LR report identified main challenges for maritime industry’s adoption of methanol are investment and community readiness, although the fuel’s technology feasibility continues to grow.
‘Problem typically involved an increase from 0.1% to above 0.25% water content, which, although below the regulated threshold, still resulted in average losses of USD 14,910...
Success in decarbonizing shipping will likely require international rules complemented by more ambitious regional, national, and sub-national rules, says Bryan Comer of ICCT.
Overall industry confidence hit a three-year high in 2017, says Partner Richard Greiner.
47% of energy for shipping will be from oil-based fuels by 2050, finds its Energy Transition Outlook – Maritime report.
