By Naida Hakirevic A consortium of Europe’s maritime research and technology leaders have launched the Fastwater project to demonstrate the feasibility of retrofit and newbuild vessels to operate on methanol as a pathway to fossil-free shipping.
With funding from the European Commission, Fastwater will focus on high impact outcomes, designing solutions for existing ships and designs for newbuildings, demonstrating methanol as a future-proof marine fuel to create a fast track to carbon-neutral shipping, the Port of Antwerp said.
Specifically, the project aims to commercialise medium and high-speed methanol-fuelled engines for shipping. Consortium members, including original engine manufacturers, shipyards, naval architects, ship owners/operators, port and
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