Ordering methanol-powered vessels has grown in popularity as an alternative fuel since AP Moller-Maersk began signing newbuilding deals to begin using the fuel in its container ship fleet.

About the Green Seas First Movers report

This story is part of a TradeWinds Business Focus exploring shipping companies that are early adopters across a range of green shipping technologies and fuels.

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But currently, most methanol is made from natural gas, meaning its role in cutting shipping’s carbon emissions will depend on ramping up development of greener versions of the fuel.