Only 10 sites worldwide have methanol bunkering facilities, research finds

In Singapore, Splash 247.com reported that a new research from Clarksons Research shows there are only 10 sites worldwide offering methanol bunkering, with another 11 under development. 

By contrast, there are 188 sites offering LNG as a ship fuel today with another 82 under development. 

“2023 was a hugely significant year in the shipping industries decarbonization pathway, with new regulation entering into force and a net zero commitment agreed at IMO. And while we remain only at the start of a vital and unprecedented fleet renewal investment program, a start has been made with 49% of current orderbook tonnage now alternative fuelled,” said Steve Gordon, global head of Clarksons Research.

Across 2023, Clarksons recorded 539 newbuild orders involving alternative fuel capable vessels, 45% of all orders placed by tonnage, the report stated.

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