Methanol offers a firm foundation for its use as an alternative marine fuel for the shipping world, thanks to the ability to store it onboard in liquid form at ambient temperature and atmospheric pressure. Additionally, methanol handling and power conversion technologies are mature, and there is a strong level of infrastructure already existing in ports. Furthermore, methanol’s comparatively low pollutant emissions make it a good fuel choice for owners looking to meet environmental targets. Considered as amongst the most promising alternative marine fuels to reduce greenhouse gas (GHG) emissions within the maritime industry, which is also in line with the International Maritime Organization (IMO) strategy to reduce CO2 emission by 2050. Methanol will be an important future marine fuel and adoption but there are still economical, availability, technical, infrastructure and safety challenges that need to be overcome in addition to greater knowledge of the characteristics of methanol-fuelled shipping operations that the maritime industry, both shipping companies & port operators must have before it can be adopted at scale as a maritime fuel.
For example, complexities of the end-to-end supply chain of methanol bunkering, which includes the development of a cost-effective methanol supply chain, design of methanol bunkering vessels, as well as related supply chain infrastructure. Also, how can we grow methanol availability and cost effectiveness in production, how can port operators develop and operate methanol terminals and fuel bunkering network for cost efficient and safe distribution, storage, transfer and utilization of methanol as a carbon free fuel. How can government agencies & industry stakeholders work towards the standardization of safe operation and regulations? What is the available supply of methanol, sources of methanol and future costs of methanol including potential synergies with other alternative fuels to support the decarbonization of fleet and to become financially sustianable? What are feasible technologies and business models needed to adopt methanol as a marine fuel in a sustainable manner?
This is why gathering the feedback from industry players across the maritime industry & government stakeholders, we have developed this Methanol for Maritime Industry Masterclass where we will deep dive into best practices and solutions around the use of methanol as a marine fuel, technologies, strategies & business models around it, technical & safety aspects of ammonia as a marine fuel, how ports & shipping companies can design, plan and develop their infrastructure & facilities to support the adoption methanol as a marine fuel.
Through case studies, practical insights and actual project experiences, Equip Global’s interactive 4-day masterclass on Methanol for Maritime Industry Masterclass taking place 7-10 November 2022, Live Online, will cover all of the above and more to provide you with information that can really help you grasp practical knowledge, technical understanding and economics to successfully adopt & support methanol as a marine fuel.
10 Key Benefits of Attending
- Improve your knowledge on the characteristics & chemical properties of methanol and how it can effectively perform as a marine fuel
- Gain insights into how you can overcome the complexities of end-to-end supply chain of methanol production and utilization
- Understand the technical challenges for the use of methanol as a marine fuel and how they can be overcome
- Evaluate how you can design and operate methanol bunkering vessels as well as related supply chain infrastructure
- Find out how port operators can plan, develop and operate methanol terminals and methanol fuel bunkering network for cost efficient and safe distribution, storage, transfer and utilization of methanol
- Learn about feasible technologies, engines and systems that can be used for methanol adoption
- Evaluate how methanol can be adopted at scale in a sustainable & economically viable manner
- Understand the safety aspects and considerations around the use of methanol as a maritime fuel and how you can mitigate the safety risks involved
- Find out in-depth about ship design and bunkering infrastructure through case studies and practical insights
- Improve your knowledge of the economics and business models for the use of methanol as a marine fuel
WHO SHOULD ATTEND
This masterclass is aimed at all shipping & ports industry professionals, government agencies, marine energy companies, technology & infrastructure players who are stakeholders of the ammonia value chain, with an interest & responsibility and the need to grasp knowledge in developing infrastructure, plans and strategies to adopt methanol as a maritime fuel
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