Connect with us

Alternative Fuels

IDTechEx research outlines issues towards using methanol as a bunker fuel

‘Green methanol is still a hydrocarbon, and its use can only sustain current carbon levels since it re-emits the carbon captured to make it,’ states Principal Technology Analyst.

Admin

Published

on

Fuel Cell Boats Ships a Methanol to the Madness

Recent research by independent market research and business intelligence provider IDTechEx on Tuesday (7 March) highlighted several advantages and disadvantages towards using methanol as a bunker fuel.

The report ‘Fuel Cell Boats & Ships, a Methanol to the Madness’ noted green methanol to be amongst the most comparable alternative fuels to diesel in terms of energy density.

“And since methanol can be transported as a liquid at around ambient conditions, existing diesel bunker infrastructure can be modified for methanol rapidly at low cost, in contrast to liquid hydrogen and ammonia which require much lower liquefaction temperatures (-253C and -33C, respectively),” stated Luke Gear, Principal Technology Analyst at IDTechEx.

“These advantages make the logistics of using methanol easy, making it attractive for ship operators.

However, the documented stated of several disadvantages towards using the material as a marine fuel.

“Green methanol is still a hydrocarbon, and its use can only sustain current carbon levels since it re-emits the carbon captured to make it,” explained Gear.

“This undermines its potential as a long-term solution compared to green hydrogen and ammonia, particularly as the IMO shifts focus towards regulating greenhouse gases.

“Nonetheless, high concentrations of CO2 are created as a by-product in methanol systems, which lends itself to (re) carbon capture.

“This creates the potential for a more ‘circular’ approach which would keep carbon out of the environment, although this is currently a secondary priority for suppliers and adds cost and complexity.”

Another factor important in the midterm is that green methanol is still a derivative of green hydrogen, he noted.

“For the next decade, green hydrogen will be in short supply, expensive, and demanded by multiple sectors for the so-called hydrogen economy – funnelling it into first-use applications will be the most efficient way to lower emissions,” he wrote.

“The industry must also factor in the continued use of LNG or methane. While LNG emits powerful greenhouse gases with methane slip, the fuel has a similar performance to methanol and can also be created artificially with green hydrogen and carbon capture (e-methane).”

Though the bunker infrastructure for liquid methane is costly (due to the -153C storage requirement, it has been growing for decades due to initial regulation focused on reducing emissions of SOx, NOx, and PM, recognised Gear.

“The question becomes: is it worth dividing resources to develop LNG/methane, ammonia and hydrogen, and methanol?” He asked.

“Choosing to develop a few promising solutions quickly, rather than everything everywhere all at once, would be wise.

“Hydrogen and ammonia create a long-term pathway to zero GHG emissions. Between the hydrocarbons, LNG has a similar performance to methanol and is already widely developed today. Moreover, the continued importance and demand for LNG carriers were indeed highlighted in 2022 with the disruption to natural gas pipelines.”

Overall, Gear believed it is easy to envisage a future with broader adoption of hydrogen PEMFC and batteries in the mid-term and ammonia SOFC adoption in the long term for a true pathway to zero emissions.

“However, the slow development of these solutions could create opportunities for methanol,” he said.

“What is clear is that decarbonizing the marine industry is an immense challenge and one which will continue to rely on multiple solutions, investments, new regulations, collaboration, and testing from both the public and private sectors.”

 

Photo credit: IDTechEx
Published: 8 March, 2023

Continue Reading

Alternative Fuels

Yang Ming orders six LNG dual-fuel, ammonia-ready containerships from Hanwha Ocean

Each of the six new vessels will have a capacity of up to 13,650 TEU and feature LNG dual-fuel propulsion and Ammonia Fuel Ready specifications.

Admin

Published

on

By

Yang Ming orders six LNG dual-fuel, ammonia-ready containerships from Hanwha Ocean

Taiwanese shipping firm Yang Ming Marine Transport Corporation (Yang Ming) and South Korean shipbuilder Hanwha Ocean on Wednesday (2 September) signed a shipbuilding contract for six 13,000 TEU class LNG dual-fuel container vessels. 

The contract was signed by Dr. Chuck Tsai, Chairman of Yang Ming, and Mr. Charles Kim, CEO of Hanwha Ocean. The vessels are scheduled for delivery between 2028 and 2029. 

They will complement Yang Ming’s existing fleet of 10,000+ TEU vessels and serve as key vessels on East-West services, with deployment flexibility across trade lanes connecting Asia with the East and West Coasts of North America, South America, and the Mediterranean. 

Each of the six new vessels will have a capacity of up to 13,650 TEU and feature LNG dual-fuel propulsion and Ammonia Fuel Ready specifications.

“As Yang Ming transitions toward net-zero emissions, LNG provides a relatively mature and economically viable alternative fuel solution, capable of reducing greenhouse gas emissions by approximately 20%,” the company said. 

“At the same time, ammonia can serve as a carbon-free fuel by utilising converted LNG storage facilities, while offering relatively lower conversion costs and comparatively well-developed supply chains and infrastructure. The Ammonia Fuel Ready design will therefore provide Yang Ming with greater flexibility in responding to increasingly stringent international regulations on greenhouse gas emissions.”

In addition, the vessels will be equipped with Type B LNG fuel tanks with a design pressure of 1.0 bar to enhance the safety and efficiency of LNG operations, together with a range of energy-saving technologies, including Wind Shields, Rudder Bulbs, Pre-Swirl Stators, and Shore Power Systems. Smart ship technologies and cybersecurity protection features will also be incorporated to enhance operational efficiency, safety, and reliability while effectively reducing fuel consumption and greenhouse gas emissions.

