3678 results found for 'methanol'

3678 results found for 'methanol'
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  • K Line unveils fleet expansion move with methanol-ready bulk carriers

    18 January 2024
    Business Developments & Projects, Collaboration, Green Marine, Outlook & Strategy, Transition, Vessels

     Japanese shipping company Kawasaki Kisen Kaisha (K Line) has embarked on an interesting fleet expansion move in the bulk shipping sector. Namely, K Line has inked a contract with compatriot shipbuilder Nihon Shipyard, a joint venture between Japan Marine United Corporation (JMU) and Imabari Shipbuilding, for the construction of three methanol-ready post-Panamax bulkers. The 92,000 vessels […]

  • ONE confirms order for twelve methanol dual-fuel 13K TEU containerships

    17 January 2024
    Vessels

    Singapore-based shipping company Ocean Network Express (ONE) has confirmed the order for twelve 13,000 TEU methanol dual-fuel containerships at Jiangnan Shipyard and Yangzijiang Shipbuilding.

  • Orcadian gets hold of offshore license hat-trick by closing deals with UK regulator

    15 August 2024
    Authorities & Government, Business Developments & Projects, Exploration & Production, Project & Tenders, Regulation & Policy

    UK-headquartered oil and gas player Orcadian Energy has entered into binding license agreements with the North Sea Transition Authority (NSTA) for all three licenses awarded to it by the UK regulator as part of the country’s 33rd seaward licensing round.

  • Stepping into an HFO-free era in the Arctic

    1 July 2024
    Infrastructure, Vessels

    On July 1, 2024, an international ban on the use of heavy fuel oil (HFO) comes into effect in the Arctic region.

  • Operations begin at new marine fuel terminal in Frederikshavn port

    17 January 2024
    Business Developments & Projects, Green Marine, Infrastructure, Operations & Maintenance, Ports & Logistics

    Marine fuels supplier Stena Oil has commenced operations at the new fuel terminal at the Port of Frederikshavn in Denmark where a newly built bunkering vessel that handles various types of fuels, including biofuels and methanol, will be deployed. To mark taking possession of the terminal, Stena Oil’s wholly-owned subsidiary, Stena Terminals, signed the takeover […]

  • BMA Technology to provide tech solutions for A2B-online’s methanol-electric ships

    16 January 2024
    Equipment, Vessels

    Turkish company BMA Technology has partnered with A2B-online and Sedef Shipyard on the construction of two methanol-electric containerships, each with a capacity of 650 TEU. 

  • UK awards €38.6 million to develop green technologies for ports and ships

    26 January 2024
    Authorities & Government, Business & Finance, Business Developments & Projects, Green Marine, Innovation, Outlook & Strategy, Ports & Logistics, Regulation & Policy, Rules & Regulation, Technology, Transition, Vessels

    The UK Government has allocated £33 million (€38.6 million) for new technologies to 33 projects across all twelve regions of the UK to deliver demonstrations, factory trials, and feasibility studies. The funding awarded through the Clean Maritime Demonstration Competition (CMDC) totals now £128 million, to support the maritime industry to deliver net zero emissions. Among […]

  • Fratelli Cosulich orders its first methanol dual-fueled bunker tanker in China

    15 January 2024
    Business Developments & Projects, Green Marine, Infrastructure, Outlook & Strategy, Vessels

    Italian maritime transportation group Fratelli Cosulich has ordered its first methanol dual-fueled chemical bunker tanker with a capacity of over 8,000 cubic meters and the ability to carry both green methanol and biofuels. According to Fratelli Cosulich, the order for the 7,990 dwt IMO Type II chemical vessel was placed on December 15, 2023. The ship […]

  • MAN Cryo wins nod from DNV, BV for ammonia fuel supply system

    23 January 2024
    Business Developments & Projects, Certification & Classification, Regulation & Policy, Technology

    MAN Cryo, part of Germany’s engine producer MAN Energy Solutions, revealed that its design for an ammonia fuel-supply system has been awarded Approval in Principle (AiP) from classification societies DNV and Bureau Veritas.

  • MODEC and Altera: Marrying FPSO tech with renewable and low-carbon plays to shape energy transformation beyond oil & gas

    28 August 2024
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Environment, Exploration & Production, Innovation, Transition

    Japan’s MODEC and the UK-based Altera Infrastructure have set their caps on addressing the pressing challenges of the energy transition era by accelerating the shift toward a more sustainable future while supporting the security of power supply.

  • EU-backed project to convert bulk carrier to sail on climate-neutral fuels

    1 February 2024
    Business Developments & Projects, Collaboration, Green Marine, Innovation, Outlook & Strategy, Research & Development, Technology, Transition, Vessels

    A new e-fuels project has kicked off aiming to develop and convert a bulk carrier to run on climate-neutral fuels. Led by Icelandic engineering company Verkís, the European GAMMA project, initiated in January 2024, involves retrofitting a TOPIC Fleet bulk carrier with innovative technologies to demonstrate the feasibility of using e-fuels as an alternative to […]

  • China’s first ammonia/diesel dual-fuel tug enters construction phase

    24 January 2024
    Business Developments & Projects, Green Marine, Infrastructure, Vessels

    Dalian COSCO Shipping Heavy Industry has kicked off construction of China’s first ammonia/diesel dual-fuel-powered 5500HP azimuth-stern drive (ASD) tug as part of COSCO Shipping Heavy Industry’s project “R&D and Demonstration Application of Ammonia-powered Dual-fuel Engine and Supply System”. According to China Classification Society (CCS), which is also part of the research project, the construction of […]

