Shipowner Mitsui OSK Lines (MOL) and trader Marubeni have forged an alliance in Russia to develop a dual-fuel methanol carrier.
The Japanese companies said a cooperation deal was signed at the Eastern Economic Forum in Vladivostok with the Russian Far East and Arctic Development Ministry, state development corporation VEB.RF, VTB Bank and ESN Group.
The joint study will examine how to build, operate and use a methanol tanker equipped to run on methanol and very low-sulphur fuel oil.
