Unifeeder Group plans to deploy the new vessels on its European network, where the new vessels will give a significant contribution to lower the emissions of the network.

Alongside parent company, DP World, Unifeeder is working with partners across the industry to find solutions to the challenge of renewable-methanol supply, which needs off-take commitments to build production at the scale that the industry needs to replace conventional fossil fuels.

In parallel to the delivery of the methanol capable vessels, Unifeeder will continue to improve the fuel efficiency of the entire fleet deployed and increase the use of biofuels on the conventional vessels in the fleet.

Jesper Kristensen, Group CEO of Unifeeder Group, said: "This is another significant step towards the green transformation of our fleet and our operations. These new vessels can be deployed across our current and future networks, offering a flexible, greener solution to our customers.

"As the number of methanol-capable vessels increases in both our operations and those of our customers, my hope is that this drives an increase in innovation and production amongst methanol producers. This will then complete a virtuous circle and ensure we can operate more and more methanol capable vessels with the right colour of methanol fuels in our networks.

The investment in these new ships supports Unifeeder Group's ambitious decarbonization plan. Putting its targets well above that of the industry average, Unifeeder has committed to a 25 per cent reduction of emissions by 2030, carbon neutrality by 2040 and net zero emissions by 2050.