3680 results found for 'methanol'

3680 results found for 'methanol'
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  • Clarksons: 44 pct of ships ordered in H1 are alternatively fueled

    12 July 2023
    Business & Finance, Business Developments & Projects, Green Marine, Market Outlooks, Outlook & Strategy, Transition, Vessels

    Green transition remains a central underlying driver for shipping markets, according to the latest review from Clarksons Research, which estimates that 44% of newbuild tonnage ordered in the first half of this year was alternative fueled. With 62 orders secured in the first six months of 2023, methanol continues to close in on LNG as […]

  • Getting to Zero Coalition: Major increase in uptake of large ammonia vessels

    18 March 2021
    Environment, Market Outlooks, Outlook & Strategy, Research & Development, Technology, Transition, Vessels

    There has been a notable increase in the uptake of large ammonia vessels over the past year, according to Getting to Zero Coalition’s latest edition of zero-emission project mapping. The number of identified projects has jumped from 66 to 106, the coalition’s second edition of the biannual Mapping of Zero Emission Pilots and Demonstration Projects shows. The […]

  • MSC: ‘We are willing and ready’ to further adopt alternative fuels

    7 March 2023
    Business Developments & Projects, Collaboration, Environment, Green Marine, Outlook & Strategy, Regulation & Policy, Transition, Vessels

    World’s largest container shipping company MSC is ready to embrace alternative fuels as part of its commitment to decarbonize its operations, Claudio Abbate, Vice President of Maritime Policy and Government Affairs at MSC Group, said. Abbate said the company was “willing and ready” to further adopt and embrace alternative fuel solutions while speaking in Lisbon for […]

  • Australia’s Portland en route to become renewable fuel production hub

    7 September 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Collaboration, Outlook & Strategy, Regulation & Policy, Research & Development

    Harriet Shing, Minister for Regional Development, Victoria, Australia, has announced a new feasibility study that could see Portland become home to one of Australia’s first green shipping fuel production hubs, with $500,000 invested through the Labor Government’s Portland Diversification Fund. The study will be led by Portland H2, a subsidiary of HAMR Energy, towards establishing […]

  • Clarksons: 93 pct of car carrier newbuilds LNG capable, 23 pct ammonia/methanol ready

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

    Car carrier newbuild ordering has increased significantly in 2021 and 2022 on record markets and the resumption of owners’ fleet renewal programmes, including efforts to support manufacturers to become ‘green through the supply chain’. The market recovery is primarily driven by post-covid car trade rebound boosting vessel demand and charter rates. A total of 48 […]

  • In focus: Investments in oil, offshore wind hit a snag, while deals on new green vessels keep emerging

    17 February 2023
    Business & Finance

    Even though it is an industry which is seeing major growth, European offshore wind saw no investments in an offshore wind farm in 2022 (except in a few small floating wind projects). Oil companies are also tip-toeing around new capital investments. Meanwhile, in the shipping sector, deals on new, greener vessels continue emerging.

  • Vale joins hands with Petrobras to boost development of low-carbon solutions

    29 September 2023
    Business Developments & Projects, Collaboration, Outlook & Strategy, Research & Development

    Brazil majors Vale and Petrobras have signed a protocol of intent to develop low-carbon solutions, taking advantage of both companies’ technical expertise and synergies. According to Vale, the partnership is for a two-year period and will assess joint decarbonization opportunities, including the development of sustainable fuels such as hydrogen, green methanol, biobunkers, green ammonia and […]

  • Ports of Gothenburg and Shenzhen partner on sustainability, new technologies

    29 May 2023
    Business Developments & Projects, Infrastructure, Ports & Logistics, Research & Development, Technology

    The Port of Gothenburg, the largest port in Scandinavia, has signed a sister port agreement with the Port of Shenzhen, the fourth-largest port in the world, to work together on sustainable transport, volume growth, and new technology.

