Since then, the trend line has continued upwards, recently taking a swing northward to the point that some 50 methanol dual-fuelled vessels could be ordered before the end of 2022. The leadership shown by AP Moller-Maersk in ordering a series of methanol dual-fuelled ships indicates that large owners are prepared to take the decarbonisation challenge seriously. This marathon process has a long way to run, but among the future fuel contenders, methanol is emerging as a short-term choice with a long-term role to play. The shipping industry’s energy transition is picking up speed, but it has still to achieve the required momentum. Methanol Institutes COO Chris Chatterton wrote an article for Bunkerspot discussing methanol as a short and long-time solution for decarbonizing the shipping industry.
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