Shipping’s price sensitivity weighs on methanol fuel momentum
Update: 2024-07-10
Description
Data from shipbroking giant Clarksons shows that orders for vessels powered by alternative fuels have shifted to see LNG dominate methanol, as price and availability impact decision-making. We hear from C2X chief financial officer Alastair Maxwell, who spoke in an Evercore fireside chat, and Princess Cruises’ Bob Alton, who spoke on a webinar by the Maersk Mc-Kinney Moller Center for Zero Carbon Shipping and Port of Seattle.
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