Anglo American, a global mining company headquartered in London, has received five dual-fueled liquefied natural gas (LNG) vessels, with the remaining five scheduled to be delivered between May 2023 and the first half of 2024.
The company expects these vessels to reduce carbon emissions by 35% compared to similar-sized ships using traditional marine fuels for the same voyage. The dual-fueled vessels were developed to operate low-carbon ocean freight that can carry metal and mineral products from Anglo American’s mines to customers in an environmentally friendly way.
The company’s Singapore-flagged vessel Ubuntu Harmony, equipped to run on LNG and marine fuel oil, completed its first full voyage in March from South Africa to China.
By 2030, the company aims to cut carbon emissions for its shipping activities by 30% and to become carbon neutral for its controlled ocean freight by 2040.
Furthermore, bio-LNG, a biofuel that has the same chemical composition as conventional LNG but is produced from biogas rather than natural gas, presents deployment opportunities during the transition to LNG, according to Peter Lye, global head of shipping at Anglo American.
Source: The Straits Times
Image Source: Anglo American