PCL is pleased to announce our collaboration with ABS with the signing of a joint development project (JDP) to study methanol as an alternative fuel for the PCL fleet. Mr. Hor Weng Yew, CEO of PCL said, “ This partnership with ABS and PaxOcean is part of PCL's commitment to achieving carbon neutrality by 2050 or earlier. With methanol gaining maturity as a marine fuel, we believe it has great potential to significantly reduce our carbon footprint in the short to mid-term. This study will serve to identify the options we have to adapt our existing ships to handle methanol effectively and safely.”
Refer to here for a full copy of the press release.
