Cargill has linked with trading house Mitsui & Co to order two at Japan’s Tsuneishi Shipbuilding. The landmark vessels are scheduled to deliver in the first quarter of 2026. No price has been revealed.
Japanese shipyards are eagerly awaiting further methanol-fuelled bulk carrier orders with Hong Kong’s Pacific Basin likely to be among the first shipowners to sign up. Pacific Basin is working with Mitsui & Co and Nihon Shipyard, Japan’s largest shipbuilding conglomerate, on its first methanol-fuelled orders, due to be announced soon.
Analysis from class society DNV shows methanol was the second most popular alternative fuel choice for newbuild orders last year after LNG, with 35 ships ordered, bringing the total count to 82 ships.
Tags: Cargill, DNV, Mitsui & Co, Shipyard
Recent Posts
To satisfy decarbonization targets, Big Oil invests billions in the manufacture of biofuel
ISO issues standards for methanol as a marine fuel
Amazon, partners to test electric trucks on a freight corridor in India
Hutchison Ports BEST receives Lean and Green award for outstanding emissions reduction
India ranks 10th in list of 60 countries assessed for efforts to fight climate change: Report
SECI to collaborate with H2Global for green hydrogen
Maersk completes first large container vessel conversion to dual-fuel
Qair develops e-methanol project on Haropa port