China's COSCO Shipping, Fortescue to build green fuel supply chain

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The memorandum of understanding includes exploring construction and deployment of green ammonia-fuelled vessels owned either by COSCO or jointly owned by both companies.

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Fortescue's executives had been in China in recent weeks talking with potential partners for joint projects, CEO Dino Otranto said on July 25.

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Article Details

Author / Journalist: Reuters

Category: Business

Markets: IndiaAustraliaChinaSingapore

Topics: Shipping pollution Green fuel Fortescue Green ammonia Cosco shipping

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-30 @ 09:51:22 (10 hours ago)

News Timezone: GMT +8:00

News Source URL: economictimes.indiatimes.com

Language: English

Article Length: 448 words

Reading Time: 3 minutes read

Sentences: 17 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Economic Times

News ID: 21849988

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Official Website: economictimes.indiatimes.com

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