  • Tsuneishi Shipbuilding partners Maersk Mc-Kinney Møller Center

    30 March 2023
    Collaboration

    Japanese company Tsuneishi Shipbuilding has joined the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping as a mission ambassador.

  • President Mahama Visits Equitorial Guinea LNG

    12 August 2013

    President John Mahama on Friday led a team from the Ghana National Gas Company, a state-owned company, to visit Equitorial Guinea’s Punta Europa Gas Complex in Malabo. The Complex is made up of Equitorial Guinea LNG, which is produces Liquefied Natural Gas, Marathon EG Production Limited, which provides EG LNG and another company called AMPCO […]

  • MSC dominates the industry with record-breaking 124-ship orderbook

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

    Swiss-based container shipping giant MSC has the largest orderbook by far in the industry with 124 containerships on order. Namely, MSC has 14 megamax ships and 22 neo-panamax ships on order scheduled for delivery in 2023, according to Alphaliner. The orders are spread between Chinese and South Korean shipbuilding majors. Even if some deliveries will […]

  • MPA Singapore, Port of Rotterdam & partners set sights on 30 pct emission reduction by 2030

    20 September 2023
    Business & Finance, Business Developments & Projects, Collaboration, Environment, Green Marine, Outlook & Strategy, Ports & Logistics, Regulation & Policy, Rules & Regulation, Transition, Vessels

    The Maritime and Port Authority of Singapore (MPA), the Port of Rotterdam (PoR) and 20 partners in the Green & Digital Shipping Corridor are working to reduce 20% to 30% of emissions from international shipping by 2030. This was agreed at the third Green Corridor workshop, held this week in Rotterdam. The Green & Digital […]

  • France to bankroll development of zero-emission ships with €300 mln, backed by $200 mln from CMA CGM

    9 November 2022
    Authorities & Government, Business & Finance, Business Developments & Projects, Green Marine, Innovation, Outlook & Strategy, Regulation & Policy, Transition, Vessels

    France plans to assign € 300 million in public funding to help catalyze the decarbonization of its shipping sector and the development of zero-emission vessels. The move was announced by the French secretary of state in charge of maritime affairs, Hervé Berville at a conference held in Lille on Tuesday, as part of the “France-Mer […]

  • LR, UMAS: Not only one zero-carbon fuel is the most competitive

    23 April 2020
    Collaboration, Environment, Market Outlooks, Outlook & Strategy, Research & Development, Transition, Vessels

    Different zero-carbon fuel options are more competitive in different decades and there is not one option which is the most competitive from today through to 2050, a new paper finds.

  • Lloyd’s Register: Robust Demand for LNG Carriers

    22 April 2013

    Lloyd’s Register (LR) has issued a gas technology report, addressing some of the challenges found in safe bunkering and port operations as well as in ship design, the classification society said.  “It has been a big year so far for gas in shipping,” commented Luis Benito, LR’s global marine marketing manager. “We are seeing robust […]

  • Ardmore, partners to drive adoption of E1’s hydrogen purification technology

    16 March 2021
    Business & Finance, Collaboration, Environment, Regulation & Policy, Transition

    Ardmore Shipping Corporation has signed a Letter of Intent with Element 1 Corp. and Maritime Partners to establish a joint venture that would deliver E1’s methanol-to-hydrogen technology to the marine sector. Oregon-based E1 has developed advanced hydrogen generation systems used to power fuel cells with broad use in mobile applications and remote locations.  As explained, […]

  • Maersk wants 25pct of ocean cargo to be transported with green fuels by 2030

    23 November 2022
    Business & Finance, Business Developments & Projects, Green Marine, Infrastructure, Outlook & Strategy, Ports & Logistics, Transition, Vessels

    Danish container shipping major Maersk has set ambitious 2030 targets as part of its 2040 decarbonization strategy that includes having at least a quarter of its ocean cargo transported with green fuels. “Nobody can predict the future, and there is still a lot of uncertainty. In the next 18 years, new technologies and opportunities will […]

