ABS issues sustainability whitepaper on Methanol as Marine Fuel

As regulations continue to emerge and the drive to decarbonization pushes forward within the maritime industry, one thing remains the same, the need for available fuel options that will assist the global fleet in accomplishing this great feat.

Methanol is one of the many fuel options being considered in achieving decarbonization and offers several advantages, including:

• Existing infrastructure – Methanol is shipped globally as a commodity and therefore already has a supply chain in place to support ports around the world.
• Carbon-neutral potential – Biomass and biogas from landfills and wastewater treatment can be used as feedstock for the production of methanol, allowing for the potential of methanol to be a carbon-neutral fuel in the future if it is produced through a renewable source.
• IMO Interim Guidelines – The IMO recently adopted MSC.1621, providing detailed goal based and prescriptive requirements for the use of methanol as fuel and even includes a risk assessment requirement.

Download your copy of the ABS Sustainability Whitepaper today!