Sailing Towards Zero Emissions
Fortescue’s pioneering vessel running on dual-fuel ammonia and diesel. It’s a major leap towards a zero-carbon future for shipping.
Shipping is currently responsible for 3% of global emissions.
With the maritime industry responsible for over 80% of global trade, and assets having a trading lifetime of 25 - 30 years, strong decarbonisation measures must start now.
Fortescue has committed to eliminate fossil fuels with a target to achieve Real Zero terrestrial emissions (Scope 1 and 2) by 2030, without carbon offsets. Shipping remains a major challenge, with our vessels contributing 3.04 million tonnes of CO2-eq in FY23, including 9% from its own fleet and 91% from contracted tonnage.