3678 results found for 'methanol'

3678 results found for 'methanol'
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  • Cargill orders methanol-powered Kamsarmax pair

    13 January 2023
    Business & Finance, Business Developments & Projects, Green Marine, Outlook & Strategy, Vessels, Vision

    Swiss freight trader Cargill has placed an order for two methanol-fuelled bulk carriers in Japan. Namely, the company has teamed up with Mitsu & Co, and ordered a Kamsarmax duo from Japanese shipbuilder Tsuinesihi Shipbuilding. The order was reportedly signed last month and the ships are scheduled for delivery at the end of 2025 and in the […]

  • CCS grants AiP for SOFC system developed by CSIC No. 712 Institute

    10 November 2023
    Certification & Classification, Equipment

    China Classification Society has issued approval in principle for a marine solid oxide fuel cell (SOFC) power generation system developed by CSIC No. 712 Institute.

  • Waterfront to Add Four More Methanol-Fueled Ships

    15 February 2018
    Business & Finance

    WFS, partners invest in four new ocean-going vessels powered by clean-burning methanol fuel.

  • LR identifies stumbling blocks for widespread adoption of methanol as marine fuel

    18 July 2023
    Business Developments & Projects, Green Marine, Market Outlooks, Outlook & Strategy, Research & Development

    As the shipping industry is seeing increased interest in methanol as a marine fuel, a new report from Lloyd’s Register (LR) has found pricing, availability and carbon accounting to be the main obstacles to its widespread adoption. The report called “Fuel for Thought: Methanol” has identifed that the main challenges for the industry’s adoption of […]

  • Maersk’s methanol-powered feeder to transport Amazon’s goods

    6 September 2023
    Business & Finance, Business Developments & Projects, Collaboration, Green Marine, Outlook & Strategy, Transition, Vessels

    Danish containership major Maersk and American e-commerce giant Amazon have finalized a 2023-2024 agreement for the transport of 20,000 FFE containers using green biofuel through Maersk’s “ECO Delivery” ocean product offering. Maersk estimates this purchase will contribute to a reduction in 44,600 metric tons of CO2e vs standard bunker fuel, roughly equivalent to 50 million […]

  • A.P. Moller Holding-backed C2X to produce over 3 mln tonnes of green methanol by 2030

    14 September 2023
    Business & Finance, Business Developments & Projects, Green Marine, Infrastructure, Market Outlooks, Outlook & Strategy, Transition, Vessels

    C2X, a new, independent company, backed by A.P. Moller Holding, the controlling shareholder of the A.P. Moller – Maersk, one of the world’s largest shipping and logistics companies, has unveiled plans to build large-scale green methanol production facilities. The move follows a successful fundraising round, the company said. C2X will develop green methanol from various […]

  • NTPC, Tecnimont looking into green methanol production in India

    2 January 2023
    Business Developments & Projects, Collaboration, Outlook & Strategy, Research & Development

    India’s largest power generation company NTPC has partnered up with Tecnimont, a subsidiary of Italy’s Maire Tecnimont Group, to explore opportunities to develop a green methanol production facility. The companies have signed a non-binding memorandum of understanding (MoU) with an aim to jointly evaluate and explore the possibility to develop a commercial-scale green methanol production facility […]

  • HMM readies order for methanol-powered newbuilds

    16 December 2022
    Business & Finance, Business Developments & Projects, Green Marine, Outlook & Strategy, Transition, Vessels

    South Korean shipping major HMM is preparing an order for new containerships powered by alternative fuels as part of its future growth strategy. The strategy was announced in July this year with HMM assigning $11.3 billion for future investments, including expansion of its eco-friendly ships from the current 820,000 TEU to 1.2 million TEU by 2026. […]

  • Maersk and SunGas Renewables form green methanol partnership

    15 December 2022
    Business Developments & Projects, Collaboration, Outlook & Strategy, Transition

    Danish shipping and logistics giant A.P. Moller – Maersk has signed a Letter of Intent (LoI) with US-based SunGas Renewables, Inc., a spin-out of GTI Energy, to form strategic green methanol partnership as part of its strategy to decarbonise customers’ supply chain. With this LoI, SunGas joins eight other strategic partners working to supply the […]

  • HAZID Completed for Mitsui’s Methanol-Fuelled Tankers

    14 May 2014
    Business & Finance

    DNV GL has conducted a risk assessment “hazard identification study (HAZID)” on a series of three methanol-fuelled tankers for owner Mitsui O.S.K. Lines and shipyard Minami Nippon Shipbuilding in Japan. As these are the vessels with a flex fuelled low speed diesel engine using methanol and/or heavy fuel oil, DNV GL was asked to participate […]

  • CMES pens contract for world’s 1st methanol-fuelled VLCC

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

    Just weeks after making headlines with its ambitious announcement at the end of August, China Merchants Energy Shipping (CMES) has swiftly moved forward with the order of the world’s first methanol dual-fuel Very Large Crude Carrier (VLCC). As previously announced, Dalian Shipbuilding Industry Group Co. has been commissioned to build the 306,000-ton methanol dual-fuel giant […]

  • ABS: Methanol as promising clean fuel for global fleet

    25 August 2022
    Market Outlooks, Outlook & Strategy

    American Bureau of Shipping (ABS) highlights methanol as a promising fuel source for the global fleet as a pathway to carbon neutrality through green methanol.

