CMB.TECH signs charter for 12 bulkers
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- CMB.TECH and Fortescue partnered for up to 12 ammonia-capable bulkers.
- Three dual-fuel vessels will arrive by the end of 2026.
- The green ammonia fleet can cut 250,000 tonnes of emissions annually.
CMB.TECH (NYSE:CMBT) and Fortescue (ASX:FMG) signed a charter agreement for up to 12 ammonia-capable bulkers.
The deal expands zero-emission shipping infrastructure compared to standard industry marine fuel deployments.
Up to three Newcastlemax bulkers will feature dual-fuel ammonia engines upon delivery by late 2026.
The remaining nine vessels in the fleet will be delivered with ammonia-ready specifications.
Following the announcement, CMB.TECH's share price was unchanged at $14.42.
The green ammonia fuel could reduce carbon dioxide emissions by 250,000 tonnes annually.
CMB.TECH plans to report its second-quarter financial results on August 27, 2026.
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