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ARTICLE · 30 APRIL 2021

A vision for the future of Australian exports

Holding Redlich
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A recent Tradewinds article is a fascinating insight into the future of the Australian economy and shipping industry.

AustraliaTransport
Geoff Farnsworth
Geoff Farnsworth
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An article recently published in the global shipping business newspaper, Tradewinds, provides a fascinating insight into the future of the Australian economy and shipping industry, in particular.

The article reports that Fortescue Metals Group (FMG) has "ditched a tender to charter in LNG fuelled ships, and is planning to skip straight to carbon-free green ammonia powered vessels."

The use of ammonia to power vessels is an emerging technology. Precisely when it will be available is still unknown, but FMG is clearly confident it is sooner rather than later.

The Tradewinds article also reports (and FMG's website confirms) that FMG's ambition is ultimately to be a producer and exporter of clean and renewable energy.

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