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Mining major to transport iron ore on LNG-powered vessels

Mining company BHP is in negotiations with several LNG companies to supply fuel to vessels set to transport iron ore from Australia to China, reports Reuters.

Photo: AMY COOPES/AFP / AFP

The BHP group, one of the biggest mining companies in the world, now plans to transport part of its iron ore to China aboard vessels propelled by LNG. As such, the group is now in negotiations with three suppliers of the natural gas, writes Reuters.

The mining company has already chartered five newcastlemax bulkers sailings on LNG from shipowner Eastern Pacific Shipping, with the aim to cut 30 percent or more off BHP's greenhouse gas emissions on voyages to its biggest customer, namely China.

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