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

$CMBTPress releaseJun 22, 2026, 2:22 AM ETRead the release

CMB.TECH and Fortescue signed a milestone agreement for the charter of up to 12 Newcastlemax vessels (210,000 dwt) from CMB.TECH's dry bulk division, Bocimar. Three of the vessels will be delivered with dual-fuel ammonia engines by the end of 2026, while the remaining nine will be ammonia-ready for future conversion.

Key figures

Vessel type
Newcastlemax (210,000 dwt)
Vessel count
12
Dual fuel vessels
3
Ammonia ready vessels
9
Estimated co2 reduction
250,000 tonnes/year

AI analysis

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