Companies like Methanex are hoping the conversion of more marine vessels to run on methanol will boost demand. In April, Waterfront Shipping, a subsidiary of Methanex, launched seven 50,000-ton vessels built with dual fuel engines that can run on methanol, fuel oil, marine diesel oil or gas oil. Photography courtesy Methanex Despite lower oil and gas prices,
New marine applications and rising Chinese demand are fueling hopes of a new boom for methanol makers
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