BHP has revealed a $400m initiative to tackle climate change as it chases a long-term goal of zero emissions by the middle of this century.

Its new five-year plan was unveiled today just a couple of weeks after TradeWinds uncovered a near $1bn tender from BHP for up to 14 LNG-fuelled newcastlemax newbuildings.

The mining giant is also involved in a bio-fuels trial for vessels along with John Fredriksen's Golden Ocean.