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Cosco orders $3bn methanol-fuelled ultra-large boxships

Chinese state giant places order for 12 dual-fuel 24,000 teu vessels at two joint venture shipyards with Japan's Kawasaki Heavy Industries

Seven ships were ordered by Cosco’s Hong Kong-listed subsidiary OOIL, which says the choice of methanol as marine fuel demonstrates its ‘commitment towards global energy conservation and carbon emission reduction’

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