• 2023 January 17 10:31

  Mitsui & Co to order two methanol-fuelled Kamsarmax bulkers

  

  Mitsui & Co to order two methanol-fuelled Kamsarmax bulkers, maritime news publication Lloyd's List reported last week. The order was signed last month, and the two dual-fuelled vessels are due for delivery by the end of 2025 and early 2026, according to Ship & Bunker.
  
  A Cargill representative told Ship & Bunker in October that the firm was planning to be operating a methanol-fuelled bulker within a few years.

  The order is one of the first signs of interest in methanol bunkering from dry bulk. Another key development came last month as mining firm Vale issued a request for proposals from shipping companies for contracts of affreightment for a new generation of methanol-fuelled Guaibamax very large ore carriers.

  AP Moller-Maersk, CMA CGM and COSCO currently have 666,100 TEU of methanol-fuelled boxships on order, representing just over 2.5% of current global container capacity.
  
  
  

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