Green Marine Copenhagen and Stamford Ship Management create methanol vessel JV
October 31, 2023
| Meghan Sapp
In Denmark, Green Marine Copenhagen ApS and Stamford Ship Management Pte. Ltd. have formed a joint venture in Singapore with a mission to build and manage, both commercially and technically, methanol dual fuel propulsion vessels across multiple market segments.
The technologies to use methanol as marine fuel are available now. Methanol is tried and tested, delivering an immediate economic solution to reduce CO2 and NOx emissions, and to virtually eliminate SOx and particulate matters emissions. The development of methanol propulsion engines provides an excellent opportunity to invest in commercially viable sustainable shipping.
Category: Fuels