News / Green shipping looks expensive, but can be competitive, says ABS

Stena Germanica Photo: Stena

Maersk recently released a video of the world’s first methanol/HFO dual fuel container vessel in the final stages of construction.

However, the 2,100 teu vessel was seen by some as an unlikely answer to the decarbonisation puzzle, its green methanol fuel, produced from renewable sources, was expected to be too expensive to compete with conventionally powered ships.

However, Maersk is not alone in viewing methanol as a viable alternative fuel, with Stena converting ferry Stena Germanica to operate on the fuel in ...