International classification society Korean Register (KR) and Ulsan Port Authority (UPA) have signed an MOU to support methanol-fueled ships and establish the South Korean port as a low-carbon, eco-friendly energy hub. Methanol is a clean burning marine fuel which produces 99% less sulfur oxides (SOx), 80% less nitrogen oxides (NOx), and 25% less greenhouse gases (GHG) compared to conventional marine…