Alternative Fuel Market Insights
Key data driving the shift to green marine fuel — Methanol + B100 dual-fuel bunkering now available
0
Green Methanol Vessels
In Operation
In Operation
0
Green Methanol Vessels
On Order
On Order
0
Ports with Green Methanol
Bunkering
Bunkering
Oct 2026
IMO Decision
on Emissions Framework
on Emissions Framework
Alternative Fuel Vessel Orderbook
Total 1,942 alt-fuel capable vessels on order globally (2026)
Source: Lloyd's Register, DNV Alternative Fuels Insight 2025–2026
Alternative Fuel Comparison
Key factors for shipowners evaluating fuel transition
| Green Methanol | LNG | Ammonia | Biodiesel (B100) | |
|---|---|---|---|---|
| Readiness (TRL) | 8–9 Commercial | 9 — Mature | 6–7 — Pilot only | 9 — Drop-in ready |
| Bunkering Ports | 48 | 200+ | <5 — Very limited | All ports — drop-in |
| CO₂ Reduction | Up to 95% (green) | ~25% — Insufficient for IMO targets | Up to 90% | Up to 80% |
| Methane Slip | None | Significant risk — IMO crackdown expected | None | None |
| Toxicity | Low (biodegradable) | Non-toxic | Extremely toxic — fatal on exposure | Non-toxic, biodegradable |
| Engine Availability | MAN, Wärtsilä, HiMSEN | MAN, WinGD, Wärtsilä | Limited pilots — no commercial 2-stroke | All existing engines |
| Storage | Ambient pressure & temp | Cryogenic −162°C — boil-off risk | Pressurized / cooled — leak = lethal | Standard tanks — no retrofit |
| CAPEX Impact | Moderate | High — cryo tanks, boil-off handling | Very high — safety systems, crew training | Zero CAPEX — no modification |
| IMO 2026 Outlook | Favorable — no methane penalty | At risk — methane slip penalty likely | Uncertain — safety regs pending | Favorable — drop-in compliance |
IMO Regulatory Timeline
Key milestones driving alternative fuel adoption
Jan 2020
IMO 2020
Global sulfur cap 0.50% — VLSFO era begins
Jan 2023
CII & EEXI
Carbon Intensity Indicator ratings enforced
Jan 2025
EU ETS Phase-in
40% → 70% (2026) → 100% (2027) of shipping emissions covered by EU ETS
Jan 2025
FuelEU Maritime
EU mandates GHG intensity reduction: −2% (2025) → −6% (2030) → −80% (2050)
Oct 2026
IMO MEPC 83
Net-zero framework adoption — methane slip rules, GHG fuel standard expected
2030
IMO Mid-term Target
At least 5% of energy from zero/near-zero GHG fuels
2050
Net Zero Shipping
IMO target: net-zero GHG emissions from international shipping
Why Green Methanol?
🔧
Simple Infrastructure
Ambient temperature & pressure storage — no cryogenic systems. Existing chemical tanker infra can be adapted.
🌱
Scalable Green Pathway
Bio & e-methanol ready today, scalable as production grows — same engine, same infrastructure.
📋
Regulatory Advantage
No methane slip risk (unlike LNG). Favorable under IMO GHG framework, EU ETS, and FuelEU Maritime.
⚡
Fast Growing Fleet
385 vessels on order. Maersk, CMA CGM, Hapag-Lloyd, Evergreen committed. MAN, Wärtsilä, HiMSEN engines available.
Why B100 Biodiesel?
🔄
Drop-in — Zero CAPEX
Works in existing engines with no modification. No new tanks, no retrofits, no crew retraining needed.
🚀
Instant Compliance
Up to 80% CO₂ reduction. Meet EU ETS and FuelEU targets immediately without fleet investment.
⚖️
Flexible Blending
B100 biodiesel — drop-in fuel with flexible adoption. Switch back to LSMGO anytime.
🛡
Low Risk, Proven
Non-toxic, biodegradable, widely available. Standard tanks, standard bunkering ops. TRL 9 — commercial today.
Ready to switch to green fuel?
Methanol, B100, or both — dual-fuel bunkering at any Korean port. One inquiry covers it all.
Request Bunkering