BHP says it aims to receive first ammonia-fuelled bulk carrier in 2026 [Reuters]
BHP Group Limited American Depositary Shares (Each representing two Ordinary Shares) (BHP)
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Source: Reuters
SINGAPORE, April 22 (Reuters) - Australia's BHP Group (BHP.AX) New Tab , opens new tab is planning to receive its first ammonia-fuelled bulk carrier in 2026 as part of the company's plans to cut shipping emissions, a senior executive said. The global mining giant has shortlisted eight companies for the building, operation and fuel supply for at least one such vessel, Rashpal Singh Bhatti, vice president of maritime and supply chain excellence at BHP told Reuters late last week. However, it has not yet decided on the total number of vessels that it will order and is also assessing costs, technical and safety submissions, Bhatti said. Ammonia is among several alternative fuels that shippers are considering to reduce carbon emissions, as it does not emit carbon when burned. However, adoption of ammonia could take time as the industry is also working on safety and infrastructure standards for handling of the toxic fuel. The world's first ammonia-fuelled ship engines are expec
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- BHP's page on the SEC website