MEPC 83: Regulatory framework crucial to synthetic fuels uptake – WinGD

Swiss marine power company Winterthur Gas & Diesel (WinGD) has called on the International Maritime Organization (IMO) to implement a robust regulatory framework and economic incentives to pave the way toward a “fossil-free future.”

PHOTO: WinGD’s methanol dual-fuel engine. WinGD

The IMO’s Marine Environment Protection Committee (MEPC) must establish the necessary regulations to drive investment in synthetic fuels or e-fuels and diminish the cost advantages of using fossil fuels, according to WinGD.

“The technology is ready and owners are willing to invest – now is the time to deliver the regulatory framework needed to scale up investment in e-fuels and reduce the cost benefit of continuing to use fossil fuels,” the company stated.

The MEPC is expected to finalise its mid-term measures this week, with potential adoption scheduled for its next meeting in October.

By Tuhin Roy

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