Caterpillar Marine has joined the Green Maritime Methanol consortium (GMM), to work with other companies in the maritime industry to streamline adoption of methanol as a maritime transport fuel. Green methanol, an important candidate as a future fuel for the shipping industry, can be produced in a sustainable way, is easily stored on board ships, and can provide a near-zero carbon intensity.

Caterpillar recognizes the value of being a member of the GMM to accelerate the understanding of the technical and regulatory challenges of methanol as a marine fuel while demonstrating viability with actual operators in commercial service.

“As the pathways to reducing net greenhouse gases from the maritime industry have become more clear, methanol has shown it can play an important role in that future,” said Derrick York, Caterpillar Marine Managing Director.