Methanol News

 

Maersk Enters Deal for Half a Million Tonnes of Green Methanol Annually

Nov 22, 2023

Maersk on Wednesday announced it had entered into the shipping industry's first large-scale agreement for green methanol from China's Goldwind, and said production of green methanol was high on the political agenda in China.Shipping industry leader Maersk is investing in green fuels to power its fleet as it strives to reach net-zero emissions by 2040, while the shipping industry, responsible for 3% of global greenhouse gas emissions…

Ulsan Hosts First Ship-To-Ship Methanol Bunkering Operation

Feb 04, 2024

The Korean Ministry of Oceans and Fisheries and Ulsan Port Authority have announced a world first with the completion of a ship-to-ship (STS) bunkering of green methanol to the 16,000 TEU container ship Ane Maersk at Ulsan Port, South Korea…

Evergreen & X-Press Feeders Ink MOA for Methanol-fueled Feedering

Feb 01, 2024

Global container shipping line Evergreen Marine Corporation has signed a memorandum of agreement (MOA) with X-Press Feeders, the world’s largest independent common carrier, to place its containers on X-Press Feeders’ new dual fuel green methanol vessels…

Exploring 'Future Fuels' - Methanol’s Superstorage Solution

Jan 15, 2024

Technical inquiries to SRC Group ramped up after it received Approval in Principle (AIP) for a concept which ‘reinvented methanol fuel storage’ on board ships. Delivering the answers has seen technical talk converting into project discussions…

Maersk Signs Methanol Bunkering MoU with City of Yokohama

Dec 28, 2023

A.P. Moller-Maersk has signed a Memorandum of Understanding (MoU) with the City of Yokohama and Mitsubishi Gas Chemical. The agreement will focus on the development of green methanol bunkering infrastructure in Yokohama as Maersk’s 16,000 TEU…

Singapore Port Authority Seeks Methanol Bunker Supply Proposals

Dec 14, 2023

Singapore's Maritime and Port Authority (MPA) said on Thursday it was seeking proposals from companies to supply methanol as a marine bunker fuel at Singapore from 2025.The call emerged ahead of an expected uptick in methanol-powered ships,…

X-Press Feeders to Use Green Methanol in Q2 2024

Dec 12, 2023

Singapore-based container shipper X-Press Feeders plans to use green methanol bunker to fuel part of its fleet in Europe in the second quarter of 2024, a senior executive said on Tuesday.The move comes as the European Union will extend its Emissions…

Maersk to Deploy First Large Methanol-Enabled Vessel on AE Trade

Dec 07, 2023

A.P. Moller - Maersk is about to launch the first of its 18 large methanol-enabled vessels currently on order. On February 9, 2024, it will enter service on the AE7 string connecting Asia and Europe, which includes port calls in Shanghai, Tanjung Pelepas…

Suez Canal Signs Green Methanol MoU

Dec 03, 2023

Egypt's Suez Canal economic zone and Scatec ASA have signed a memorandum of understanding (MoU) worth $1.1 billion to supply ships with green fuel, a Suez Canal statement said on Sunday.The MoU agreed on the sidelines of the COP28 conference held in Dubai envisages production of 100…

Methanol Superstorage Solution for Existing Ships Earns LR AIP

Oct 03, 2023

A new and space efficient retrofit methanol storage solution from SRC Group has received Approval in Principle (AIP) from Lloyd’s Register (LR). Methanol Superstorage offers the potential for ships with years of service ahead to be considered for transition to this alternative marine fuel…

Maersk Sets Up Green Methanol Company

Sep 14, 2023

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…

Maersk Finalizes ECO Delivery Deal with Amazon

Sep 06, 2023

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 Portland to be Renewable Maritime Fuels Hub

Sep 06, 2023

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…

Maersk's Methanol Ship Makes Maiden Refueling in Rotterdam

Aug 29, 2023

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…

Shippers Bet on Green Methanol to Cut Emissions, Supply Lags

Aug 22, 2023

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…

Logistics News

EU Clears CMA CGM's Acquisition of Bollore Logistics, Subject to Conditions

EU Clears CMA CGM's Acquisition of Bollore Logistics, Subject to Conditions

ZIM Names Trio of LNG Containerships

ZIM Names Trio of LNG Containerships

Porto Chibatão Installs Four Harbor Cranes

Porto Chibatão Installs Four Harbor Cranes

Floating Production – A Growing Segment in Transition

Floating Production – A Growing Segment in Transition

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