- Shipping company Berge Bulk is likely to order methanol-fuelled vessels in the future.
- The firm has set itself a target of becoming carbon-neutral by 2025.
Berge Bulk Plans Methanol-Fuelled Vessel Orders, reports Ship & Bunker News.
Berge Bulk is a dry bulk shipping company that strives to decarbonise its fleet. And, has likely ordered methanol-fuelled vessels in the future.
CEO James Marshall informed that the purpose initially involves carbon offsets, but methanol-fuelled ship orders will become a priority in the medium term. The firm has set itself a target of fulfilling carbon-neutral by 2025.
With 19 methanol-fuelled ships now on order, container line AP Moller Maersk has been the biggest supporter of methanol as a bunker fuel. The enormous challenge for early adopters of this alternative fuel will be to motivate producers to scale up bio- and synthetic methanol adequately for it to cover the new marine demand.
“We’re focusing on methanol. We think that’s a fuel that has staying power.
It can become bio-methanol, and has the potential to have a sort of circular economy and circular carbon footprint, which is important.” Marshall said in a Sibcon panel session.
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Source: Ship & Bunker News