LR Discusses Obstacles to Uptake of Ammonia and Methanol Bunkers

Lloyd’s Register identifies economic barriers to methanol adoption, noting that high costs and infrastructure gaps hinder its use in passenger shipping. Prioritizing low-carbon production is essential to reduce total ownership expenses and make this low-carbon solution viable for the maritime sector. For ammonia, the focus shifts to safety and operational frameworks. While historical experience with ammonia cargo offers a foundation, significant concerns regarding toxicity, crew training, and environmental health remain critical hurdles that the industry must address proactively. These insights are vital for open data initiatives, as transparent datasets on fuel costs, safety incidents, and regulatory compliance enable better risk assessment. Accessible information drives informed decision-making, helping stakeholders navigate the complex transition to sustainable marine fuels by highlighting both economic realities and safety imperatives.

Source: shipandbunker.com
Published on 2024-03-27