Classification bureau DNV does not think that ammonia and methanol will play a significant role in the transition to greener fuels in this decade, as the alternative fuels are not quite ready yet.
"The technologies and supply options around both ammonia and methanol are relatively immature compared to LNG. And for the industry, it is really important to start moving, and even a 20 to 25 percent reduction in CO2 emissions is important," says DNV's CEO of Maritime, Knut Ørbeck-Nilssen, in an interview with ShippingWatch.
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