Australian mining giant BHP Group is introducing its first ammonia-fuelled bulk carrier in 2026, BHP’s vice president of maritime and supply chain excellence told Reuters. The initiative, which is part of BHP's commitment to reducing shipping emissions, comes after shortlisting eight companies for the construction, operation, and fuel supply of the vessel. BHP is currently also studying the expenses as well as technical and safety submissions before deciding on the number of vessels it will order.

And more is in the works: BHP is also exploring bio-blended fuels to comply with the European Union’s emissions trading system for shipping. After conducting over 30 trials, BHP plans to use bio-blended fuels for bunkering to meet Europe’s shipping emissions requirements. The bio-blended fuels, which come at a premium compared to conventional marine fuel, will have their costs passed on to customers keen on sustainability.

OTHER STORIES WORTH KNOWING ABOUT THIS MORNING-

  • Denmark tenders offshore wind project: Denmark has initiated its largest offshore wind tender, with no subsidies offered to firms competing for the right to develop six sites with a total capacity of up to 10 GW, set to be completed by 2030. The state will own a 20% stake in each project, and the surplus generated wind power could be exported or used for hydrogen production. (Reuters)
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