3678 results found for 'methanol'

3678 results found for 'methanol'
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  • A.P. Moller Holding-backed C2X advances plans for green methanol production in Spain

    30 October 2023
    Business Developments & Projects, Green Marine, Infrastructure, Outlook & Strategy, Ports & Logistics, Research & Development

    C2X, a recently established company backed by A.P. Moller Holding as majority owner and A.P. Moller – Maersk as minority owner, has concluded the first phase to secure the concession for a large site for green methanol production with the port of Huelva in Spain. After signing a framework agreement with the Egyptian government for a […]

  • Thecla Bodewes splashes Vertom’s fourth diesel-electric bulker

    24 November 2023
    Business Developments & Projects, Collaboration, Infrastructure, Outlook & Strategy, Transition, Vessels

    Dutch short-sea shipping company Vertom Group has launched its fourth new diesel-electric dry bulk vessel.

  • ‘Industry’s first’ methanol-powered sustainable shipping fund unveiled

    24 October 2023
    Business & Finance, Business Developments & Projects, Collaboration, Green Marine, Outlook & Strategy, Regulation & Policy, Transition, Vessels

    ProMarine AG, an investment advisor for the financing of the maritime energy transition, has launched what has been described as the’ industry-first sustainable shipping fund’ with an initial portfolio of four methanol-fueled MR tankers led by methanol producer Proman and shipping company Stena Bulk AB. Named Low Emission Methanol Shipping Company S.C.A. SICAV–RAIF (LEMSCO), the […]

  • IRENA, DP World team up to decarbonize maritime logistics, port sectors

    24 November 2023
    Collaboration, Infrastructure, Outlook & Strategy, Ports & Logistics, Transition

    The International Renewable Energy Agency (IRENA) has signed a collaboration agreement with DP World, a UAE-based port developer and operator, to advance decarbonization solutions for ports and maritime logistics.

  • Reach Subsea inks charter contract for low-emission survey vessel

    9 November 2023
    Business & Finance, Business Developments & Projects, Environment, Green Marine, Innovation, Outlook & Strategy, Project & Tenders, Transition, Vessels, Vision

    Reach Subsea has signed a three or five-year charter contract, including additional options, with Agalas for a low-emission IMR/survey vessel with a smart lifting arrangement and an equipment package that can be adapted to several market segments. The new vessel, set to be constructed at the Sefine Shipyard in Turkey, will be tailored to Reach […]

  • TMC’s compressors picked for six CMA CGM’s methanol-powered boxships

    26 October 2023
    Collaboration, Equipment, Vessels

    Hyundai Samho Heavy Industries (HSHI) has selected TMC Compressors (TMC) to deliver the marine compressed air system to six containerships that the shipbuilder is constructing for French shipping major CMA CGM.

  • Report: Dongwon and Harim dueling for dominance in HMM bidding race

    24 November 2023
    Business & Finance, Business Developments & Projects, Green Marine, Market Outlooks, Outlook & Strategy, Vessels

    In the ongoing contest for control of South Korean shipping line HMM, Dongwon Group and Harim Group have emerged as the primary contenders, narrowing down the field in this maritime competition. Previous reports indicated that four companies from South Korea were in the bidding race including, SM Group, LX Holdings, Dongwon Group, and Harim. German […]

  • Methanol Institute joins China’s study of methanol as marine fuel

    14 July 2020
    Business Developments & Projects, Research & Development

    The Methanol Institute (MI) has joined a study led by the China Waterborne Transportation Research Institute (CWTRI), the think tank of the Chinese Ministry of Transport, which will consider the technical and operational requirements for the use of methanol as a marine fuel.

  • Proman Stena Bulk hosts naming ceremony for methanol-fueled Stena Pro Marine

    25 October 2023
    Business Developments & Projects, Green Marine, Infrastructure, Vessels

    Proman Stena Bulk, the joint venture (JV) between tanker company Stena Bulk and methanol producer Proman, has held a naming ceremony for its second methanol-fueled tanker. The naming ceremony for the 49,900 DWT tanker Stena Pro Marine was held at the port of New Orleans on October 24, 2023. Speaking at the event, Proman Chief […]

  • Maersk seals world’s 1st methanol dual-fuel conversion project with Chinese shipbuilder

    20 October 2023
    Business Developments & Projects, Green Marine, Innovation, Outlook & Strategy, Transition, Vessels

    Danish container shipping heavyweight Maersk has signed its first methanol dual-fuel conversion project with Chinese shipbuilder Zhoushan Xinya Shipbuilding Co. The momentous deal, inked during a special ceremony held on October 18, 2023, signifies the inception of the world’s maiden containership methanol dual-fuel conversion project. The strategic conversion of vessels to operate on methanol is […]

  • Silk Alliance outlines implementation plan for green corridor cluster

    31 October 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Collaboration, Green Marine, Infrastructure, Outlook & Strategy, Ports & Logistics, Regulation & Policy, Transition, Vessels

    Members of ‘The Silk Alliance’ cross-supply chain industry partnership, initiated by the Lloyd’s Register (LR) Maritime Decarbonisation Hub, have issued an open letter to drive actions to accelerate the green corridor cluster in Singapore. The letter outlines an implementation plan with key milestones and actions to achieve before the end of the decade. The aim […]

  • Methanol Institute calls for the adoption of methanol as Arctic fuel

    3 December 2020
    Business & Finance, Environment, Innovation, Research & Development, Rules & Regulation, Safety, Transition, Vessels

