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First China-built biomethanol ship aims to set sail in Q2

HAMBURG, Germany -- The first biomethanol container ship built by a Chinese company is set to depart from Shanghai for Rotterdam in the second quarter, as the industry moves toward cleaner fuels following a new European Union rule requiring large shippers submit emission certificates.

Built by Shanghai Waigaoqiao Shipbuilding, the 16,100-tonne Eco Maestro is the first of 14 vessels ordered by Singaporean container shipping group X-Press Feeders to make its maiden journey.