Methanol News

 

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…

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…

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…

Shipowners, Port Operators Ramp Up Methanol-fueling Projects

Aug 21, 2023

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 to Order Four Methanol-Ready Vessels

Aug 15, 2023

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 and X-Press Feeders Sign Green Methanol Offtake Agreement

Aug 02, 2023

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…

Singapore Completes First Methanol Bunkering

Jul 27, 2023

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…

Carbon Sink, Rose Cay Partner for Methanol Fuel Supply

Jul 20, 2023

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…

Logistics News

Israel Aims to Boost Red Sea Oil Deliveries Despite Environmental Risks

Israel Aims to Boost Red Sea Oil Deliveries Despite Environmental Risks

Compromise Agreements Yield over $2.3 Million in Penalties

Compromise Agreements Yield over $2.3 Million in Penalties

Antwerp Euroterminal Readies Shore Power Facility

Antwerp Euroterminal Readies Shore Power Facility

US Regulator Seeks New Emissions Data from Venture Global LNG

US Regulator Seeks New Emissions Data from Venture Global LNG

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