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Methanol’s status as top future marine fuel in doubt due to cost, availability

September 13, 2023 Comments Off

Methanol might not become the most prevalent type of marine fuel despite its recent popularity, with limited availability and high costs, some classification societies said Sept. 11. A growing number of shipowners have opted to order ships capable of running on methanol in recent months, as the fuel has well-established supply infrastructure and can achieve deep decarbonization when generated from…