•Korean Register (KR) has granted Approval In Principle (AIP) for a methanol dual-fuel VLCC.
The article published in Seatrade Maritime News gives a complete insight on how VLCC wins the approval from KR and how methanol fuel demand is growing.
Commercialization of Methanol
The methanol dual-fuel VLCC design was developed under a joint project between the classification society and shipbuilder Hyundai Heavy Industries (HHI)
The design features a methanol fuel tank that can either be placed on the open deck or in the cargo storage area in the hold of the vessel.
“As more of the world’s leading shipping companies place orders for vessels that use methanol as a dual fuel, interest for methanol as a ship propulsion fuel is growing,” KR said.
The classification society noted that methanol is considered to possess high potential for commercialization as marine fuel because it offers fewer technical difficulties than LNG and relatively less toxicity than ammonia.
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Source: Seatrade Maritime News