World’s first ocean-going vessels capable of running on methanol

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The first three of seven 50,000DWT vessels capable of using methanol as fuel are being readied for delivery later in April.

The vessels are the first ocean going vessels in the world to use methanol fuel. Methanol is a biodegradable, clean-burning marine fuel that reduces smog-causing emissions such as particulates, sulphur oxides and nitrogen oxides.

The 186-metre-long ships were built by Hyundai Mipo Dockyard and Minaminippon Shipbuilding.

The first three vessels are being delivered in April, with the remaining four to be delivered by October 2016.

All seven will be chartered to Waterfront Shipping, a chemical shipping company owned by Methanex, one of the world's largest producers of methanol.

Two of the vessels are owned by Westfal-Larsen Management (WL), two vessels are jointly owned by Marinvest and WFS, and the remaining three vessels are owned by MOL.

All seven are built with the new MAN B&W ME-LGI 2-stroke dual fuel engines that can run on methanol, fuel oil, marine diesel oil, or gas oil.

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