Ethanol emerges as a marine fuel with big name backing

AI Summary

Shipowners are beginning to invest in ethanol-fueled ships with engine technology ready for increased biofuel use. The endorsement by a major dry bulk charterer signals growing industry acceptance of ethanol as an alternative marine fuel.

As shipowners place their first investments in ethanol-fuelled ships, engine technology is well prepared for growing uptake of the biofuel, writes Andrea Lazzaro, head of business intelligence at WinGD. When one of the world’s biggest dry bulk charterers backs a new alternative fuel type, the industry takes notice. But to anyone paying attention over the …