Amid the race to meet the IMO’s sulphur emissions rules by 2020, methanol is being touted as one fuel solution for the shipping industry. Not surprisingly, the largest global producer of methanol is leading the charge with its own shipping arm as the test case.
Waterfront Shipping, the logistics arm of Canada’s Methanex, is adding four new methanol-capable MR tankers to its fleet over the next two years, bringing its methanol capable fleet to 11 by 2019.
