16th February 2023, Genoa, Italy and Wollerau, Switzerland – Costa Group, part of Carnival Corporation and Europe’s leading cruise operator with its two brands Costa Cruises and AIDA Cruises, and the leading methanol producer, Proman, have signed an MOU to drive further the implementation of methanol as a marine fuel for the cruise industry.
The partnership aims to accelerate the energy transition and decarbonisation of the existing fleet by enhancing the supply of sustainable methanol, paving the way for the retrofitting of existing vessels to operate on clean fuel, as well as investment in further methanol-fueled new builds.
Today’s MOU reaffirms methanol’s potential to play a key role in the ongoing reduction of GHG emissions of the cruise sector and other shipping segments. It is a cleaner-burning fuel which virtually eliminates airborne pollutants such as particulate matter and sulphur oxides and is widely available and increasingly produced via lower-carbon, biogenic or hydrogen-based pathways. When used in fuel cells, methanol has the potential to allow for lifecycle zero emissions in the near future.
