Costa Group, part of Carnival Corporation, and methanol producer Proman have signed an MOU to push methanol as a marine fuel for the cruise industry, according to a news release.
The partnership aims decarbonize existing cruise ships through retrofitting, as well as deploy investment in methanol-fueled new builds.
The technology to retrofit a vessel to burn methanol as a fuel is available today, as noted by Tim Cornelius, managing director of corporate development at Proman.
“As one of the most widely traded chemical commodities, the infrastructure for ship supply could be adapted from existing infrastructure,” the release states. “All forms of methanol, whether natural-gas based, low-carbon or renewable, can be blended regardless of production pathways.”
The Costa Group includes cruise brands Costa Cruises and AIDA Cruises.
