Damen signs MoU for methanol vessels

A Memorandum of Understanding has been signed among major boat and engine designers to look at methanol as a vessel fuel.

From left Derrick York, Senior Vice President of Caterpillar Oil & Gas and Marine Division, Arnout Damen, CEO of Damen Shipyards and Kees-Jan Mes, Managing Director of Pon Power

A Memorandum of Understanding has been signed among major boat and engine designers to look at methanol as a vessel fuel.