3678 results found for 'methanol'

3678 results found for 'methanol'
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  • New project to turn plant emissions into green methanol launched

    24 February 2023
    Business Developments & Projects, Project & Tenders, Research & Development

    Mexican building materials company Cemex has signed an agreement with green fuel producer ETFuels, to transform carbon emissions from Cemex’s Alicante cement plant in Spain into green methanol. 

  • Mitsui to invest in e-methanol business in Northern Europe

    6 July 2023
    Business & Finance, Business Developments & Projects

    Japan’s Mitsui & Co has agreed to acquire a 49% equity interest in Kasso MidCo ApS, an affiliate of European Energy, a renewable energy company headquartered in Denmark. Specifically, Mitsui will acquire a minority stake in European Energy’s solar park and e-methanol production facility Kasso in the municipality of Aabenraa, Denmark. The Danish and EU […]

  • MOL teams up with NW Innovation on methanol shipping

    16 June 2020
    Business & Finance

    Japanese shipping major Mitsui O.S.K. Lines will invest in Northwest Innovation Works, Kalama, and provide and operate purpose-built next-generation ships to serve the planned methanol facility at the Port of Kalama in southwest Washington, USA. The planned facility in Kalama, scheduled to commence operation in 2024, will convert regionally sourced natural gas to methanol to […]

  • Aramco and ENOWA team up to develop synthetic e-fuel demonstration plant

    25 October 2023
    Business Developments & Projects, Collaboration, Infrastructure, Outlook & Strategy, Project & Tenders, Research & Development

    Aramco, an integrated energy and chemicals company, and ENOWA, NEOM’s energy and water company, have signed a joint development agreement to construct and establish a synthetic electro-fuel (e-fuel) demonstration plant. NEOM will oversee the construction of the plant, while Aramco and ENOWA will jointly oversee operations and investment in relevant research programs. The plant will […]

  • Maersk to operate world’s 1st carbon-neutral feeder by 2023

    17 February 2021
    Environment, Innovation, Transition, Vessels

    Container shipping heavyweight Maersk plans to launch the world’s first carbon-neutral liner vessel in 2023, seven years ahead of the initial 2030-ambition, Maersk said. The vessel will be a methanol feeder with a capacity of around 2,000 TEU and it would be deployed in one of Maersk’s intra-regional networks. While the vessel will be able to […]

  • Proman, Stena to support industry’s methanol era with new retrofit and supply solution

    21 October 2021
    Business & Finance, Equipment, Vessels

    Swiss-based integrated energy company Proman has teamed up with Swedish shipping company Stena to develop a retrofit and supply solution that will allow vessels to run on methanol as a marine fuel.

  • Methanol momentum: 25 ships in operation, 81 more on the way

    4 May 2023
    Green Marine, Market Outlooks, Outlook & Strategy, Regulation & Policy, Rules & Regulation, Transition, Vessels

    There are currently 25 methanol-fuelled ships in operation and another 81 ships on order as of March 2023, according to DNV’s Alternative Fuels Insight. This compares to a total of 82 methanol-powered ships that were in operation and on order at the end of 2022. Of the newbuild ship orders placed in the first three […]

  • Maersk sets sights on green methanol production in Jordan

    15 November 2022
    Business Developments & Projects, Collaboration, Green Marine, Outlook & Strategy, Research & Development

    Danish shipping and logistics giant A.P. Moller – Maersk has signed a memorandum of understanding (MoU) with Jordan’s Ministry of Energy and Mineral Resources for cooperation in the field of green marine fuel production. The MoU was signed on the sidelines of the 2022 United Nations Climate Change Conference 2022 (COP27) held in Sharm El-Sheikh, […]

  • IBIA and Green Marine to develop methanol bunkering training programme

    25 July 2023
    Business Developments & Projects, Collaboration, Green Marine, Outlook & Strategy, Research & Development

    The International Bunker Industry Association (IBIA) and Green Marine have signed a cooperation agreement to develop a methanol bunkering training programme, with support form the Methanol Institute. The aim of the agreement is to provide for existing and future crew operating on bunker tankers and bunker surveyors to be competent and ready for methanol bunkering […]

  • MEO Australia Updates on Tassie Shoal Methanol Project

    6 February 2013

    MEO Australia provided update in relation to the commercialisation progress of the first Tassie Shoal Methanol Plant (TSMP1). Since MEO received Expressions of Interest in April, 2012 for long term supply of 8.3MTA of methanol from TSMP1, indicative commercial terms including methanol pricing were provided by the major industry participants. Subsequent evaluation of these proposals […]

  • HMM orders MAN ES’ methanol-fuelled engines for its 9,900 TEU boxships

    9 March 2023
    Equipment, Vessels

    South Korean shipping company HMM has selected dual-fuel methanol engines from German engine manufacturer MAN Energy Solutions (MAN ES) which are to be installed on 9,900 TEU containerships.

