Delayed Australian Stock Exchange - 12:10 2022-12-02 am EST
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BHP Group to Reportedly Get Three LNG-Powered Bulk Carriers in Middle of 2023

10/04/2022 | 04:40am
(MT Newswires) -- BHP Group (BHP) expects to receive three additional bulk carriers that are partially fueled by liquefied natural gas from Eastern Pacific Shipping in the next six months to nine months, Reuters reported Tuesday, citing the company's head of maritime enterprise, Fergus Eley.

Eley told Reuters that the mining company has secured some term supplies of LNG to ease the impact of volatile prices and is evaluating the potential for biofuels.

BHP is aiming to net zero greenhouse gas emissions from its operations by 2050. It expects to receive delivery of the three additional carriers from Eastern Pacific Shipping by mid-2023, according to the report.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

MT Newswires 2022
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