latest news in ammonia shipping
World’s First Ammonia-Powered Bulk Fleet to Cut Shipping Emissions by 250,000 Tonnes Annually
Antwerp, Monday, 22 June 2026.
In a groundbreaking move, Fortescue and CMB.TECH will launch 12 ammonia-powered bulk carriers by 2026, slashing CO₂ emissions by 250,000 tonnes per year. This deal marks the first large-scale adoption of ammonia as a marine fuel, positioning both companies as leaders in zero-emissions shipping. The vessels, equipped with dual-fuel ammonia engines, could redefine global trade by proving green ammonia’s viability. With shipping responsible for 3% of global emissions, this partnership accelerates the industry’s shift toward sustainability and aligns with the IMO’s 2050 net-zero targets.