3678 results found for 'methanol'

3678 results found for 'methanol'
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  • Sweden closes investigation on Nord Stream pipeline incident

    7 February 2024
    Authorities & Government, Business & Finance, Business Developments & Projects, Collaboration, Infrastructure, Project & Tenders, Regulation & Policy, Safety

    Sweden has decided to close its investigation concerning the explosions on the Nord Stream 1 and 2 gas pipelines that occurred in September 2022. Germany, Sweden and Denmark each initiated respective national investigations into the incident after four gas leaks were found on the Nord Stream 1 and 2 pipelines in September 2022, two in Sweden’s exclusive economic […]

  • IAPH President: Ports should not compete but collaborate to ensure infrastructure for green fuels

    29 December 2023
    Collaboration, Infrastructure, Outlook & Strategy, Ports & Logistics, Transition

    Jens Meier, President of the International Association of Ports and Harbors (IAPH) and CEO of Hamburg Port Authority has called on ports to actively collaborate on knowledge sharing between themselves and the maritime community to accelerate decarbonization.

  • CIP and Mexican authorities to collaborate on green hydrogen and maritime fuels project

    26 December 2023
    Authorities & Government, Business Developments & Projects, Collaboration, Green Marine, Infrastructure, Outlook & Strategy, Project & Tenders, Regulation & Policy, Research & Development, Transition

    Copenhagen Infrastructure Partners (CIP), the world’s largest fund manager within greenfield renewable energy, has agreed with Mexican authorities to collaborate on Helax Istmo, a green hydrogen and green maritime fuels project in the Isthmus of Tehuantepec, in Oaxaca, Mexico. CIP will develop the Helax Istmo project in Mexico through its Growth Markets Funds II and […]

  • Alfa Laval fuel supply system for industry’s first methanol boxship retrofit project

    7 December 2023
    Business Developments & Projects, Collaboration, Equipment, Infrastructure, Outlook & Strategy, Transition, Vessels

    Danish shipping giant Maersk has selected Alfa Laval’s fuel supply system FCM Methanol for its pioneering methanol retrofit project.

  • SLB and Equinor come closer to fully autonomous drilling with ‘exciting milestone’ off Brazil

    31 January 2024
    Business & Finance, Business Developments & Projects, Collaboration, Exploration & Production, Project & Tenders, Technology

    SLB and Equinor have made inroads in bringing fully autonomous drilling operations to life while drilling a well section off Brazil.

  • China’s first methanol-fueled Ultramax bulk carrier wins ABS’ nod

    8 December 2023
    Certification & Classification, Vessels

    Classification society ABS has issued approval in principle (AiP) to Lemissoler Navigation for its design of a methanol-fueled Ultramax bulk carrier, the first such methanol vessel for China’s shipbuilding industry.

  • Australia’s $2 billion Hydrogen Headstart program reaches new stage

    26 December 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Outlook & Strategy, Regulation & Policy

    On behalf of the Australian government, the Australian Renewable Energy Agency (ARENA) has revealed that six applicants have been shortlisted and invited to submit a full application in the next stage of the $2 billion Hydrogen Headstart program. The applicants include: Together, the applicants are said to represent a total electrolyzer capacity of over 3.5 […]

  • Tsuneishi orders MAN’s methanol engines for J. Lauritzen newbuildings

    6 December 2023
    Business Developments & Projects

    Japan’s Tsuneishi Shipbuilding Co. has ordered three ME-LGIM main engines from MAN Energy Solutions to power methanol-powered bulkers being built for Danish shipping company J. Lauritzen. The three 3 × MAN B&W 7G50ME-C9.6-LGIM (-Liquid Gas Injection Methanol) main engines will feature MAN Energy Solutions’ proprietary Exhaust Gas Recirculation ByPass (EGRBP) emissions-reduction technology. MITSUI E&S will […]

  • Maersk’s first large methanol-fueled boxship to work on Asia-Europe route

    7 December 2023
    Business Developments & Projects, Infrastructure, Vessels

    The first of eighteen large methanol-powered vessels ordered by Danish shipping and logistics giant A.P. Moller-Maersk will be deployed on the Asia-Europe trade lane, the company revealed.

  • Chevron’s CEO: Oil & gas go hand in hand with low-carbon solutions

    2 February 2024
    Business & Finance, Business Developments & Projects, Exploration & Production, Transition

    Chevron’s Chief Executive Officer (CEO) is adamant that the world needs more oil and gas alongside low-carbon solutions.

  • Wärtsilä unveils four new engines capable of running on methanol

    5 December 2023
    Business Developments & Projects, Equipment

    Finnish technology group Wärtsilä has revealed it will add four new methanol engines to its portfolio, including Wärtsilä 20, Wärtsilä 31, Wärtsilä 46F and Wärtsilä 46TS engines which will be capable of operating on methanol fuel.

