From GlobeNewswire: 2025-04-14 00:26:00

CMB.TECH NV has signed an agreement with Fortescue to charter a new ammonia-powered vessel, emphasizing a commitment to decarbonize the shipping industry. The 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.TECH, have also signed an agreement for an ammonia-powered Newcastlemax vessel, highlighting a push towards zero-emission fuels. Fortescue has taken a leadership position in advocating for the early adoption of green ammonia as a marine fuel. The Fortescue Green Pioneer, the world’s first dual-fuel ammonia-powered vessel, will embark on a global tour to raise awareness for zero-emission fuels. The CEOs of Fortescue Metals and CMB.TECH expressed excitement about the agreement and the future of green ammonia as a marine fuel.

Fortescue is a technology, energy, and metals group aiming to accelerate the commercial decarbonization of industry globally. By 2030, they plan to have their Australian iron ore operations running on green energy, achieving Real Zero Scope 1 and 2 terrestrial emissions. Fortescue’s Energy business is focused on developing renewable green hydrogen and green ammonia projects. CMB.TECH is a maritime group with a diverse fleet of seagoing vessels and a focus on hydrogen and ammonia fuel. The company is listed on Euronext Brussels and NYSE under the ticker symbol CMBT.



Read more at GlobeNewswire: Fortescue and CMB.TECH sign agreement for ammonia-powered