
With more than 450 methanol-capable vessels in operation or on order, methanol has emerged as one of the most practical low-greenhouse-gas options for deep-sea shipping. Ship technology is advancing quickly; production, supply chains and bunkering infrastructure are what will determine how far it scales.
DNV presented the key findings of its latest white paper on methanol as a marine fuel: why methanol stands out among the alternatives, demand projections for low-GHG methanol to 2040, the regulatory drivers shaping the transition, and the strategies open to shipowners future-proofing their fleets.
Member companies from across the maritime value chain — Rolls-Royce Power Systems, Equinor and Stena — followed with their own experience of deploying methanol.