  • Construction of Terntank’s wind/methanol-ready tankers begins in China

    11 August 2023
    Business Developments & Projects, Green Marine, Infrastructure, Vessels

    China Merchants Jingling Shipyard has kicked off construction of wind and methanol-powered 15,000 dwt hybrid tankers ordered by Swedish shipping company Terntank. As disclosed, the first steel cut of the three hybrid tankers took place at the Chinese shipyard on 10 June. Ordered in November 2022, the vessels belong to the Hybrid Solution Plus series and […]

  • PSA, PIL to develop low carbon pathways

    1 November 2023
    Business & Finance, Business Developments & Projects, Collaboration, Green Marine, Outlook & Strategy, Transition, Vessels

    Singapore’s port operator PSA Singapore (PSA) and compatriot shipping company Pacific International Lines (PIL) have signed a Memorandum of Understanding (MOU) to jointly develop sustainable solutions to cut carbon emissions and optimize maritime efficiency. The duo plans to work on developing a set of low-carbon emission routes for containers shipped by PIL via PSA. Beyond […]

  • First methanol-powered tanker joins Proman Stena Bulk JV

    20 June 2022
    Business Developments & Projects, Collaboration, Infrastructure, Outlook & Strategy, Transition, Vessels

    Shipping joint venture Proman Stena Bulk has taken delivery of the first of six 49,900 dwt methanol-powered dual-fuel medium-range tankers.

  • In focus: Is natural gas crucial element of energy transition?

    6 October 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Collaboration, Exploration & Production, Market Outlooks, Outlook & Strategy, Project & Tenders, Regulation & Policy, Research & Development, Rules & Regulation, Transition, Vessels, Vision

    With the world adapting to emerging sources of supply and decarbonization technologies, the discussion about which fuel is the top contender for the successful energy transition continues. Despite the growing opposition to fossil fuels, some consider natural gas, primarily LNG, as the leading transition fuel, which will bridge the gap and pave the way towards […]

  • Wavelength secures methanol fuel supply deal in China

    17 October 2022
    Business Developments & Projects, Collaboration, Equipment, Project & Tenders

    Portugal-based energy and tech company Wavelength Technology Center has secured a contract for a methanol marine fuel supply system.

  • MOL Breaks Ground with Methanol-Fueled Carriers

    1 July 2015
    Business & Finance

    Japanese shipping company Mitsui O.S.K. Lines, Ltd. has placed an order with Minaminippon Shipbuilding Co., Ltd for up to three methanol carriers featuring the world’s first methanol burned dual-fueled low-speed diesel main engine. This engine has already been completed, and its manufacturer, Mitsui Engineering & Shipbuilding Co., Ltd., has test-operated the unit using methanol fuel in Tamano Works, and […]

  • Rolls-Royce developing mtu methanol engines to make shipping greener

    22 December 2021
    Business Developments & Projects, Environment, Equipment, Infrastructure, Outlook & Strategy, Transition, Vessels, Vision

    Focusing on methanol as a fuel for climate-friendly shipping, technology company Rolls-Royce aims to set standards in high-speed methanol engines.

  • MOL Breaks Ground with Methanol-Fueled Carriers

    1 July 2015
    Business & Finance

    Japanese shipping company Mitsui O.S.K. Lines, Ltd. has placed an order with Minaminippon Shipbuilding Co., Ltd for up to three methanol carriers featuring the world’s first methanol burned dual-fueled low-speed diesel main engine. This engine has already been completed, and its manufacturer, Mitsui Engineering & Shipbuilding Co., Ltd., has test-operated the unit using methanol fuel in Tamano Works, and […]

  • LR, Cargill, Minerva Dry and NACKS to develop wind-assisted, methanol-ready bulker

    3 October 2023
    Business Developments & Projects, Collaboration, Project & Tenders, Vessels

    Lloyd’s Register (LR), Cargill International, Minerva Dry Inc. and Nantong COSCO KHI Ship Engineering Co Ltd (NACKS) have joined forces on the design of a Kamsarmax bulk carrier with methanol and rotor sail capability.

  • Study Supports Case for Methanol as Sustainable Marine Fuel

    31 May 2018
    Rules & Regulation

    Methanol is gaining ever greater support as an environmentally-friendly marine fuel.

  • LNG, methanol leading marine decarbonisation fuels, report says

    5 May 2016

    A report by European Commission’s Joint Research Centre reveals that LNG as fuel, together with methanol, is the fuel best suited for the decarbonisation of the shipping sector. Alternative fuels have already entered the market with shipbuilders, engine manufacturers and classification societies introducing ships running on “cleaner” fuels. “Shipping is more fuel-efficient than road transport: […]

  • GEG, Proman to build renewable power to methanol plant in Scotland

    17 August 2021
    Business Developments & Projects, Collaboration, Environment, Infrastructure, Outlook & Strategy, Ports & Logistics, Transition

    UK port operator Global Energy Group (GEG) has entered into an agreement with Swiss-based integrated energy company Proman to develop a renewable power to methanol plant utilising local sources of captured carbon dioxide (CO2) to be located at the Nigg Oil Terminal in the Highlands of Scotland.

  • LR to Class World’s First Methanol-Powered Ship

    12 January 2015
    Business & Finance

    Surveying teams from Lloyd’s Register (LR) will class the world’s first methanol-powered ropax ferry Stena Germanica, scheduled for conversion at Poland’s Remontowa shipyard on January 28. The 240-metre-long, 1,500-passenger ferry will be converted over a 45-day period.  Preliminary tests on a methanol-modified Wartsila engine 6ZAL40S similar to the Germanica’s were overseen in Trieste by five LR teams. LR’s […]