Carnival Corp owned Costa Group, has teamed up with methanol producer, Proman.
They signed an MOU to develop methanol as a marine fuel for sustainable cruising.
The partnership aims to accelerate the decarbonisation of the existing fleet by boosting the supply of sustainable methanol.
It would see methanol-fueled new builds.
Methanol is emerging as a leading alternative fuel due to its easy-to-handle properties.
All forms of methanol, whether natural-gas based, low-carbon or renewable, can be blended.
“The technology to retrofit a vessel for methanol is available today. Our methanol products can facilitate the transition to low carbon intensity fuels.” said Tim Cornelius, Proman’s MD of Corporate Development.
