ABS Awards AIP to World’s First Methanol-Powered Newcastlemax Bulk Carrier
(SHANGHAI) ABS granted approval in principle (AIP) to CSSC Qingdao Beihai Shipbuilding CO., LTD and China Ship Design & Research Center Co., Ltd (CSDC) for the world’s first methanol-powered Newcastlemax Bulk Carrier. The dual-fuel, 210,000 dwt vessel is also equipped with the methanol tank capacity to fully meet endurance requirements on methanol fuel alone. “Methanol as marine fuel is a promising fuel with the potential to support the industry’s journey to low- and zero-carbon operations. ABS is involved in multiple methanol-fueled projects, with leading operators all over the world.