The global fleet of methanol-powered ships is growing as the fuel gains traction as an alternative way to meet looming IMO 2020 requirements.

Waterfront Shipping, alongside its owner Marinvest, is set to welcome its eighth and ninth methanol-capable tankers on Friday at a ceremony in Busan, South Korea.

And while Waterfront is behind almost all methanol-capable tankers, the duo said that after spending three years working through the kinks of the fuel, the industry is starting to take notice.