Methanex Corporation is the world’s largest producer and supplier of methanol to major international markets in North America, the Asia Pacific region, Europe and South America. As the global leader in methanol, it supports the development of new applications for methanol to provide innovative solutions for the world’s increasing energy needs.
For the marine sector, methanol is an ultra-clean burning fuel alternative that complies with the shipping industry’s increasingly stringent emissions regulations. Methanol offers ship owners a flexible and cost-effective fuel alternative. It is economically viable in terms of fuel price, as well as the costs to convert or build vessels for methanol use. As one of the world’s most widely shipped chemical commodities, methanol can be made accessible through existing global terminal infrastructure.
In 2016, Methanex’s wholly owned subsidiary, Waterfront Shipping, took delivery of seven new vessels that use MAN ME-LGI dual-fuel engines capable of running on methanol, heavy fuel oil, marine diesel oil or marine gas oil.