Methanol gains further ground in orders for new ships

Methanol-powered ships accounted for over half of all new orders for alternative fuel vessels in the first five months of the year, according to DNV.
Methanol-powered container ship from Maersk. | Photo: Axel Heimken/AP/Ritzau Scanpix
Methanol-powered container ship from Maersk. | Photo: Axel Heimken/AP/Ritzau Scanpix

Liquefied natural gas (LNG) continues to lose ground to methanol as an alternative fuel to conventional bunker oil in the global shipping fleet.

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