DNV has launched the first public tender portal for e-methanol procurement in the EU and UK, connecting industrial offtakers with European producers. This initiative aims to enhance the availability of low-carbon fuel essential for maritime transport and heavy industry, aligning with Europe’s renewable energy regulations and accelerating the shift toward cleaner energy solutions.
Scandlines aims to achieve zero direct emissions in its ferry operations by 2040, partnering with Caterpillar Motoren to explore converting MaK diesel engines to run on e-methanol. This sustainable fuel could reduce CO2 emissions by up to 95%. Caterpillar Marine is investing in methanol engine technology for future dual-fuel engines.
The Methanol Institute’s white paper suggests that EU regulations like FuelEU Maritime and EU Emissions Trading System could boost bio- and e-methanol’s competitiveness against fossil fuels in the maritime industry. With penalties for fossil fuel use, these frameworks could drive the shift towards sustainable methanol, aiding the industry’s goal of net-zero emissions by 2050.
