Methanol Institute granted consultative status at IMO

The Methanol Institute (MI) has been granted consultative status by the International Maritime Organization (IMO). Consultative status is reserved for non-governmental, international organizations that have the capability to make a substantial contribution to the work of IMO. MI will now be able to attend meetings as an observer and offer expert input on discussions in

Methanol Institute and SEA-LNG unite against EU trade barriers

The Methanol Institute (MI) and SEA-LNG, key representatives of the methanol and liquefied natural gas (LNG) industries respectively, express their deep concerns following the recent announcement by the European Commission impacting the trade of biomethane and biomethane-based biofuels such as biomethanol, according to the company’s release. The Commission has noted the intention to exclude the

Methanol Institute releases methanol milestones

2023 was an extraordinary year, as the methanol industry moved to seize the unique opportunity presented by methanol’s rise to prominence as a preferred marine fuel of the future. Beyond shipping, the Methanol Institute (MI) has seen tens of thousands of methanol taxis sold in China, along with hundreds of trucks, including new hybrid models.

Proman to choose methanol for its future fleet

Proman’s shipping division plans to make an eventual full switch to methanol from conventional oil-based fuels, betting on methanol’s potential decarbonization effects and proven propulsion technology. The Switzerland-headquartered methanol producer has established a 50-50 joint venture with Swedish tanker firm Stena Bulk, Proman Stena Bulk, to operate six MR dual-fuel tankers capable of running on

Why the time has come for methanol as a marine fuel

Sea Commerce organized its 15th global seminar on methanol as a marine fuel with the support of the Association of Turkish Coaster Owners & Operators (KOSDER) and sponsorship by the Methanol Institute in Istanbul on March 7th, 2023. The event provided an update on the uptake of methanol as a marine fuel and its growing

Methanol Institute gets another member from Norway

American cruise line Norwegian Cruise Line Holdings (Norwegian) has become the newest member of the Methanol Institute (MI), a global trade association for the methanol industry. Norwegian operates the Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises brands. The company has a combined fleet of 29 ships and eight additional ships on order