Switzerland-based energy supplier Proman on Thursday (21 October) said it has joined a partnership with shipping company Stena to develop a retrofit and supply solution enabling both Stena’s vessels as well as third party vessels to experience the immediate environmental benefits and greenhouse gas (GHG) emission reductions delivered by methanol.
By switching to the clean-burning fuel, methanol-powered vessels can lead the transition to a lower carbon future and significantly reduce the greenhouse gas emissions generated by conventional oil-based fuels bringing an immediate improvement in air quality around ports and shipping lanes. Sulphur oxides (SOx) and particulate matter emissions are practically eliminated, carbon dioxide (CO2) emissions reduced, and nitrogen oxides (NOx) is cut by 60%.
Furthermore, methanol’s biodegradable and water-soluble qualities significantly reduce the risk to marine environments.
“We believe that methanol is a clear frontrunner in shipping’s search for fuels beyond the fossil default and we are proud to be playing our part to help build the market for alternative fuels within shipping. We converted Stena Germanica to methanol power already in 2015 with another current partner, and that gives us valuable experience both from a conversion and operational perspective,” says Per Westling, CEO Stena RoRo.
The plans for a Retrofit & Supply solution build on the previously announced joint venture between Stena Bulk and Proman for three methanol-ready tankers. The first of the vessels, the 49,900 DWT Stena Pro Patria will be delivered in early 2022, with a further three Proman-owned but mutually operated dual-fuel vessels due in 2023.
“This announcement builds on the exciting and fruitful partnership that Stena Bulk has already forged with Proman and gives Stena another avenue to explore the use of methanol on more ship types,” comments Carl-Johan Hagman, CEO Stena Rederi.
“Methanol is the only available alternative marine fuel that offers immediate emissions reductions, dramatically improving air quality and delivering a clear shipping decarbonisation pathway for 2050 and beyond. Unlike other alternative marine fuels, methanol utilises existing technology and is safe and widely available. Proman’s partnership with Stena has grown from strength to strength,” adds David Cassidy, Chief Executive of Proman.
“Our combined vision is to dramatically accelerate the energy transition in shipping and not only talk about changing our environment but to actually make it happen. We will leverage both companies’ ambition and expertise to make methanol more widely available to vessel owners around the world and help them to join us on the transition to a cleaner shipping industry.”
Photo credit: Proman
Published: 22 October, 2021
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