    The Methanol Institute is urging the maritime community to mitigate pollution and emissions risk in Polar regions by adopting methanol as marine fuel, and applying bunkering guidelines developed by the European Committee for Standardisation (CEN). The call is being issued on the back of IMO’s meeting in November which resulted in the adoption of amendments […]

  • MOL welcomes new methanol-fueled methanol carrier

    19 January 2023
    Business Developments & Projects, Green Marine, Vessels

    Japanese shipping company Mitsui O.S.K. Lines (MOL) has taken delivery of the newbuild dual-fuel methanol carrier from South Korean shipyard Hyundai Mipo Dockyard. The naming ceremony and delivery of the Cypress Sun took place on January 17, MOL informed. The vessel measures 186 metres in length and can run on either methanol or conventional heavy […]

  • Stolt Tankers orders six future-proof parcel tankers in China

    21 November 2023
    Business Developments & Projects, Infrastructure, Outlook & Strategy, Transition, Vessels

    Tanker operator Stolt Tankers, part of Stolt-Nielsen Limited, has ordered six 38,000 dwt stainless steel parcel tankers in China.

  • MOL takes delivery of methanol-powered methanol carrier

    5 November 2021
    Business Developments & Projects, Vessels

    Japanese shipping major Mitsui O.S.K. Lines (MOL) has taken delivery of methanol-fuelled methanol carrier Capilano Sun from South Korean shipyard Hyundai Mipo Dockyard.

  • Royal Caribbean Group comes onboard Methanol Institute

    12 October 2023
    Business Developments & Projects, Collaboration, Green Marine, Outlook & Strategy

    The Methanol Institute (MI), a global trade association for the methanol industry, has welcomed cruise shipping major Royal Caribbean Group as its newest member. Royal Caribbean operates a global fleet of 64 ships and is a 50% owner of a joint venture that operates TUI Cruises and Hapag-Lloyd Cruises. In 2021, the company revealed Destination Net […]

  • World’s first: On-board ammonia cracking system generates pure hydrogen

    21 November 2023
    Business Developments & Projects, Green Marine, Infrastructure, Technology, Vessels

    Spanish hydrogen transport solutions provider H2SITE has commissioned the world’s first on-board ammonia cracking system, generating high-purity hydrogen coupled with a PEM fuel cell which is used to produce electricity for the ship’s auxiliary consumptions. The company shared the milestone on November 21, explaining that an integrated membrane reactor was installed and operated on board […]

  • Wallenius Wilhelmsen confirms order for up to 12 methanol dual-fuel PCTCs

    24 October 2023
    Vessels

    Norwegian shipping and logistic company Wallenius Wilhelmsen has signed a contract with China Merchants Jinling Shipyard Co. for the construction of four methanol dual-fuel pure car and truck carriers (PCTCs) and up to eight optional units.

  • Lloyd’s Register to class North Star’s two VARD-built methanol-ready CSOVs

    26 October 2023
    Business Developments & Projects, Certification & Classification, Outlook & Strategy, Regulation & Policy, Vessels

    Lloyd’s Register (LR), the UK’s classification society, has been awarded a contract to class two methanol-ready commissioning service operations vessels (CSOVs) being built by VARD, a global designer and shipbuilder of specialized vessels, for North Star, the UK’s offshore infrastructure support vessel operator. The classification society will conduct the design appraisal and survey of the […]

  • Overseas Shipholding buys BP’s methanol-ready tanker

    13 October 2023
    Vessels

    US-based Overseas Shipholding has signed an agreement with BP Oil Shipping Company to purchase a methanol-ready tanker.

  • Fugro bolsters marine robotics offering with acquisition of SEA-KIT

    27 November 2023
    Business & Finance, Business Developments & Projects, Project & Tenders

    The Netherlands-headquartered geo-data specialist Fugro has reached a binding agreement for the acquisition of the remaining shares in SEA-KIT International.

  • CRI and Jiangsu Sailboat inaugurate CO2-to-methanol plant

    11 October 2023
    Business Developments & Projects, Collaboration, Exploration & Production, Outlook & Strategy

    Iceland’s Carbon Recycling International (CRI) and China’s Jiangsu Sailboat Petrochemical have started up a CO2-to-methanol plant, marking a milestone in the global effort to boost the production of sustainable methanol. The opening ceremony took place on September 25, 2023, at the Shenghong Petrochemical Industrial Park in China, with the plant brought to life in under […]

  • MSC Cruises orders two new LNG-powered World Class ships at Chantiers de l’Atlantique

    14 November 2023
    Business Developments & Projects, Green Marine, Infrastructure, Outlook & Strategy, Vessels

    MSC Cruises, the cruise division of Swiss shipping giant MSC Group, has confirmed the order for two new LNG-powered cruise ships at French shipyard Chantiers de l’Atlantique. The ships belong to MSC Cruises’ World Class series, which includes the already-delivered MSC World Europa and MSC World America currently under construction. MSC Cruises also has an […]

  • World’s first green methanol-powered boxship visits Gothenburg

    12 October 2023
    Ports & Logistics, Transition, Vessels

    Laura Maersk, the world’s first green methanol-powered containership owned by Danish Shipping giant A.P.Moller Maersk, has visted the Port of Gothenburg.

  • Methanol Institute issues first complete guide to methanol as marine fuel

    31 May 2023
    Market Outlooks, Outlook & Strategy

    The Methanol Institute, a global trade association for the methanol industry, has published the first comprehensive guide to methanol as a marine fuel to help stakeholders across the industry access the information they need to support decision-making on which alternative fuel is right for their fleet. According to the Institute, the guide, called ‘MARINE METHANOL […]