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Methanol Powered Ships: The Future of Shipping
Methanol-Powered Ships: The future is here.
Despite being widely used in several industries for over half a century, Methanol has only caught the fancy of the shipping industry for the last 5 years, ever since Stenna broke through with the first methanol-powered vessel Germanica.
Over the last 3 years, an increasing number of shipowners have invested in Methanol-powered ships globally, some of them are already class approved by the likes of DNV-GL.
MAN and Wartsila have certified that powering ships with methanol required no structural changes, with the exception of new fuel rail systems and injectors.
Bunkering concerns remain, however, the Methanol Institute(MI) claims that because bunkering of methanol is similar to distillate fuel, very few modifications to the existing bunkering infrastructure are required.
Conversions costs are 1/4th for a Methanol-powered ship than an LNG-powered Ship.
Methanol is far more environmentally friendly, less toxic in the event of a spill with its higher biodegradability.