You are using an outdated browser For a better experience using this site, please upgrade to a modern web browser. Subscribe Get Daily Email Subscribe --> Contact Us Sign in Home News & Features Compliance Costs Bunker Prices Bunker Intelligence World News Latest Features World Americas EMEA Asia/Pacific Home News & Features World Methanol Institute Rebrands as The Global Methanol Alliance Methanol Institute Rebrands as The Global Methanol Alliance by Ship & Bunker News Team Wednesday September 2, 2026 Tweet Follow @shipandbunker Trade body says the new identity reflects methanol's spread across sectors. Image Credit: MI Methanol Institute becomes MI, The Global Methanol Alliance Body cites methanol-capable fleet of over 150 vessels, with 290 -plus on order Renewable methanol capacity seen growing from 0.9 million to 6-12 million mt by end- 2031 New website launched as methanol data and market intelligence hub The Methanol Institute has rebranded as MI, The Global Methanol Alliance , saying the new name reflects what the trade body has grown into as methanol spreads beyond its chemical roots. The organisation says methanol is now a well-established marine fuel, counting more than 150 methanol-capable vessels in operation and over 290 on order, alongside growing applications in aviation, road transport, power generation, and as a hydrogen carrier. It puts renewable methanol production capacity at 0.9 million mt today across 47 operational or in-development projects, and expects that capacity to reach 6 million to 12 million mt by the end of 2031 . "The methanol industry has changed, and we have changed with it," said Ben Iosefa , chair of MI's board of directors, in a statement on Tuesday. "Over the past six years, we have seen methanol move into new markets and our membership expand across sectors and the value chain." The body says it increasingly operates where those sectors intersect, connecting industry with policymakers and working across the value