By Jasmina Ovcina Product tanker major Hafnia Limited is planning to build methanol dual-fueled ships to transport methanol from a U.S.-based production plant at the Port of Kalama, Washington, USA.
As disclosed at the end of August, Hafnia, together with a joint venture partner, invested $10 million in Northwest Innovation Works methanol production plant.
The joint venture will be transporting one-third of the methanol produced on 19-year charter contracts.
In addition to investing in the methanol plant, the JV will be building the vessels transporting their share of the methanol, the company said.
“This initiative is another example of our strategy to support and
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