Methanol Building Favour In Bulker Sector
Copenhagen-based J.Lauritzen is the latest owner to endorse methanol fuel by way of the propulsion machinery specified for a pair of Kamsarmax bulk carriers ordered in Japan.
The contract award to Tsuneishi Shipbuilding entails two 81,200dwt vessels that will be deployed by Cargill Ocean Transportation for a minimum period of seven years. Through the dual-fuel engines to be adopted, the bulkers will be capable of trading without producing carbon emissions when running on ‘green’ methanol or potentially bio-diesel.
Due for handover from the second half of 2026 onwards, the gearless tonnage will be wholly-owned by a newly-established entity named Lauritzen NextGen Shipping, which J.Lauritzen and Lauritzen Bulkers will use as a platform for further investments in zero-carbon emission and future-proof assets.