Mining billionaire Andrew Forrest said he aims to create the world’s first ammonia-powered ship before the end of next year, part of an ambitious plan to run his company’s fleet on a carbon-free version of the fuel, according to Bloomberg.
“This is just the first,” Forrest, Chairman and Founder of Fortescue Metals Group, said in an interview. “We have about 100 ships on the water, and we’ll be converting all our own ships over to green ammonia at the earliest possible opportunity, well within this decade.”
The first ship itself is tiny, with a transportation capacity less than a 100th the size of some of the world’s largest bulk commodity carriers. The announcement came on transport day of COP26, the climate summit held in Glasgow.