  • In focus: Accelerating buildout of sustainable energy mix amid fossil fuel impasse

    15 September 2023
    Authorities & Government, Business Developments & Projects, Carbon Capture Usage & Storage, Collaboration, Environment, Equipment, Innovation, Project & Tenders, Transition

    Last week’s G20 summit in India concluded with mixed progress on environmental issues. The leaders hailed the ambitious new renewable energy goal to “pursue and encourage efforts to triple renewable energy capacity globally” by 2030. However, the gathering was marked with lingering disagreements and weak wording about phasing out fossil fuels.

  • South Korea’s shipbuilding orderbook surges to over $7 bln amid strong demand for high-end dual-fuel ships

    21 February 2023
    Business & Finance, Business Developments & Projects, Green Marine, Market Outlooks, Outlook & Strategy, Transition, Vessels

    South Korean shipbuilders are resuming their winning streak from last year as they reap fruit from the growing demand for high-end ships featuring dual-fuel propulsion and advanced technology. The country’s key ship manufacturers have secured over $7 billion in new orders since the beginning of this year. Korea Shipbuilding & Offshore Engineering (KSOE), an intermediate […]

  • Subsea 7 bags UK deal

    26 April 2010

    Subsea 7 has bagged a pipeline contract in the UK sector of the North Sea. The deal is worth in excess of 75 million dollars. The Subsea 7 work scope is to engineer, fabricate, install and commission a pipeline bundle consisting of production, gas lift, methanol and heating pipelines and controls umbilical, the company reports […]

  • CMA CGM opts for Wärtsilä’s FGSS systems for 23K TEU boxship quartet

    31 August 2023
    Equipment

    Finnish technology group Wärtsilä will supply the LNG Fuel Gas Supply (FGSS) systems for four new 23,000 TEU containerships being built for France-based shipping giant CMA CGM at the Hudong Zhonghua Shipbuilding yard in China. 

  • Ørsted acquires full ownership of Europe’s largest green electrofuel project with FID in place

    20 December 2022
    Business & Finance, Business Developments & Projects, Outlook & Strategy

    Swedish green electrofuels developer Liquid Wind has informed that its partner, Danish offshore wind developer Ørsted, will acquire full ownership of the FlagshipONE project, the largest green electrofuel facility in Europe that has reached a final investment decision (FID). The project was developed and previously co-owned by Liquid Wind and Ørsted, which joined the project […]

  • Industry firsts: HD Korea Shipbuilding to fit Exmar’s LPG carriers with ammonia-powered engines

    16 October 2023
    Business & Finance, Business Developments & Projects, Collaboration, Green Marine, Innovation, Outlook & Strategy, Transition, Vessels

    South Korean shipbuilding major HD Korea Shipbuilding & Marine Engineering will install ammonia dual-fuel engines in two 46,000-cubic-meter medium-sized LPG carriers that are being built for Belgian shipping company Exmar. The vessels, measuring 190 meters in length, 30.4 meters in width, and 18.8 meters in height, will be built at the Hyundai Mipo Dockyard in […]

  • Liquid Wind secures $16.9M for eMethanol facility

    26 November 2021
    Business & Finance, Business Developments & Projects, Project & Tenders

    Swedish power-to-fuel developer Liquid Wind has received €15 million ($16.9 million) for its FlagshipONE eMethanol fuel-producing facility from Swedish Climate Leap.

  • Container shipping majors score big as Evergreen, CMA CGM, and Maersk add over 40 orders to the yards

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

    The container shipping market is bustling with activity as container shipping giants Maersk, Evergreen, and CMA CGM collectively place orders for up to staggering 44 containerships, valued at over $5 billion. Evergreen has emerged as the biggest spender with a reported order of twenty-four 16,000 TEU containerships. According to Intermodal, the order has been spread […]