BUNKER INDEX :: Price Index, News and Directory Information for the Marine Fuel Industry



« News Home
:: Monthly Archive

News Topics
:: Air Pollution
:: Agreements & M&A's
:: Alternative Fuels
:: BunkerBlog
:: Cargoes & Storage
:: Company News
:: Efficiency, Costs & Charges
:: Environment
:: Events
:: Financial
:: Fuel Quality & Testing
:: Lubes & Additives
:: Oil Spills
:: People
:: Port News
:: Projects
:: Regulation, Legal
:: Services, Products,Technology
:: Statistics & Research
:: Vessels

Regional Archive
:: Americas
:: Asia/Oceania
:: Europe
:: M.East/Africa


BUNKER INDEX :: Price Index, News and Directory Information for the Marine Fuel Industry
Home » News



Renewable methanol offers long-term CO2 reduction solution: MethaShip

Research outlines key advantages for methanol use in medium-speed marine engines for passenger shipping.



Image credit: Methanol Institute


Updated on 23 Oct 2018 10:14 GMT

The Methanol Institute has welcomed the findings of the MethaShip research project, which has concluded that renewable methanol offers a long-term solution for the shipping industry's ambitious carbon emission reduction strategy.

The MethaShip partners found that methanol can offer a dramatic improvement in emissions reduction across multiple ship types once the International Maritime Organization (IMO) has established the statutory framework conditions necessary for an industry-wide reduction of CO2 emissions.

"The whole shipping sector is facing major challenges with ever stricter emission regulations for ships, paired with a growing environmental awareness among ship owners and passengers alike," said MethaShip Project Leader Daniel Sahnen of Meyer Werft.

"Some technical and financial details still need to be clarified but in the medium term a breakthrough could be possible with methanol as a fuel for a holistic reduction of CO2 emissions."

The research project brought together partners from shipbuilding, classification, engine manufacturing and methanol production to investigate the potential of methanol as a fuel for cruise ships and ro-ro passenger ferries. It included development of a potential cruise ship design featuring seven integrated storage tanks made of coated conventional mild steel.

"Methanol is a clear, water-soluble, biodegradable fluid and in contrast to other alternative fuels such as LNG, it offers the crucial advantage of being very easy to handle," noted Methanol Institute Chief Representative Europe, Eelco Dekker.

"In addition to its potential for long-term emissions reduction, the easier storage and transport properties are a strong driver behind the growing interest in using methanol as a fuel for shipping."

MethaShip's key conclusions include:

- The properties of methanol surpass other alternative fuels in shipping;

- The major benefit is the storage at ambient temperature and ambient pressure without loss;

- In terms of ship design, methanol is space-saving, simple and practical with the established advantages of a liquid fuel;

- Methanol offers compelling environmental properties and has the most promising lifecycle analysis when produced from renewable sources;

- An already widespread infrastructure and availability could be a key enabler for methanol.

The MethaShip research project consortium consists of: Flensburger Schiffbau-Gesellschaft, Lloyd's Register, Meyer Werft, and associate partners Caterpillar, Helm AG and MAN Diesel & Turbo. It was funded by the German Federal Ministry for Economic Affairs and Energy.






Related Links:

Methanol Institute welcomes 'progress' towards inclusion of methanol in IGF Code
New compression-ignited methanol engine launched
Researchers claim methanol breakthrough in bid to reach climate 'holy grail'
No barriers to converting smaller, diesel engines for methanol bunkering: SUMMETH
LeanShips project tests methanol on Volvo Penta D7 engine
Plan to build methanol-fuelled ships for US-China project

Latest News:

NYK develops water-in-oil alarm to avert engine problems
Frontline expects IMO 2020 strategy to yield jump in cash generation: CEO
New Titan tool compares LNG with MGO
Oil and fuel oil hedging market update
Date set for Aegean final basis motions to be heard
Enjoy the sixties while they last
Cargill to pay for Seanergy's scrubber retrofit
IMO 2020 positive for tanker market: Teekay Tankers
Oil and fuel oil hedging market update
Torm performs maiden scrubber retrofit; takes delivery of first newbuild with scrubber
Oil slightly higher on renewed output cut talks
Prexit: Another president leaves PetroChina - Singapore's second-biggest bunker supplier




Page Links:

Prices
Africa
Asia
Latin America
Middle East
North America
North Europe
South Europe
Index Summary
Price Highlights
Commentaries
Futures
Prices
Antwerp
Busan
Fujairah
Houston
Istanbul
Kaohsiung
Las Palmas
Maracaibo
New Orleans
Piraeus
Rio de Janeiro
Rotterdam
Santos
Singapore
News
Latest News
Blogs
Archive
Americas
Asia
Europe
Middle East
News
Air Pollution
Agreements & M&A's
Alternative Fuels
Cargoes & Storage
Efficiency, Costs & Charges
Environment
Events
Financial
Fuel Quality
Lubes & Additives
Oil Spills
People
Port News
Projects
Regulation/Legal
Services, Products, Technology
Statistics & Research
Vessels
Contact & Terms
Contact Us
Advertise
Terms & Conditions
Privacy Policy
Events
Upcoming Events