Maersk has teamed up with its majority owner to form a new company to produce 'green methanol', the shipping company said on Thursday, as it held a naming ceremony for the world's first container vessel powered by the low-carbon fuel.Green methanol, produced either from biomass or captured carbon and hydrogen from renewable power, can reduce carbon dioxide emissions from container ships by 60% to 95% compared with conventional fossil fuels…
A.P. Moller - Maersk and Amazon have finalized a 2023-2024 agreement for the transport of 20,000 FFE containers (40,000 TEU) using green biofuel through Maersk’s “ECO Delivery” ocean product offering.Maersk estimates this purchase will contribute to a reduction in 44…
Australia’s Victorian Government is backing a new feasibility study that could see Portland become home to one of Australia’s first green shipping fuel production hubs.Minister for Regional Development Harriet Shing announced the new study for a renewable fuel manufacturing hub in the portside city…
The port of Rotterdam has for the first time refueled a methanol-powered container ship as the shipping industry turns to the technology to cut its emissions, methanol producer OCI Global said on Tuesday.The Maersk-owned ship began its 21,500 km (13…
Container shippers are ordering vessels powered by methanol to reduce greenhouse gas emissions, but it will take years for renewable methanol output to meet demand and for costs to fall, industry executives said.The first green methanol-fuelled container ship…
Interest in methanol as an alternative fuel has grown in the shipping industry, which seeks to achieve net-zero emissions by 2050.Below is a list of upcoming methanol bunkering-related projects by companies and ports:COMPANIES:A.P. Moller-MaerskMaersk…
Wallenius Wilhelmsen, the world’s largest RoRo vessel operator, has signed a letter of intent for the delivery of four 9,350 CEU methanol-capable and ammonia-ready vessels and individual options for an additional eight vessels. The four vessels…
OCI Global will supply X-Press Feeders with OCI HyFuels green methanol for their newbuild methanol dual-fueled common feeder ships from 2024.The green methanol will be used to fuel X-Press Feeders’ upcoming dual-fuel vessels servicing European…
Maersk and Hong Lam Marine have conducted the world’s first ship-to-container ship methanol bunkering operation of a Maersk’s container vessel at the Raffles Reserved Anchorage in Singapore.This was also Singapore’s first methanol bunkering…
Green methanol manufacturer Carbon Sink is partnering with Jones Act-compliant shipping company Rose Cay Maritime (RCM) to build out an end-to-end low-carbon marine fuel supply chain.The two companies signed a memorandum of understanding (MOU) outlining a plan for increasing green fuel production…
Maersk's first-of-its-kind methanol dual-fuel containership made history on July 16 when it became the first to bunker methanol.The newly built vessel bunkered 1,000 metric tonnes of the cleaner burning fuel at Odfjell Terminals Korea in Ulsan before embarking on its 21…
As technology feasibility continues to grow for methanol as a marine fuel, the main challenges for the industry’s adoption of it are investment and community readiness, according to a new report from Lloyd’s Register (LR).The report, 'Fuel for Thought: Methanol'…
Denmark's Maersk said on Monday it has secured fuel for the world's first container vessel able to run on carbon-neutral methanol for its inaugural journey.Interest in methanol as an alternative fuel for bunkering has grown in the shipping industry…
Ørsted broke ground on Europe’s largest e-methanol project, FlagshipONE, on May 24.FlagshipONE will start production in 2025 and will produce 50,000 tonnes of e-methanol annually. The maritime sector is a key target for the methanol. Currently…
Proman Stena Bulk, the joint venture between tanker company Stena Bulk and methanol producer Proman, announced the successful completion of the first ever barge-to-ship methanol bunkering on the U.S. Gulf Coast.The JV tankers Stena Pro Marine…