Deliveries under Yang Ming’s next-generation fleet optimization plan commenced earlier this year. By 2030, a total of 24 new vessels are expected to enter service. 

This includes 18 LNG dual-fuel vessels—comprising five 15,500 TEU, seven 16,000 TEU, and the six 13,000 TEU vessels under this contract—alongside six 8,000 TEU methanol dual-fuel-ready ships. 

 

Photo credit: Yang Ming Marine Transport
Published: 4 September, 2026

Continue Reading

Alternative Fuels

LR, China’s MARIC unveil tanker concept ready for three future bunker fuels

Both secured AiP for a new 114,000 DWT product and crude oil tanker designed to accommodate future conversion to LNG, methanol or ammonia.

Admin

Published

on

By

LR, China’s MARIC unveil tanker concept ready for three future bunker fuels

Lloyd’s Register (LR) and the Marine Design and Research Institute of China (MARIC) on Thursday (3 September) have secured Approval in Principle (AiP) for a new 114,000 DWT product and crude oil tanker designed to accommodate future conversion to LNG, methanol or ammonia.

Announced at SMM 2026, the concept addresses one of the biggest investment challenges facing shipping today: the need to develop vessels and capabilities that can support a range of alternative fuel options and pathways as technologies, infrastructure and regulations evolve.

While LNG is already a mature fuel pathway, methanol and ammonia remain at an earlier stage of development, with questions around global fuel availability, infrastructure development, economics and long-term adoption.

The 114,000 DWT tanker concept has been designed as a product and crude oil carrier that can accommodate future conversion to LNG, methanol or ammonia as technologies, regulations and fuel supply chains mature. By incorporating conversion readiness at the design stage, the concept aims to reduce future retrofit complexity and provide owners with greater confidence when planning long-term fleet investments.

The design concept was reviewed against LR’s July 2026 class rules and regulations, including requirements relating to ships using gases and other low-flashpoint fuels, alongside relevant IACS Common Structural Rules for oil tankers. Final classification and statutory approval remain subject to full compliance with all applicable rules and regulations.

Theo Kourmpelis, Global Business Director for Tankers, Lloyd’s Register, said: “Shipowners are being asked to make major investment decisions today despite continued uncertainty around which fuels will dominate in the decades ahead. Alternative fuel solutions each offer potential pathways to compliance, but fuel infrastructure, regulation and economics continue to evolve at different speeds around the world.

“Designs that preserve flexibility will be critical in helping owners manage risk while preparing for multiple future scenarios.”

Si Nan, Marine & Offshore Marketing Department Vice Director, MARIC, said: “As the industry explores different decarbonisation pathways, shipowners need vessel designs that can adapt alongside technological and regulatory developments. This concept was developed specifically to provide greater fuel flexibility and long-term resilience, allowing owners to respond to changing market requirements without being locked into a single fuel strategy.

“Receiving Approval in Principle from Lloyd’s Register is an important milestone that validates the design concept and supports its future development.”

 

Photo credit: Lloyd’s Register
Published: 4 September, 2026

Continue Reading

Alternative Fuels

DNV: Alternative-fuelled vessel orders hit highest monthly level since October 2024

LNG-fuelled vessels accounted for the vast majority of August activity while the strong summer performance marked a significant acceleration in ordering activity after a relatively slow start to the year.

Admin

Published

on

By

DNV: Alternative-fuelled vessel orders hit highest monthly level since October 2024

Latest data from classification society DNV’s Alternative Fuels Insight (AFI) platform alternative-fuelled vessel ordering was strong in August, with 52 new vessels added to the platform.

This is the highest monthly total since October 2024 and follows another active month in July, when 47 vessels were added to the database.

LNG-fuelled vessels accounted for the vast majority of August activity, with 46 orders recorded. The container segment led the way with 30 orders, while the car carrier segment contributed a further 12 LNG-fuelled vessels. In addition, four ethanol-fuelled bulk carriers and two hydrogen-powered bulk carriers were added during the month, as well as one LNG bunker vessel.

The strong summer performance marked a significant acceleration in ordering activity after a relatively slow start to the year. In total, 242 alternative-fuelled vessel orders have been placed in the first eight months of 2026, representing a 27% increase compared with the same period in 2025.

LNG remains the dominant fuel choice, accounting for 63% of all alternative-fuelled vessel orders registered so far this year. Container vessels represent the largest share of these LNG orders (59%), followed by car carriers (30%).

Jason Stefanatos, Global Decarbonization Director at DNV Maritime, said: “The past two months have been particularly strong for alternative-fuelled vessel ordering, with August recording the highest monthly total we’ve seen since October 2024. This has helped lift year-to-date orders to a level well above the same period last year.

“LNG remains the leading fuel choice, driven largely by activity in the container and car carrier segments. These sectors have been among the earliest adopters of alternative fuels, supported by predictable liner operations and increasing demand from cargo owners to reduce emissions across supply chains. 

“For many owners, LNG offers a combination of emissions reductions, fuel availability and future flexibility while the longer-term fuel landscape continues to evolve. 

“At the same time, the latest figures include orders for ethanol- and hydrogen-fuelled vessels, highlighting that owners continue to explore a range of decarbonization pathways. Different segments are making different fuel choices, but the overall level of activity demonstrates continued investment in lower-emission shipping.”

Screenshot 2026 09 04 at 12.29.26 PM Screenshot 2026 09 04 at 12.29.36 PM

 

Photo credit: DNV
Published: 4 September, 2026

Continue Reading
Advertisement

OUR INDUSTRY PARTNERS



Trending