OceanPal adds Methanol tankers

Shipping entity OceanPal (OP) has agreed to join a strategic partnership and invest in two Methanol tankers

OceanPal Inc. Becomes Strategic Partner In Two 6,600dwt Methanol-Ready Chemical Tanker Newbuildings | Hellenic Shipping News Worldwide

Several large containership orders have been placed at South Korean and Chinese shipyards. Many of the vessel orders include Methanol as a secondary fuel. Likely the market that these new vessels are indirectly targeting.


Green methanol from green hydrogen is a possible alternative to the handling problems of hydrogen. But also with added processing and added cost.

We shall see which green combination proves to be most practical and cost effective. Shippers seem to be evaluating the situation with try outs.