COMPANIES: Ahoy! Anglo loads first SA iron ore cargo in emissions-cutting LNG vessel

📆 27-01-23 01:35:00
📰 dailymaverick

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Anglo American has loaded its first iron ore cargo from its South African Kumba operations on to a liquified natural gas (LNG) dual-fuelled vessel. It’s part of a newly chartered fleet that should cut its shipping carbon emissions by an estimated 35%.

The ship, Ubuntu Harmony, is the first of 10 made-to-order vessels that will set sail over the course of 2023 and 2024.

The company said the dual-fuelled vessels will deliver “an estimated 35% reduction in CO2 emissions compared with ships fuelled by conventional marine oil fuel”. Anglo has a number of decarbonisation targets in its pipeline, notably a commitment to achieve, by 2040, carbon neutrality across its operations that span the globe.

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