Eastern Pacific Shipping moves for methanol and ammonia fuel retrofits
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Singapore-based Eastern Pacific Shipping (EPS) will move its vessels to methanol and ammonia fuel retrofits to promote emissions reduction.
By Michael McGrady, Maritime Direct Americas & Pacific Correspondent
Eastern Pacific Shipping announced a memorandum of understanding to move its vessels towards cleaner-burning fuel retrofits.
EPS CEO Cyril Ducau said, via a press statement, “EPS is proud to partner with industry-leaders OCI and MAN with a shared vision to push our industry towards decarbonization and environmental preservation. As a leading tonnage provider, EPS has taken a firm stance that sustainability begins with accountability. This means we have a responsibility to implement emission lowering solutions available today while simultaneously developing solutions for tomorrow.”
“Converting our existing conventional fleet to burn methanol creates a unique opportunity to continue lowering our carbon footprint significantly and rapidly. In the meantime, developing ammonia-fuelled conversion and newbuilding projects will help develop more mature zero-carbon solutions in the longer-term. We are excited about the next steps and to share our findings with the industry,” Ducau said.