  • Keppel allies with Indian energy firm for sustainable fuels production

    11 December 2023
    Business Developments & Projects, Collaboration, Exploration & Production, Outlook & Strategy, Project & Tenders, Research & Development

    Singapore-based Keppel Corporation, through its Infrastructure Division, and AM Green, which is wholly owned and controlled by the founders of India-based Greenko Group, have signed a memorandum of understanding (MoU) to jointly explore opportunities to produce biogenic carbon-based sustainable fuels, such as bio and green methanol, second-generation (2G) ethanol and sustainable aviation fuel (SAF). The […]

  • COSCO, bp to bolster cooperation on hydrocarbons transportation, methanol bunkering and offshore wind

    8 December 2023
    Business & Finance, Business Developments & Projects, Collaboration, Green Marine, Outlook & Strategy, Transition, Vessels

    Chinese shipping major COSCO Shipping and global oil giant bp inked a Memorandum of Understanding (MoU) of strategic cooperation at Marintec in Shanghai. The strategic cooperation memorandum outlines plans to expand the scope of collaboration, exploring new avenues for cooperation. Key areas of focus include Castrol marine lubricants, hydrocarbons transportation, offshore construction, and potential partnerships […]

  • Exclusive interview: Letting energy growth spring free with AI as key to sorting out challenges in oil & gas and renewables

    28 February 2024
    Automation, Business & Finance, Business Developments & Projects, Exploration & Production, Innovation, IT & Software, Research & Development, Technology, Transition

    What lies ahead for oil, gas, and renewable energy in the AI-oriented environment and how will these sources of supply be revolutionized?

  • Methanol-ready Mein Schiff 7 launched in Finland

    4 December 2023
    Business Developments & Projects, Infrastructure, Outlook & Strategy, Transition, Vessels

    Mein Schiff 7, a methanol-ready cruise ship ordered by Hamburg-based cruise company TUI Cruises, has been launched in Finland.

  • CMA CGM deploys its first LNG-powered boxship in West Africa

    23 January 2024
    Infrastructure, Vessels

    CMA CGM Scandola will be the first LNG-powered containership of the French shipping company CMA CGM to call West African ports.

  • CSBC’s methanol-fueled 2,500 TEU feeder design wins LR nod

    6 December 2023
    Certification & Classification, Infrastructure, Regulation & Policy, Vessels

    The UK-based classification society Lloyd’s Register (LR) has awarded Approval in Principle (AiP) to Taiwanese shipbuilder CSBC for its 2,500 TEU feeder design with methanol propulsion, as part of a joint development project.

  • CCS awards flurry of AIPs at Marintec for homegrown ammonia/methanol engines, and ship designs

    7 December 2023
    Business Developments & Projects, Carbon Capture Usage & Storage, Certification & Classification, Equipment, Green Marine, Outlook & Strategy, Regulation & Policy, Transition, Vessels

    China Classification Society (CCS) has awarded dozens of Approvals in Principle (AIP) at this year’s China International Maritime Exhibition (Marintec China). The exhibition is one of the most authoritative B2B platforms for the international maritime industry and it has seen numerous business deals, shipbuilding orders, and new ship designs revealed and approved so far. CCS […]

  • US comes up with new emissions fee for oil & gas industry in methane clampdown

    15 January 2024
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Regulation & Policy, Rules & Regulation, Transition

    The U.S. Environmental Protection Agency (EPA) has set out to curb methane emissions from the oil and gas industry with a new proposed rule.

  • Methanol-ready ECOaster vessel design wins DNV’s green light

    5 December 2023
    Business Developments & Projects, Green Marine, Outlook & Strategy, Transition, Vessels

    A methanol-ready ship concept developed in Oldenburg, Germany, has received Approval in Principle (AIP) from the international classification society DNV. The project is supported by the companies claus rodenberg waldkontor, Fehn Ship Management, Reederei Rörd Braren, and HB Hunte Engineering, which developed the concept for the ECOaster. The AIP was preceded by an intensive approval […]

  • Maersk invests in Blue World, orders methanol fuel cell pilot system

    6 December 2023
    Business & Finance, Business Developments & Projects, Collaboration, Green Marine, Innovation, Outlook & Strategy, Technology, Transition, Vessels

    Maersk Growth, the venture arm of A.P. Moller – Maersk, invested 11 million EUR in Blue World Technologies’ pre-C-round alongside the Export and Investment Fund of Denmark (EIFO), Cycle Group, and other new and existing shareholders.  The financing round was announced during COP28 in Dubai where Blue World Technologies was presenting their high-temperature PEM fuel cell […]

  • Meeting IMO’s 2030 targets not out of grasp?

    22 December 2023
    Business Developments & Projects, Green Marine, Market Outlooks, Outlook & Strategy, Regulation & Policy, Rules & Regulation, Transition, Vessels

    Despite the challenges that defined this year, the maritime industry may be closing the chapter on 2023 with a sense of optimism. Namely, BIMCO’s recent analysis provides a beacon of hope, suggesting that the International Maritime Organization’s (IMO) ambitious goal of achieving 5% zero or near-zero fuel usage by 2030 is not as elusive as […]

  • Kongsberg to provide design, equipment for Sirius’ methanol-ready tanker duo

    5 December 2023
    Equipment, Vessels

    Norwegian equipment provider Kongsberg Maritime has won a contract to supply design, engineering, and equipment for two MGO/biofuel and methanol-ready chemical tankers for Swedish tanker operator Sirius Rederi AB.

  • WEF: MOL, Maersk showing readiness to procure green fuels but price gap remains main barrier to decarbonization

    11 December 2023
    Infrastructure, Market Outlooks, Outlook & Strategy, Transition

    On the margins of COP28, shipping companies Mitsui O.S.K. Lines (MOL) and Maersk are actively sending a signal of readiness to procure green fuels and drive economies of scale.

  • Aasen Shipping’s new self-dischargers to feature Wärtsilä hybrid engines

    12 December 2023
    Business Developments & Projects, Infrastructure, Vessels

    Finnish technology group Wärtsilä has been selected to supply an integrated hybrid propulsion solution for three new self-discharging cargo vessels being built at the Dutch Royal Bodewes shipyard for Norwegian shipowner Aasen Shipping.