Methanol Raised as Topic of Review at IMO

The Methanol Institute called on delegates to the IMO’s Maritime Safety Committee meeting to approve amendments to the International Code of Safety for Ships using Gases or other Low-flashpoint Fuels Code (IGF Code) that will include guidance on the use of methanol as a marine fuel, bringing ethyl and methyl alcohols, fuel cells and low-flashpoint diesel into the code and the Methanol Institute believes final regulatory approval can be a catalyst for more ship operators to consider methanol alongside the bunkering guidance and class rules already in place.

12 methanol-powered ships are already in operation with nine others ordered, and the Methanol Institute expects amendments to the code would shorten approval times and lower construction costs.

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