CMB.TECH's Bocimar Unit Signs Deal With Fortescue for Ammonia-Powered Ship

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04:01 AM EDT, 04/14/2025 (MT Newswires) -- CMB.TECH ( CMBT ) said Monday its Bocimar unit has signed a deal with Fortescue to charter a new ammonia-powered ship.

Financial terms were not disclosed.

The 210,000-dead-weight-tonnage Newcastlemax will be powered by a dual fuel engine and is expected to be delivered to Fortescue by the end of 2026, the company said.

The ship is part of a series of large dry bulk carriers currently on order at Qingdao Beihai Shipyard and will transport iron ore, the company said.

MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.

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