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

StockTitan
2026.06.21 22:22
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CMB.TECH and Fortescue signed a milestone agreement for the charter of up to 12 ammonia-capable Newcastlemax vessels. Three vessels will feature dual-fuel ammonia engines by late 2026, while nine will be ammonia-ready. This partnership aims to decarbonize shipping, potentially reducing CO2 emissions by 250,000 tonnes annually if fueled by green ammonia.