Energia
Proman and Stena jointly develop methanol as the pathway to sustainable shipping
By switching to this clean-burning fuel, methanol-powered vessels can lead the transition to a lower carbon future and significantly reduce the greenhouse gas emissions generated by conventional oil-based fuels bringing an immediate improvement in air quality around ports and shipping lanes. Sulphur oxides (SOx) and particulate matter emissions are practically eliminated, carbon dioxide (CO ) emissions reduced, and nitrogen oxides (NOx) is cut by ~60%. Furthermore, methanol's biodegradable and water-soluble qualities significantly reduce the risk to marine environments.
Proman and Stena have uniquely complementary skills enabling them to jointly offer a turn-key solution for the shipping industry to benefit from a methanol-based pathway to a sustainable low-carbon future. In 2015 Stena was the first ship owner in the world to convert a large vessel to methanol power together with a current partner. Since then, the vessel has been operated safely and conveniently, thereby demonstrating the potential of using methanol as a marine fuel. Methanol produced from natural gas brings an immediate CO2 reduction which will be further reduced to over 90% as renewable and sustainable methanol becomes more widely available as marine fuel.
The plans for a solution build on the previously announced joint venture between Stena Bulk and Proman for three methanol-ready tankers. The first of these vessels, the 49,900 DWT will be delivered in early 2022, with a further three Proman-owned but mutually operated dual-fuel vessels due in 2023.
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Methanol is a clean burning fuel which brings immediate environmental benefits on land and sea. Methanol eliminates sulphur oxides (SOx) and particulate matter emissions and cuts nitrogen oxides (NOx) by approximately 60%.
Methanol is safe. It has been shipped globally, handled, and used for over 100 years. Methanol remains liquid at ambient temperatures, making it easy to handle like existing marine fuels, and safety procedures for handling methanol are well known and practiced all over the world.
It quickly dissolves in water and biodegrades rapidly, making a methanol spill far less damaging for the environment compared to MGO, VLSFO, HFO or other oil-based fuel spills. Indeed, methanol is actually used in water treatment plants.
Risk classification societies and the IMO have already developed standards and guidelines for methanol as a marine fuel, with regulatory acceptance under the IMO IGF Code.
Methanol is widely available at over 122 ports worldwide. Unlike alternative fuels like LNG, methanol only requires minor modifications to existing terminal infrastructure, bunkering and fuel storage facilities to support shipping operation. On board, methanol behaves like established fuels and is easy to store and pump for direct injection into the engine.
Stena Rederi AB is part of Stena AB Group in Sweden who has activities within Ferries, Tankers, Ports, Offshore drilling, Ship Management, Real estate, and other investments. The group has a 3.5 billion€ turnover and 15.000 employees and operates more than 140 vessels worldwide.
Proman is an integrated energy company and the world's second largest methanol producer.
Headquartered in Switzerland , with assets in the United States , Trinidad and Oman , and ongoing expansion into Mexico , Proman is a global leader in methanol, fertilizer, and other products such as melamine and has extensive experience in petrochemical plant operations, petrochemical and power plant construction, marketing and logistics, and project management.
Proman is committed to developing sustainable methanol and ammonia as cleaner alternatives to fossil fuels, offering a pathway to drastically cutting emissions in power generation, overland transportation, shipping, and industry.
Learn more about our work along the clean shipping supply chain here: https://www.proman.org/methanol-as-a-marine-fuel/