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2 clusters · 5 sources · 13 days · First seen · Last updated

CMB.TECH ammonia-powered maritime decarbonization

Overview

The Belgian company CMB.TECH has launched the Mineral Europa, a 210,000-dwt dry-bulk carrier designed to run on ammonia. The vessel, built at the Qingdao Beihai shipyard in China, began its maiden voyage from Belgium to Australia to transport iron ore from the Pilbara region.

During its initial stages, the ship was refueled in Zhoushan, China, with 1,000 tonnes of green ammonia via ship-to-ship transfer. While the dual-fuel engine represents what CEO Alexander Saverys calls a “propulsion revolution,” the technology faces economic hurdles. Ammonia-powered vessels are roughly 15–20% more expensive than conventional ships, and green ammonia costs approximately five times more than traditional marine diesel. Additionally, ammonia requires three times the storage space of diesel for equivalent energy.

CMB.TECH intends to expand its ammonia-powered fleet with 21 vessels scheduled for delivery by 2029, including bulk carriers, a container ship, and chemical tankers. Fortescue has already secured agreements to charter several Newcastlemax vessels from the fleet.

Entities

Mineral Europa · Fortescue · Qingdao Beihai · CSSC Qingdao Beihai Shipbuilding Co. · Alexander Saverys

Timeline

  1. [TECHNOLOGY] 3 sources
    CMB.TECH vessel Mineral Europa begins first green ammonia voyage

    The Belgian-owned Mineral Europa has begun its first voyage to Australia using green ammonia, marking a significant step in reducing maritime carbon emissions despite high fuel costs.

  2. [BUSINESS] 2 sources
    CMB. TECH launches world's first ammonia-powered bulk carrier

    The Mineral Europa, a 210,000-dwt ammonia-powered bulk carrier, has begun its maiden voyage to transport Australian iron ore, marking a major step in CMB. TECH’s mission to decarbonize global shipping.

Sources

albapesurse.ro · duurzaam-ondernemen.nl · interestingengineering.com · stiripesurse.ro · ziarulprofit.ro