New research sponsored by Swiss methanol producer and shipowner Proman backs up its view that the fuel is the best bet for shipping decarbonisation now and moving forward.
The group tasked clean energy investment bank Longspur Research with looking at all the sustainable bunkering options for the sector in a market worth $105bn per year.
Proman argues methanol is already commercially and technically viable, with its safety confirmed as a ship fuel by the International Maritime Organization in November 2020.
