3678 results found for 'methanol'

3678 results found for 'methanol'
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  • Ulsan wants to become a methanol bunkering hub

    22 November 2022
    Business & Finance, Business Developments & Projects, Certification & Classification, Collaboration, Environment, Green Marine, Infrastructure, Outlook & Strategy, Ports & Logistics, Regulation & Policy, Rules & Regulation, Transition

    Ulsan Port Authority (UPA) has signed a Memorandum of Understanding (MOU) with the international classification society Korean Register (KR) to support methanol-fueled ships and establish the South Korean port as a low-carbon energy hub. “UPA is actively working to make eco-friendly, and low-carbon fuels become more of a universal feature in shipping and port markets. […]

  • China’s first green methanol industrial chain in the making

    21 September 2023
    Business Developments & Projects, Collaboration, Green Marine, Infrastructure, Outlook & Strategy, Research & Development, Transition

    A cooperation project for establishing China’s first green methanol industrial chain which aims to propel shipping’s decarbonization has been officially launched. COSCO Shipping, State Power Investment Corporation (SPIC), Shanghai International Port Group (SIPG), and China Certification & Inspection Group (CCIC), the companies that are taking part in the project, have signed a memorandum of cooperation […]

  • Marinvest’s Methanol Tanker Duo Reaches Operating Milestone

    30 July 2019

    The 2016-built methanol tankers operate globally on time charters for Waterfront Shipping.

  • MOL finalizes $145 million deal to acquire Waterfront’s stake

    29 October 2021
    Business Developments & Projects, Collaboration

    Canadian methanol producer and supplier Methanex Corporation and Japanese shipping firm Mitsui O.S.K. Lines (MOL) have concluded definitive agreements for MOL to acquire 40 per cent stake in Methanex’s subsidiary Waterfront Shipping (WFS).

  • South Korea’s first methanol-powered tanker named

    18 October 2022
    Business Developments & Projects, Collaboration, Project & Tenders, Vessels

    South Korean shipowner KSS Line has held a naming ceremony for its methanol-powered MR tanker built at compatriot Hyundai Mipo Dockyard (HMD).

  • MOL Inks Four Methanol Carriers

    14 February 2014

    Mitsui O.S.K. Lines, Ltd. (MOL) today announced the signing of a contract with Methanol Holdings (Trinidad) Limited (MHTL) to build and charter four methanol carriers. The new contracts will play an essential part in MOL’s strategy to strengthen long-term business, as well as enabling the company to renew its methanol fleet by replacing older vessels […]

  • NYK Welcomes Its First Methanol-Fueled Ship

    7 October 2019

    NYK Group takes delivery of Takaroa Sun, a methanol carrier equipped with a two-stroke dual-fuel engine.

  • Carbon Sink and Rose Cay Maritime forge ties on green methanol supply chain

    20 July 2023
    Business & Finance, Business Developments & Projects, Collaboration, Green Marine, Infrastructure, Market Outlooks, Outlook & Strategy, Ports & Logistics, Storage, Transition, Vessels

    U.S.-based green methanol producer Carbon Sink and Jones Act-compliant shipping company Rose Cay Maritime have inked a Memorandum of Understanding to facilitate the maritime sector’s shift toward low-carbon fuels. Under the terms of the MoU, the duo agreed on increasing the production of the green fuel as well as its transportation, bunkering, and storage tailored […]

  • MacGregor to deliver RoRo equipment for 1st methanol-fueled PCTCs

    29 September 2023
    Equipment, Vessels

    MacGregor, part of Cargotec, has been chosen to deliver RoRo equipment for two of the world’s first methanol-fueled pure car and truck carriers (PCTCs) owned by China Merchant Energy Shipping.

  • Methanol Institute welcomes TotalEnergies as new member

    2 March 2022
    Collaboration, Outlook & Strategy

    TotalEnergies Marine Fuels, French energy major’s bunkering unit, has joined the Methanol Institute (MI), a global trade association for the methanol industry.

  • Number of methanol-powered vessels doubles in 12 months

    4 August 2022
    Green Marine, Transition, Vessels

    The surging demand for methanol-powered ships over the past 12 months has been triggered by the shipping industry’s accelerating decarbonization push, which has resulted in ordering of 40 methanol-powered ships.

  • WinGD engines to run on methanol and ammonia by 2025

    23 November 2021
    Business Developments & Projects, Equipment

    Swiss marine engine designer and power system integrator WinGD has revealed that its engines will be able to run on methanol and ammonia from 2024 and 2025 respectively.

  • Proman Stena Bulk’s first methanol-fuelled tanker christened

    24 November 2022
    Vessels

    Shipping joint venture Proman Stena Bulk has held a christening ceremony for the first methanol-powered, low-emission tanker Stena Pro Patria.