  • JP Morgan pens order for methanol-powered tankers backed by TotalEnergies

    30 August 2023
    Business & Finance, Business Developments & Projects, Collaboration, Green Marine, Outlook & Strategy, Transition, Vessels

    Prominent American financial institution JP Morgan has placed an order for two advanced dual-fuel methanol carriers with China’s Guangzhou Shipbuilding International (GSI). The two methanol-powered product tankers each boast a capacity of 50,000 deadweight tons (dwt), according to the data from Athens-based Intermodal Shipbrokers. The two tankers are slated for delivery in 2026, based on […]

  • MEO Australia Updates on Tassie Shoal Methanol Project

    16 November 2012

    MEO Australia has provided update in relation to the commercialisation of the first Tassie Shoal Methanol Plant. Reports recently commissioned from major international engineering firms Davy Process Technology, WorleyParsons and Arup to assess the technology basis and provide updated development costs estimates for TSMP1 for a range of feedstock gas qualities have been received. The […]

  • USA: Chesapeake Energy, Methanex Sign Gas Supply Contract

    24 January 2013

    Methanex Corporation and Chesapeake Energy Corporation announced the execution of a 10-year agreement to supply all of the natural gas required for Methanex’s one million tonne per year methanol plant in Geismar, Louisiana. Commencement of natural gas deliveries will coincide with the startup of the plant, which is expected by the end of 2014. John […]

  • Deep Wind Offshore and Hy2gen form green hydrogen partnership

    10 November 2023
    Business & Finance, Business Developments & Projects, Collaboration, Outlook & Strategy, Research & Development

    Deep Wind Offshore has joined forces with the hydrogen company Hy2gen to produce green hydrogen from offshore wind. “The combination of offshore wind and hydrogen has got massive potential. It is not possible to achieve net zero without green energy carriers, who will need a massive amount of renewable energy,” said Knut Vassbotn, CEO of Deep Wind […]

  • Purpose ESG to invest in Nauticol Energy for CO2-free methanol

    21 April 2022
    Business & Finance, Business Developments & Projects, Research & Development

    Purpose ESG will invest in the firm Nauticol Energy which might become the world’s first large-scale net zero methanol producer.

  • Safe Bulkers buys two dual-fuel methanol Kamsarmax newbuilds in fleet renewal quest

    9 October 2023
    Business & Finance, Business Developments & Projects, Green Marine, Infrastructure, Outlook & Strategy, Vessels

    Monaco-based dry bulk shipping company Safe Bulkers has entered into contracts for the acquisition of two dual-fuel newbuild Kamsarmax class dry-bulk vessels as part of its fleet renewal strategy. The two 81,200 dwt vessels which are capable of running on methanol and fuel will be acquired at attractive prices, the company said. The first vessel is […]

  • PCL, PaxOcean, ABS to explore retrofitting ships to run on methanol

    26 January 2023
    Business Developments & Projects, Collaboration, Vessels

    Singapore-based shipping company Pacific Carriers Limited (PCL) and compatriot PaxOcean Holdings Pte (PaxOcean) have teamed up with classification society ABS to explore the use of methanol for the PCL’s fleet.

  • Green Maritime Methanol partners launch engine testing programme

    27 March 2020
    Business Developments & Projects, Innovation, Outlook & Strategy, Research & Development, Transition

    The Green Maritime Methanol consortium achieves a new project milestone. 

  • Norwegians developing methanol-powered cable installation vessel

    18 November 2022
    Business & Finance, Business Developments & Projects, Green Marine, Transition, Vessels

    Oslo-headquartered Cecon Contracting and its partners have entered into an agreement for the construction of a cable installation vessel that will feature a methanol dual fuel system and a battery pack. The vessel will be built by the Sefine Shipyard in Türkiye, while NSK Ship Design is in charge of the design together with Cecon’s […]

  • Alfa Laval’s FCM picked for methanol-powered mega containerships

    26 May 2023
    Business Developments & Projects, Equipment

    Swedish sustainable solutions provider Alfa Laval has been contracted to provide FCM Methanol the low-flashpoint fuel supply system (LFSS) for four methanol-fuelled mega boxships.

  • MAN B&W to Power Up Waterfront’s New Methanol Carriers

    18 December 2013
    Business & Finance

    Vancouver-based Waterfront Shipping has confirmed its Methanol Carrier Project for a series of 50,000-dwt methanol carriers, each powered by an MAN B&W ME-LGI main engine running on methanol. The confirmation stems from a Letter of Intent MAN Diesel & Turbo and Waterfront signed in July of this year. MAN Diesel & Turbo officially designates the […]

  • LNG and Methanol Could Lead the Way to Shift to Biofuels?

    10 May 2016

    LNG and methanol have been singled out as top alternative fuels for maritime transport in the report released by the EU Joint Research Centre (JRC) especially due to their capability to serve as transition fuels before making a major shift to biofuels. As indicated in the report, they can drive decarbonisation of the shipping sector and contribute to […]

  • Methanol dual-fuel VLCC design wins KR approval

    7 July 2022
    Business Developments & Projects, Certification & Classification, Infrastructure, Innovation, Regulation & Policy, Vessels

    A methanol dual fuel 300,000 DWT very large crude oil carrier (VLCC) has received approval in principle (AIP) from classification society Korean Register (KR).

  • Alfa Laval books LFSS order for 6 methanol-fueled boxships

    15 August 2022
    Business Developments & Projects, Equipment, Green Marine

    Alfa Laval has secured a contract to provide low-flashpoint fuel supply system (LFSS) on six dual-fuel container vessels. The contract represents the company’s largest methanol order this year. The Alfa Laval FCM Methanol system will be installed on six 1170 TEU container vessels ordered by Eastaway, a member of the X-Press Feeders Group. The new […]