Friday 08 12 2023 02:16:23 PM

Office Address

123/A, Miranda City Likaoli Prikano, Dope

Phone Number

+0989 7876 9865 9

+(090) 8765 86543 85

Email Address

Increased orders for methanol-powered ships in Oct.
Dr.G.R.Balakrishnan Nov 07 2023 Shipping News (Ship Building & Ship Yards)

Increased orders for methanol-powered ships in Oct.

As demand for alternative fuels in the maritime industry continues to rise in line with the ever-stringent regulatory landscape, a total of 14 orders for methanol-powered ships were recorded in October 2023, data from DNV’s Alternative Fuel Insights (AFI) database shows. 


Some of the most recent orders saw Norwegian shipping and logistics company WalleniusWilhelmsen signing a contract with China Merchants Jinling Shipyard Co. for the construction of four methanol dual-fuel pure car and truck carriers (PCTCs) and up to eight optional units.


Monaco-based dry bulk shipping company Safe Bulkers entered into contracts for the acquisition of two dual-fuel newbuildKamsarmax class dry bulk vessels as part of its fleet renewal strategy. The first vessel is scheduled for delivery in the fourth quarter of 2026 and the second is due to be delivered in the first quarter of 2027, as per a report