Fortescue and CMB.TECH Sign Milestone Charter for 12 Ammonia Bulkers
Up to three ships will enter service by end-2026, and the fleet could cut about 250,000 tonnes of carbon dioxide a year on green ammonia.
- On Monday, June 22, 2026, Fortescue signed a milestone agreement to charter 12 ammonia-capable Newcastlemax vessels from Bocimar, the dry bulk division of CMB.TECH, advancing shipping decarbonization.
- This charter agreement reinforces a long-standing Fortescue-Bocimar partnership focused on adopting green ammonia as a viable marine fuel for zero-emission shipping across long-distance bulk trade routes.
- The fleet comprises 12 Newcastlemax vessels of 210,000 dwt each; three will feature dual-fuel ammonia engines by end-2026, while nine are configured for future ammonia conversion.
- Fortescue Director Integrated Operations Katie Charuga said, "Green ammonia is one of the clearest pathways to reducing carbon dioxide emissions," while CMB.TECH CEO Alexander Saverys emphasized sector-wide decarbonization potential.
- The combined fleet could reduce about 250,000 tonnes of CO2 emissions annually if fueled by green ammonia; CMB.TECH will provide updates during Q2 2026 results on August 27, 2026.
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FORTESCUE AND CMB.TECH SIGN MILESTONE AGREEMENT FOR 12 AMMONIA BULKERS TO ACCELERATE ...
Antwerp, June 22, 2026 (GLOBE NEWSWIRE) -- CMB.TECH NV (“CMBT”, “CMB.TECH” or “the company”) (NYSE: CMBT, Euronext Brussels: CMBT and Euronext Oslo Børs: CMBTO) and Fortescue have signed a milestone agreement for the charter of up to 12 ammonia-capable vessels,…
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FORTESCUE AND CMB.TECH SIGN MILESTONE AGREEMENT FOR 12 AMMONIA BULKERS TO ACCELERATE ZERO-EMISSIONS SHIPPING
Antwerp, June 22, 2026 (GLOBE NEWSWIRE) -- CMB.TECH NV (“CMBT”, “CMB.TECH” or “the company”) (NYSE: CMBT, Euronext Brussels: CMBT and Euronext Oslo Børs:...
Fortescue to charter up to 12 ammonia-capable CMB.TECH Newcastlemax bulkers
In another indicator that ammonia-fueled vessels are becoming a reaity, Australian mining giant Fortescue and CMB.TECH have signed an agreement for the charter of up to 12 ammonia-capable dry bulk vessels Under The post Fortescue to charter up to 12 ammonia-capable CMB.TECH Newcastlemax bulkers appeared first on Marine Log.
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