Oldendorff and Salzgitter target 20% emission cut in iron ore shipments

German shipowner Oldendorff Carriers and fellow steelmaker Salzgitter have signed a long-term deal to lower carbon emissions from the seaborne transport of iron ore to Hamburg. Starting in January 2026, Oldendorff will deploy fuel-efficient bulk carriers to move iron ore from various loading ports to Salzgitter’s steelmaking hub. The operation is expected to cut CO₂ …