Methanol is a versatile chemical traditionally used to produce a wide range of other commodity chemicals like formaldehyde, acetic acid, and MTBE. Formaldehyde, acetic acid, and MTBE are the three primary chemicals that make up around 85% of methanol’s use in chemical applications. Formaldehyde is used to make urea-formaldehyde and phenol-formaldehyde resins, which are widely […]
Chinese Self-Imposed Marine Fuel Sulfur Limits
We have written extensively about Emission Control Areas (ECAs) and their impact on LNG as a marine fuel. The International Maritime Organization (IMO) set up regulations that require all vessels traveling within ECAs to adhere to fuel standards which set a maximum amount of sulfur content. Additionally, the IMO set up regulations, though less stringent, […]
LNG: Poised to Fuel the Next Generation of Cruise Ships
The world’s largest cruise company, Carnival Corporation, recently signed a memorandum of agreement with German and Finnish shipbuilders for three LNG fueled cruise ships. The ships are expected to be delivered in 2020, 2021, and 2022. This brings the total number of LNG fueled cruise ships on order by Carnival to seven. Additionally, Carnival’s first […]