Ethanol-Fuelled Vessels Enter Dry Bulk Orderbook As Owners Seek Fuel Flexibility

AI Summary

Nineteen dual-fuel dry bulk vessels capable of using methanol or ethanol have entered the orderbook, marking a first for ethanol-fuelled ships in the sector. The investment reflects owners’ interest in fuel flexibility and could affect how vessels compete for cargo.

Ethanol-fuelled vessels have entered the dry bulk orderbook for the first time, with 19 dual-fuel vessels now on order. However, the bigger story is whether greater fuel flexibility will change how dry bulk ships compete for cargo in the years ahead. Why are some dry bulk owners investing in vessels that can use methanol/ethanol when ...