(Alliance News) - Sanlorenzo's 'Road to 2030' has hit a stumbling block. The luxury yacht builder's green trajectory has stalled due to global geopolitical tensions, which have hampered the production and distribution of green fuels. However, Chairman Massimo Perotti issued a dual challenge to institutions and Europe during Venice Climate Week, in an interview published Friday in Il Sole 24 Ore.

The technology for methanol and hydrogen-powered navigation already exists, but the infrastructure is lacking. 'We have already halted it as of early 2026,' the entrepreneur explained, referring to the construction of a 50-meter hull with dual-fuel engines. 'If you go to a client and say: I will build you a boat that runs 70% on green methanol, they reply: I will not buy it because I do not know where to refuel.' Indeed, production is missing: less than 1% of global methanol is renewable.

Finance is also pulling back, with giants like Blackrock retreating from sustainability commitments. Perotti is therefore appealing to Brussels, announcing a letter to EU Environment Commissioner Jessika Roswall: 'We have the technology and the entrepreneurs ready, but investment must be pushed. We need regulations and perhaps European legislation to make methanol tax-exempt.'

By Michele Cirulli, Alliance News reporter

Comments and questions to redazione@alliancenews.com

Copyright 2026 Alliance News IS Italian Service Ltd. All rights reserved.