business
Fortescue loads green ammonia-powered ship with iron ore at Port Hedland
Fortescue loads iron ore onto a green ammonia-powered bulk carrier at Port Hedland, which it says is a world first.
Key points
- The Mineral Europa, believed to be the first ammonia-powered dry bulk vessel, left Port Hedland on Tuesday carrying iron ore for China's
- Global shipping emits close to one billion tonnes of greenhouse gases each year, and the global merchant fleet has more than 100,000
- Fortescue chief executive Dino Otranto said policy certainty and long-term offtake are needed to unlock demand for green ammonia projects.
Why it matters. Fortescue says the milestone shows green ammonia bunkering is a practical option, and that policy certainty and long-term offtake are needed to move projects forward.
Fortescue said on Tuesday that the Mineral Europa, believed to be the first dry bulk vessel run on ammonia, left Port Hedland for China's steel mills. Chief executive Dino Otranto said global shipping emits close to one billion tonnes of greenhouse gases each year. He called for policy certainty and long-term offtake to unlock demand.
Latest updates
Fortescue loads green ammonia-powered ship with iron ore at Port Hedland
Fortescue has loaded iron ore onto a commercial bulk carrier powered by green ammonia at Port Hedland in Western Australia. The vessel, the Mineral Europa, is believed to be the first ammonia-powered dry bulk ship and left the Pilbara port on Tuesday. The iron ore miner describes the loading as a world first and says it is part of its mission to decarbonise its shipping operations. The claim of a world first comes from Fortescue itself, and the available reporting does not include independent verification.