3678 results found for 'methanol'

3678 results found for 'methanol'
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  • KfW IPEX-Bank to fund Smyril Line’s new e-methanol RoRo newbuilds

    22 February 2024
    Business & Finance, Business Developments & Projects, Infrastructure, Vessels

    Germany’s KfW IPEX-Bank has decided to support Smyril Line’s recently announced fleet-renewal program with a financing of €90 million.

  • Dual-fuel methanol offshore wind turbine installation vessel design gets ABS’ nod

    21 February 2024
    Business Developments & Projects, Certification & Classification, Infrastructure, Regulation & Policy, Research & Development, Vessels

    Classification society ABS has issued an Approval in Principle (AiP) to China’s Yantai CIMC Raffles Offshore for its design of a methanol dual-fuel, heavy-duty offshore wind turbine installation vessel (WTIV).

  • YSA Design rolls out concept for biomethanol-powered sailing cruise ship

    15 April 2024
    Business Developments & Projects, Infrastructure, Innovation, Vessels

    Norwegian company YSA Design has unveiled a concept for a new sail-powered catamaran cruise ship.

  • MOL, 123Carbon complete carbon insetting pilot

    19 February 2024
    Business Developments & Projects, Collaboration, Outlook & Strategy, Transition

    Japanese shipping company Mitsui O.S.K. Lines (MOL) has completed an insetting pilot with the Dutch company 123Carbon by tokenizing the GHG emission reductions from the net zero voyage which was conducted jointly with Canada’s methanol supplier Methanex Corporation in February 2023.

  • Diana Shipping seals deal on methanol-powered Kamsarmaxes

    16 February 2024
    Business Developments & Projects, Green Marine, Vessels

    Greek shipowner Diana Shipping is doubling down on its commitment to methanol as part of its fleet renewal investments. The company revealed on Wednesday that it has signed shipbuilding contracts for two 81,200 dwt methanol dual fuel Kamsarmax dry bulk vessels, worth $46 million each. This strategic move follows the company’s earlier disclosure in September […]

  • MPCC presses ahead with fleet renewal and decarbonization

    19 February 2024
    Business Developments & Projects, Infrastructure, Vessels

    Norwegian feeder vessel owner MPC Container Ships (MPCC) has unveiled new strategic initiatives that will significantly accelerate the company’s journey towards fleet renewal and decarbonization.

  • Mabanaft secures funding for new methanol solar plant in Australia

    15 February 2024
    Business & Finance, Business Developments & Projects, Infrastructure, Outlook & Strategy, Project & Tenders, Research & Development

    Hamburg-based energy company Mabanaft has received grant approval from the German Projektträger Jülich for the potential construction of a new green methanol plant in Port Augusta, South Australia. In cooperation with Australian renewable energy company Vast, Mabanaft intends to build a solar methanol plant with a capacity of approximately 7,500 tonnes per year and a […]

  • Liquid Wind and Uniper forge alliance to boost development of eFuels

    11 July 2024
    Business Developments & Projects, Collaboration, Infrastructure, Outlook & Strategy

    Liquid Wind and Uniper signed a strategic partnership agreement to boost eFuel facilities’ development for fossil-free eMethanol production.

  • Glomar claims 28% emissions reduction using GoodFuels’ biofuel

    23 February 2024
    Collaboration, Vessels

    Dutch offshore drilling services provider Glomar Offshore has revealed that it has achieved CO2 emissions reduction by 28% by transitioning from traditional fuels to GoodFuels’ HVO30, a sustainable marine biofuel blend.

  • Vitol Bunkers welcomes its first biofuel bunker barge in Singapore

    22 February 2024
    Business Developments & Projects, Green Marine, Infrastructure, Outlook & Strategy, Vessels

    Vitol Bunkers, a wholly-owned bunker arm of energy and commodities company Vitol, has taken delivery of its first specialized biofuel bunker barge, Marine Future, in Singapore, bolstering its position in Asia’s biofuel bunker market. Built in China, the vessel is 102.6 meters long and can carry about 7,000 MT of biofuels. The addition of this […]

  • Liquid Wind to fuel Wasaline’s Aurora Botnia with eMethanol from FlagshipTHREE plant

    20 March 2024
    Business & Finance, Business Developments & Projects, Collaboration, Green Marine, Infrastructure, Outlook & Strategy, Vessels

    Electrofuel (eFuel) developer Liquid Wind has signed a letter of intent (LoI) with energy firm Umeå Energi and shipping company Wasaline for the sale and purchase of eMethanol from the eFuel facility in Umeå, Sweden. 

