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Methanex to add methanol- powered tankers to shipping fleet

6:19 AM MST | December 13, 2013 | —Natasha Alperowicz

Waterfront Shipping (Vancouver, BC), the marine transportation subsidiary of Methanex, has reached an agreement with Mitsui O.S.K. Lines (MOL; Tokyo), Westfal-Larsen & Co. (WL; Bergen, Norway), and Marinvest/Skagerack Invest (Göteborg, Sweden) to build six ships, with an option for building an additional three, that can be fueled by methanol. The 50,000-deadweight m.t. (dwt) vessels will be built with engines that can run on methanol, fuel oil, marine diesel oil, or gas oil. The ships will be delivered in 2016. Methanol continues to be a promising...

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