  • Santos’ new deals with Japanese companies zero in on low-carbon fuels in Cooper Basin

    19 December 2023
    Business Developments & Projects, Carbon Capture Usage & Storage, Collaboration, Infrastructure, Outlook & Strategy, Project & Tenders, Research & Development

    With a focus on transforming the Cooper Basin into a decarbonization and low-carbon fuels hub, Australian energy giant Santos has signed multiple agreements with Japanese companies. Following the passage of legislation through the Australian parliament to facilitate the cross-border transfer of CO2, Santos has signed a memorandum of understanding (MoU) with JX Nippon Oil & Gas […]

  • Maersk in talks with yards on methanol-powered containership

    17 June 2021
    Business & Finance, Environment, Transition, Vessels

    Container shipping heavyweight Maersk is currently in discussions with equipment suppliers and yards on the order of a methanol-powered containership. The company announced plans to order the world’s first container vessel that can operate on carbon-neutral methanol in February 2021. Under the plan, Maersk plans to launch the carbon-neutral liner vessel in 2023, seven years ahead of the […]

  • MSC, Oldendorff Carriers join Methanol Institute

    21 July 2021
    Business Developments & Projects, Collaboration, Environment, Outlook & Strategy, Regulation & Policy, Transition

    Swiss shipping major MSC Group and German dry bulk shipping company have become the newest members of the Methanol Institute (MI).

  • WATCH: The birth of the world’s 1st methanol-powered containership

    12 September 2023
    Green Marine, Vessels

    As Danish containership major Maersk readies to christen the world’s first methanol-powered containership on Thursday in Copenhagen, the company has shared footage of the ship’s construction process. The construction of the cutting-edge 2,100 TEU container vessel, powered by green methanol, and classed by ABS was launched with the steel-cutting ceremony in July 2022. The video […]

  • MOL closes acquisition of Waterfront stake

    3 February 2022
    Business & Finance, Business Developments & Projects, Collaboration, Environment, Market Outlooks, Outlook & Strategy, Regulation & Policy, Transition

    Japanese shipping major Mitsui O.S.K. Lines (MOL) has concluded the acquisition of a 40 percent stake in Waterfront Shipping WFS), a subsidiary of Canadian methanol producer and supplier Methanex Corporation.

  • ABS approves K Shipbuilding’s methanol-ready design

    15 December 2021
    Business Developments & Projects, Certification & Classification, Regulation & Policy, Research & Development, Vessels

    South Korea-based K Shipbuilding has received Approval in Principle (AiP) from the classification society American Bureau of Shipping (ABS) for its methanol fuel-ready medium range tanker design.

  • China shipping giants set sights on methanol

    5 September 2022
    Collaboration, Green Marine, Research & Development

    Chinese shipping heavyweights China Merchants Energy Shipping and COSCO Shipping Bulk have voiced their plans to focus on methanol marine fuel as their primary area of research in the future. The move was announced by CMES chairman Xie Chunlin and Gu Jinsong, Chairman of COSCO Shipping Bulk in a meeting held in late August, during […]

  • WATCH: Green-methanol-powered Laura Maersk takes to the seas

    21 September 2023
    Business Developments & Projects, Green Marine, Outlook & Strategy, Transition, Vessels

    Laura Maersk, the world’s first containership powered by green methanol, has set sail from Copenhagen, Denmark officially commencing her operations. Maersk, the owner of the groundbreaking ship, shared video footage of the vessel departing the Toldboden area of the Copenhagen harbor near the headquarters of A.P. Moller–Maersk, where it spent the last week following its […]

  • NYK welcomes 2nd methanol-fueled tanker hired by Waterfront

    27 January 2022
    Business Developments & Projects, Environment, Infrastructure, Transition, Vessels

    Singapore-based NYK Bulkship (Asia), part of Japanese shipping company NYK Group, has taken delivery of Seymour Sun, a methanol-fueled chemical tanker.

  • New Methanol Carrier Joins MOL’s Fleet

    17 November 2016
    Business & Finance

    Japanese shipping company Mitsui O.S.K. Lines (MOL) has taken delivery of the Cajun Sun, a 50,000 dwt methanol carrier, from its compatriot shipbuilder Minaminippon Shipbuilding. Equipped with 2-stroke dual-fuel low-rev main engine capable of running on methanol, the Cajun Sun is the third vessel in a series of three eco-ships ordered in July 2015. In addition, MOL […]

  • OCI Global secures green methanol bunkering permit in Egypt

    20 September 2023
    Infrastructure, Ports & Logistics, Storage

    OCI Global, a producer and distributor of hydrogen-based products, has secured its first green methanol bunkering permit in Egypt’s East Port Said and West Port Said.

  • HD Hyundai strikes deal for 16 sets of methanol-powered engines

    25 September 2023
    Business Developments & Projects, Equipment, Vessels

    HD Hyundai Heavy Industries – Engine & Machinery has signed a contract for a total of 16 sets of methanol-powered engines.