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
Zero-carbon ammonia for shipping faces challenges
Wärtsilä signs lifecycle agreement for 7 Capital Gas LNG carriers
ABS releases report on nuclear LNG carrier design
NTPC develops indigenous catalyst for methanol production
Huangpu Wenchong receives AIP from CCS for ships using methanol and ammonia
Climate change will cause India’s GDP to decline by 24.7% by 2070: ADB
Masdar and EMSTEEL complete project using green hydrogen to produce steel
DNV Grants HHI AiP for ammonia DF large container vessel