While LNG, methanol, and ammonia are increasingly used as alternative fuels in the maritime industry, challenges remain.
Adopting Methanol
Maersk is leading the way in the adoption of methanol as a marine fuel to achieve its decarbonization goals. Some key points can be seen as follows:
- Methanol offers several advantages, including speed, scalability, and cost-effectiveness, making it a promising alternative to traditional fossil fuels.
- Maersk is actively pursuing methanol as a key fuel source and has made significant progress in securing long-term supply agreements.
- While methanol presents a viable solution, challenges remain in developing a robust and sustainable methanol value chain.
- ABS has published a bunkering advisory to ensure the safe handling of methanol fuel.
- Methanol is expected to be a crucial part of the future fuel mix, alongside other alternative fuels.
Did you subscribe to our daily Newsletter?
It’s Free Click here to Subscribe!
Source: YouTube
