Anglo American Completes Capesize+ LNG Dual-Fuelled Bulk Carrier Fleet

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  • Anglo American celebrates the delivery of its tenth and final capesize+ LNG dual-fuelled bulk carrier, the Ubuntu Liberty, from Shanghai Waigaoqiao Shipbuilding Co. Ltd.
  • The milestone reinforces the company’s commitment to sustainable shipping, contributing to a cleaner maritime industry with an estimated 35% reduction in emissions compared to conventional vessels.
  • The Ubuntu fleet plays a vital role in Anglo American’s goal of achieving carbon-neutrality for its controlled ocean freight by 2040.

Sustainable Shipping Milestone

Anglo American highlights the significance of completing its chartered fleet of LNG dual-fuelled bulk carriers, emphasizing the commitment to sustainable shipping practices. The successful delivery of the Ubuntu Liberty marks a major milestone in the company’s efforts to reduce environmental impact and provide more eco-friendly transportation solutions.

Market Leadership in LNG Dual-Fuelled Capesize+

The company asserts its market leadership as the charterer of the largest LNG dual-fuelled capesize+ fleet globally. By adopting more sustainable and lower carbon fuel options like LNG, Anglo American aims to actively contribute to a cleaner, greener future for the maritime industry. The announcement reflects growing recognition among customers of the value of sustainable shipping within a broader eco-conscious supply chain.

Towards Carbon-Neutrality and Environmental Impact

The Ubuntu fleet aligns with Anglo American’s broader sustainability goals, aiming for carbon-neutrality in controlled ocean freight by 2040. The LNG dual-fuelled vessels not only achieve a significant reduction in emissions but also demonstrate operational efficiency, having safely transported millions of tons of iron ore and coal. The initiative reflects the company’s commitment to addressing the environmental challenges posed by the shipping industry, responsible for nearly 3% of global greenhouse gas emissions in 2022.

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Source: Dry Bulk Magazine

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