COSCO Shipping Lines has announced that it will switch four 16,000 TEU newbuildings to be dually fuelled with methanol, from conventional fuel.
The company said this is in line with its plan to comply with the global goal of achieving decarbonisation in 2050. As a result, the price of the newbuildings will be increased from US$620 million to US$734 million.
For reference, Clarksons’ data shows that the price of a 15,000 to 16,000 TEU methanol dual fuel container ship has reached US$191 million.
The...
https://container-news.com/cosco-switches-16000-teu-quartet-to-run-on-methanol/