Swiss methanol producer and shipowner Proman is hoping its new clean shipping fund can be a force for good as owners seek to secure energy transition funding.
The company has teamed up with Stena Bulk to form Low Emission Methanol Shipping Co (LEMSCO) with financing available from ABN Amro.
Other unnamed partners have invested in the operation, which starts with a core of four methanol-powered MR tankers owned by Proman and Stena.
