PCL, Pax Ocean to collaborate with ABS

Pacific Carriers Limited (PCL) and PaxOcean Holdings Pte (PaxOcean) are collaborating with ABS to study methanol as an alternative fuel for the PCL fleet.

The first step is a recently signed joint development project (JDP) to study methanol as an alternative fuel for the PCL fleet. Under the JDP, ABS will evaluate the means and impact of retrofitting a PCL vessel with a propulsion system powered by methanol as an alternative low-carbon fuel option.

With methanol gaining maturity as a marine fuel, we believe it has great potential to significantly reduce our carbon footprint in the short to mid-term. This study will serve to identify the options we have to adapt our existing ships to handle methanol effectively and safely.