rotterdam pilots safe bunkering of ammonia appeared first on Port Technology In…
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