Norwegian Cruise Line’s $1.3bn methanol bet a ‘great signal’
Norwegian Cruise Line Holding’s €1.2bn ($1.3bn) investment in retrofitting ships to run on methanol is a sure sign that maritime views the alternative fuel as a viable way to meet pending carbon limits, an industry advocate said.
Norwegian has modified newbuilding contracts with shipbuilder Fincantieri so that the last four vessels in a six-ship Prima-class cruise ship order will be able to burn green methanol at the aforementioned additional cost.