Pacific Carriers Limited (PCL) and PaxOcean Holdings Pte Ltd (PaxOcean) are collaborating with ABS on their decarbonization journey, according to ABS's release.
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.