M e t h a n o l

Proman and Stena jointly develop methanol as the pathway to sustainable shipping

Proman and Stena jointly develop methanol as the pathway to sustainable shipping

The global shipping industry is responsible for ~2.9% of global greenhouse gas emissions, which equals almost 1 billion metric tons of CO2 each year. Unchecked, emissions could increase by as much as 130% from 2008 levels by 2050. Transitioning to low-carbon fuels will be essential to secure the long-term future of the industry and meet International Maritime Organisation (IMO) emissions reduction targets for 2030...

https://allaboutshipping.co.uk/2021/10/21/proman-and-stena-jointly-develop-methanol-as-the-pathway-to-sustainable-shipping/

Methanol gains traction as ships’ fuel

Methanol gains traction as ships’ fuel

Methanol-fuelled newbuilds like the Taranaki Sun (above) and Stena Germanica (below) can cost less than a LNG-burning ship

METHANOL-FUELLED SHIPS LESS COSTLY TO BUILD AND OPERATE THAN THOSE BURNING LNG

Methanol as a commercially and technically viable marine fuel is gaining greater traction over other alternative bunkers, including LNG, as more shipowners adopt the clean burning fuel as price spreads narrow and production ramps up.

Speaking at a virtual...

https://allaboutshipping.co.uk/2021/07/27/methanol-gains-traction-as-ships-fuel/