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FORTESCUE AND CMB.TECH SIGN MILESTONE AGREEMENT FOR 12 AMMONIA BULKERS TO ACCELERATE ZERO-EMISSIONS SHIPPING

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 global 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.
  • Nine of the 12 Newcastlemax vessels, each 210,000 dwt, are configured for future ammonia conversion, while three ships will feature dual-fuel ammonia engines by end-2026.
  • Fortescue Director Integrated Operations Katie Charuga stated, "Green ammonia is one of the clearest pathways to reducing carbon dioxide emissions," signaling sector commitment to decarbonization.
  • Operating 12 ammonia-capable vessels could reduce approximately 250,000 tonnes of CO2 emissions annually; CMB.TECH will provide further shipping updates during Q2 2026 results on August 27, 2026.
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Carbon Pulse broke the news on Monday, June 22, 2026.
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