With fossil fuels still powering roughly 99% of global shipping, the sector is seeking to reduce emissions through cleaner fuel sources – including methanol, ammonia and wind – that could soon see increased use. Last month Breakthrough Energy Ventures, a coalition of private investors founded by US tech entrepreneur Bill Gates, helped Danish start-up Blue World Technologies raise $37m to scale up production of a technological system that extracts hydrogen from methanol and runs it through a fuel cell, generating fuel savings of up to…
