Diana Shipping orders two methanol dual-fuel bulk carriers

Greek dry bulk shipping company Diana Shipping has ordered two methanol dual-fuel dry bulk carriers through Japanese conglomerate Marubeni.

PHOTO: Diana Shipping’s dry bulk carrier Artemis at sea. Diana Shipping

The 81,200-dwt vessels will be able to run on both methanol and conventional marine fuels.

The bulk carriers will be constructed by China’s Tsuneishi Group (Zhoushan) Shipbuilding. The company expects delivery of the first vessel in the second half of 2027, followed by the second one in the first half of 2028.

Shipowners are increasingly turning to methanol as a low-emission alternative to conventional marine fuels. This month, Singapore-based Asiatic Lloyd Maritime revealed plans to convert its "future fleet" of bulk carriers from diesel propulsion to methanol.

Also in the same month, tanker operator Sirius Shipping ordered two 15,000-dwt methanol-ready chemical tankers from China Merchants Jinling Shipyard. The deal has an option to order two more of these vessels in the future.

By Tuhin Roy

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