  • Shell and Bloom Energy forge hydrogen alliance

    7 March 2024
    Business & Finance, Business Developments & Projects, Collaboration, Outlook & Strategy, Technology

    American solid oxide fuel cells producer Bloom Energy has signed an agreement with UK-based energy giant Shell to study decarbonization solutions, utilizing its proprietary hydrogen electrolyzer technology. Specifically, Bloom and Shell agreed to collaborate on developing replicable, large-scale, solid oxide electrolyzer (SOEC) systems that would produce hydrogen for potential use at Shell assets. According to […]

  • ONE wins AiP for ammonia dual-fueled vessel, accelerating progress towards net zero

    29 January 2024
    Business Developments & Projects, Certification & Classification, Infrastructure, Outlook & Strategy, Regulation & Policy, Transition, Vessels

    Singapore-based Ocean Network Express (ONE) has been awarded Approval in Principle (AiP) from classification society DNV for an ammonia dual-fueled vessel, marking another milestone for the shipping company on its journey towards net zero by 2050.

  • DNV: Orders for alternative-fueled vessels grow, methanol in spotlight

    10 January 2024
    Green Marine, Market Outlooks, Outlook & Strategy, Vessels

    According to the latest stats from DNV’s Alternative Fuels Insight (AFI) platform, a total of 298 ships with alternative fuel propulsion were ordered in 2023, with methanol going mainstream. The classification society revealed that by a small margin, methanol proved the most popular alternative fuel choice in 2023 with 138 ships ordered (excluding methanol carriers), […]

  • Singapore: Bunker sales of biofuels more than tripled in 2023

    16 January 2024
    Business Developments & Projects, Infrastructure, Ports & Logistics

    Singapore has made significant progress in the supply of alternative fuels as bunker sales of biofuel blends increased to 520,000 tonnes in 2023, which more than tripled from 140,000 tonnes in 2022.

  • Deployment of over 30 AI tools brings ADNOC $500 million while slashing emissions

    11 March 2024
    Business & Finance, Business Developments & Projects, Environment, Innovation, IT & Software, Technology, Transition

    ADNOC has used more than 30 AI solutions across its full value chain to curb its emissions footprint while generating $500 million in value during 2023.

  • TotalEnergies inks 16-year LNG supply deal with Sembcorp

    29 February 2024
    Business Developments & Projects, Collaboration, Outlook & Strategy

    French energy major TotalEnergies and Sembcorp Fuels, a wholly-owned subsidiary of Singapore-based Sembcorp Industries, have signed a sale and purchase agreement (SPA) for the long-term LNG delivery to Sembcorp. Specifically, the deal entails the delivery of up to 0.8 million tons of LNG per annum (mtpa) for a duration of 16 years, commencing in 2027, […]

  • Fratelli Cosulich pens charter deal for its second LNG bunkering vessel

    17 January 2024
    Business Developments & Projects, Outlook & Strategy, Vessels

    Italian shipowner Fratelli Cosulich and PETCO Trading Labuan Company Limited (PTLCL), a trading arm of Malaysian energy major Petronas, have signed a two-year charter agreement for Paolina Cosulich, Fratelli’s latest LNG bunker barge. Operating under PTLCL, the bunker barge will cater to the increasing demand for LNG as bunker fuel in the Straits, Fratelli stated. […]

  • Construction starts on Stena Line’s first methanol-ready NewMax hybrid ferry

    11 January 2024
    Business Developments & Projects, Infrastructure, Vessels

    Swedish ferry company Stena Line has marked a milestone on its journey towards sustainable shipping with the steel cutting ceremony for the first of its methanol-ready ‘NewMax’ hybrid ferries.

  • Erik Thun picks Cetasol’s AI solution to boost energy management of 50 ships

    30 January 2024
    Automation, Business Developments & Projects, Infrastructure, IT & Software, Vessels

    Swedish shipping company Erik Thun Group has chosen an AI-based solution developed by compatriot company Cetasol to enhance the energy management of nearly 50 vessels.

  • ExxonMobil and Chevron feel bite of lower gas prices but multi-billion profits still in the bag

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

    ExxonMobil and Chevron have joined their European counterparts in posting quarterly results affected by a global plunge in gas prices.

  • Zero Emission Shipping Fund proposal put on the table for IMO. Will it accelerate shipping’s journey to net zero?

    1 February 2024
    Business Developments & Projects, Environment, Regulation & Policy, Rules & Regulation

    The International Chamber of Shipping (ICS), the Commonwealth of The Bahamas, and the Republic of Liberia have submitted a detailed, fit-for-purpose proposal to shipping’s global regulator, the International Maritime Organization (IMO) for a Zero Emission Shipping Fund (ZESF).

  • Ports of Rotterdam and Shannon Foynes to work on green fuels supply chain corridor

    30 January 2024
    Ports & Logistics

    Ireland’s largest bulk port Shannon Foynes and the Port of Rotterdam have signed an agreement to develop a supply-chain corridor for exporting green fuels into Europe produced from the west of Ireland’s limitless wind resource.

  • Erik Thun orders two methanol-ready coastal tankers and two next-gen MPVs

    10 January 2024
    Vessels

    Swedish shipping company Erik Thun has ordered two methanol-ready coastal tankers and two next-generation multi-purpose dry cargo vessels at Shipsveerf Ferus Smit B.V. in the Netherlands.