With the push towards greener shipping solutions, methanol is gaining attention as a promising alternative marine fuel. European shipping companies are increasingly exploring methanol-powered vessels to meet IMO 2030 decarbonisation targets and reduce emissions.
This shift could reshape fuel demand and the entire marine propulsion landscape, as methanol offers lower emissions compared to traditional fossil fuels and can be produced sustainably.
Are you seeing more discussions or initiatives around methanol fuel in the marine sector? What challenges or opportunities do you think lie ahead for this transition?