  • PowerCell joins new EU project to develop marine fuel cells

    1 March 2024
    Business Developments & Projects, Collaboration, Green Marine, Outlook & Strategy, Project & Tenders, Research & Development, Technology, Transition

    Swedish hydrogen fuel cell provider PowerCell has joined H2Marine, an EU project aimed at developing innovative hydrogen solutions with a focus on developing and testing fuel cells specifically for marine applications. The project entails a comprehensive process of design, development, testing, and distribution of PEM fuel cell stacks that generate 250-300 kW of electricity. The […]

  • Danaos returns to Yangzijiang for two more methanol-ready containerships

    14 February 2024
    Business Developments & Projects, Green Marine, Vessels

    Greek shipowner Danaos Corporation has placed a $188.4 million order for the construction of two methanol-ready 8,258 TEU containerships at Yangzijiang shipyard in China. The latest fleet renewal move brings the company’s orderbook to twelve ECO methanol-ready containership newbuilds with an aggregate capacity of 91,430 TEU. The deliveries are spread across 2024 and 2027, with the latest […]

  • 23 methanol-powered ships ordered since the start of 2024

    13 February 2024
    Business Developments & Projects, Green Marine, Market Outlooks, Outlook & Strategy, Transition, Vessels

    The maritime industry’s fervor for alternative fuels shows no signs of abating as we enter 2024. According to data from DNV-Maritime, since the beginning of the year, 23 methanol-fueled ships have been to the Alternative Fuels for Shipping Index (AFI) database. The ordering has been dominated by the containership sector solidifying the sector’s momentum toward […]

  • Hellmann cuts CO2 footprint with HMM’s Green Sailing Service

    4 March 2024
    Collaboration, Outlook & Strategy

    South Korea’s national flagship carrier HMM has forged a strategic partnership with Germany’s transport and logistics company Hellmann Worldwide Logistics that will see Hellmann becoming an official participant of HMM’s Green Sailing Service.

  • Japanese player helping Petronas find methane and GHG emissions reduction tools offshore Malaysia

    11 April 2024
    Business & Finance, Business Developments & Projects, Collaboration, Environment, Innovation, Project & Tenders, Research & Development, Technology, Transition

    JGC was selected by Petronas to commission a study to formulate methods to control methane and other GHG emissions offshore Malaysia.

  • New carbon credit methodology to tackle methane emissions launched

    12 September 2024
    Research & Development, Technology

    Swiss technology company Daphne Technology has launched new carbon credit methodology with the aim to reduce methane emissions from internal combustion engines using any methane-rich fuel. 

  • OMV steps up its methane reduction game by joining UN program for curbing such emissions

    30 April 2024
    Business & Finance, Business Developments & Projects, Exploration & Production, Transition

    OMV is the latest in the long line of oil and gas players that have thrown their support behind the Oil & Gas Methane Partnership (OGMP 2.0).

  • Chevron knocks on Wärtsilä’s door for LNG fleet engine conversion in pursuit of methane slip cuts

    19 September 2024
    Business & Finance, Business Developments & Projects, Collaboration, Project & Tenders, Technology, Transition, Vessels

    Wärtsilä and Chevron are teaming up on converting one engine on six of Chevron Transport Corporation’s liquefied natural gas (LNG) carriers in a bid to reduce their methane emissions. 

  • Japanese duo carries out GHG emissions quantification project at MODEC’s Brazilian FPSO pair

    7 May 2024
    Business & Finance, Business Developments & Projects, Research & Development, Transition

    MODEC and JGC Corporation have wrapped up a project aimed at measuring and quantifying emissions of methane and other greenhouse gases (GHG).

  • EU’s first-ever methane clampdown regulation becoming law of the land

    16 July 2024
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Regulation & Policy, Rules & Regulation, Transition

    The EU has set standards in place to curb its methane footprint from the energy sector, with the historic legislation to slash methane emissions in Europe.

  • Vår Energi shifts methane reduction efforts into higher gear as it comes aboard UN-led program

    29 May 2024
    Business Developments & Projects, Outlook & Strategy, Transition

    Vår Energi has joined an initiative led by the United Nations Environment Programme to improve the accuracy of methane emissions reporting.  

  • SEA-LNG welcomes MAN ES back to coalition

    21 June 2024
    Business Developments & Projects, Collaboration, Green Marine, Outlook & Strategy

    MAN Energy Solutions (MAN ES) has rejoined SEA-LNG, a multi-sector industry coalition promoting LNG as a marine fuel.

  • Osaka Gas joins SEA-LNG coalition as it pursues plans to launch LNG bunkering business in 2026

    20 August 2024
    Business Developments & Projects, Collaboration, Green Marine, Outlook & Strategy

    SEA-LNG, a multi-sector industry coalition promoting LNG as a marine fuel, has welcomed a new member – Japanese gas company Osaka Gas. Osaka Gas is working to increase the share of renewables in its power generation portfolio through partnerships with other international companies to sponsor the creation of a global coalition exclusively dedicated to electric […]

  • Japanese duo employs biomethane to bolster efforts toward carbon-neutral future

    4 April 2024
    Business & Finance, Business Developments & Projects, Collaboration, Project & Tenders, Transition

    Two Japanese players, Mitsui & Co. and Tokyo Gas, have brought liquefied biomethane derived from biogas produced overseas to Japan.