Methanol Institute granted consultative status at IMO

The consultative status will allow MI to attend IMO meetings as observers, participate in discussions, as well as offer input on a wide range of industry issues in plenary and working groups.

“We are grateful to IMO member states for recognising the added value our organisation’s expertise can bring to the table, and we are looking forward to contributing to the IMO’s important work towards achieving net zero by 2050,” said Gregory Dolan, CEO of Methanol Institute. This comes “at a pivotal moment when the shipping industry continues to make strides in the transition to alternative fuels,” he added.

MI said that it aims to use its consultative status at the IMO to work more closely with current member countries to establish “robust regulatory frameworks” for low-carbon shipping fuels, develop standards for the safe design, operation, and bunkering of methanol, and create market-based measures to support the introduction of low-carbon and renewable methanol.