The Methanol Institute (MI) has published what it describes as ‘the first comprehensive guide to methanol as a marine fuel’, reports Manifold Times.
Future-proof Shipping Fuel
The new publication, entitled MARINE METHANOL Future-Proof Shipping Fuel, includes sections on regulatory drivers, environmental performance, engines and fuel systems, bunkering, handling and safety characteristics, costs and pricing, availability and feedstocks for conventional and renewable products.
Also included are case studies on first movers including AP Moller-Maersk, Waterfront Shipping, Proman Stena Bulk and the conversion of RoPax ferry Stena Germanica.
MI Chief Executive Officer Greg Dolan said: ‘Methanol has staked a significant claim to be among the serious fuel choices for vessel designers, owners and operators looking to make a start on their transition to sustainable operations. While there won’t be a single decarbonisation solution, it is clear that methanol has advantages that combine to provide a pathway to lower carbon and ultimately carbon-neutral operations; This report provides a clear roadmap for this journey.’
MI Chief Operating Officer Chris Chatterton added: ‘Shipowners have recognised that methanol provides them with huge flexibility in introducing a low-pollution, lower carbon fuel which is closest to a drop-in available in the market.’
‘The decision by more and more leading shipping companies to adopt methanol as fuel signals that the industry recognises the need to start its transition to net carbon neutrality now; this publication can support their decision-making process.’
Click here to download MARINE METHANOL Future-Proof Shipping Fuel.
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Source: Manifold Times