Damen and Caterpillar agree for development of methanol dualfuel tugs

Together with Derrick York (Caterpillar Inc.) and Kees-Jan Mes (Pon Power), Damen Group CEO Arnout Damen has signed a Memorandum of Understanding (MoU) for the joint development of a series of dual-fuel methanol / diesel powered tugs. Electrically powered tugs are ideal for zero emission operations in harbors and terminals where low-cost electricity can be