What is methanol

On 18 July 2022, the shipowner said it has agreed to purchase a 5,500 TEU container vessel newbuilding under construction at HJ Shipbuilding (HJSC, formerly ...

It was now purchased by Ocean Yield in a resale deal. On 30 June, Ocean Yield also agreed to purchase two 36,000 cbm liquified ethylene gas carrier (LEG) newbuildings, to be constructed at Jiangsu Yangzi-Mitsui Shipbuilding in China. The vessels will be built with a specification enabling it to operate with gas as fuel. The Post-Panamax vessel will be a sister vessel to the newbuilding announced in June 2022, with a design enabling it to be converted to dual fuel operation with methanol as fuel.