Singapore-based Eastern Pacific Shipping (EPS) plans to convert part of its fleet of vessels that currently use conventional fuels to instead run on methanol or ammonia.

Its decision to do so is a major step forward for the adoption of the two alternative fuels that have been widely discussed but have experienced little industry take-up.

The project will be undertaken in partnership with MAN Energy Solutions and OCI NV, a major global producer and distributor of nitrogen and methanol products.