With shipowning giants such as AP Moller-Maersk ordering methanol-powered ships, just what are they getting themselves into?
“I think what they’re getting [is] a proven, safe and reliable technology,” Waterfront Shipping president Paul Hoexter told TradeWinds.
Methanex subsidiary Waterfront was the first shipowner to use methanol as a fuel, ordering six tankers capable of running on it and conventional marine fuels in 2013.