Pacific Basin drops methanol dual-fuel orders in newbuild rethink

Hong Kong-listed Pacific Basin Shipping is tweaking its fleet renewal strategy, scrapping near-term dual-fuel orders in favour of conventional tonnage while keeping optionality for greener ships later in the decade. The dry bulk owner said it has terminated earlier agreements for four 64,000 dwt dual-fuel ultramax newbuildings and replaced them with contracts for four conventionally …

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