COSCO bets on methanol with six-tanker order

In China, Xinde Marine News reports COSCO Energy signed a contract with COSCO Shipping Heavy Industry to build six tankers—two Aframax, two LR2, and two Panamax vessels—all designed for methanol dual-fuel operation or methanol-ready compliance.

According to COSCO Energy, methanol-fueled ships can cut annual CO₂ emissions by approximately 24,000 tons, aligning with EU carbon tax and CII regulations. The optimized vessel designs improve energy efficiency and cargo capacity, while integrated smart systems enhance route planning, fuel management, and maintenance operations.

The deal continues COSCO Energy’s long-term collaboration with COSCO Shipping Heavy Industry. As global shipping shifts toward low-carbon solutions, COSCO Energy is expanding its green fleet to strengthen its competitive position in the international energy transport market.

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