From corn fields to cargo ships, ethanol gains early traction as marine fuel

SINGAPORE, June 12 (Reuters) – Shippers including Maersk and mining giant Vale are turning to ethanol as a marine fuel to cut emissions as abundant supply and lower cost make it more attractive than other low-carbon fuels, with further commercial usage expected as ?early as next year. The use of ethanol in shipping could open a new demand channel for the fuel, which in some countries is blended into gasoline, while ?offering shipowners another pathway to cut conventional fuel use to meet emission reduction targets. Sign up here. Renewed interest follows mounting pressure on the global shipping industry to manage…