Chartering giant Cargill is in talks that could lead to a pioneering order in China or Japan for methanol-fuelled bulkers.
Jan Dieleman, president of the agricultural giant’s Cargill Ocean Transportation unit, said the company is in talks with three or four parties for the vessels after launching a tender for proposals a few months ago.
If the company cements an order, it is believed to be the first-ever bulkers powered by the fuel, which is becoming a leading low-carbon alternative amid efforts to cut shipping’s greenhouse gas footprint.
