Cyprus-based owners are accelerating investments in dual-fuel and energy-efficient ships, backed by government incentives, as global fleet control remains concentrated among a handful of players led by Mediterranean Shipping Company (MSC), according to new data from VesselsValue .
To begin with, Limassol-headquartered Lemissoler Navigation has ordered up to eight methanol dual-fuel Ultramax bulkers, marking a first for that ship size in China’s yards.
Building on this, Columbia Group expects such
