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Fortescue Future Industries calls for net zero target for shipping by 2040 and announced a green ship at sea in 2022

Media Release 11 November 2021
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Fortescue Future Industries’ (FFI) Chairman Dr Andrew Forrest AO today called for a net zero 2040 target to be embraced by the entire shipping industry during an address for ‘Transport Day’ at COP26, while providing the technical leadership in large shipping to support the target.

FFI’s Green Fleet Team is moving quickly to convert the 75 metre vessel, the “MMA Leveque”, in collaboration with MMA Offshore Limited, over the next 12 months so it can run almost totally on green ammonia.

This brings the shipping industry much closer to becoming carbon neutral well before 2040 with only entrenched industry practices slowing global progress of carbon neutral shipping.

The MMA Leveque will run on green fuel and is part of Fortescue Metal Group’s broader fleet of trucks, locomotives and ships all undergoing technical transition to operate on green fuels.

Speaking from ‘Transport Day’ at COP26, Dr Forrest said, “This vessel will show the shipping industry the power of a vessel fueled by green ammonia in real world conditions.

“We are investing heavily in research and development to transform our trains, trucks and ships on the road, rail and sea with zero pollution fuels as soon as possible.

“It is world leading technology and will assist in providing the shipping industry with the practical knowhow to decarbonise completely.

Earlier this year, FFI’s Green Fleet Team achieved the successful combustion of blended ammonia fuel in a locomotive, paving the way to achieve a renewable locomotive operation using one hundred per cent green ammonia.