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Methanol

DNV: Orders for alternative-fueled vessels grow, methanol in spotlight

According to the latest stats from DNV’s Alternative Fuels Insight (AFI) platform, a total of 298 ships with alternative fuel propulsion were ordered in 2023, with methanol going mainstream. The classification society revealed that by a small margin, methanol proved the most popular alternative fuel

about 2 years ago

Methanol

Watch: AAL Shipping’s methanol-ready mega-size vessel floated out in China

The first next-generation methanol-ready multipurpose vessel being built in China for Singapore-based shipping company AAL Shipping has been launched.

about 2 years ago

Methanol

Hanwha Ocean in unique collaboration with SHI

South Korean shipbuilder Hanwha Ocean has reportedly entered into a unique agreement with compatriot rival Samsung Heavy Industries (SHI), marking the first-ever collaboration between two shipbuilding heavyweights. While specifics of the deal remain undisclosed, reports suggest that Hanwha Ocean wil

about 2 years ago

Methanol

Fraunhofer IKTS: Membrane reactors for hydrogen to change green shipping

“Catalytic ceramic membrane reactors allow us to generate hydrogen offshore via methanol-reforming or ammonia cracking and promote its application as a fuel,” said Mohit Jain, Research Associate at German Fraunhofer Institute for Ceramic Technologies and Systems (IKTS). At the Offshore Energy Exhibi

about 2 years ago

Methanol

COSCO Shipping Energy picks methanol for six new tankers

Shanghai-listed China COSCO Shipping Energy Transportation has finalized strategic shipbuilding contracts for six new tankers worth a total of $449 million ( approximately RMB 2.9 billion). Hainan COSCO Shipping Energy, the company’s subsidiary, signed contracts with Yangzhou COSCO Shipping Heavy In

about 2 years ago

Methanol

Clarksons: 45% of ships ordered in 2023 embrace alternative fuels, with LNG still in the lead

The renewal of the global shipping fleet made a significant stride in 2023, with a total of 539 ships, equivalent to 45% of all newbuild orders placed last year by gross tonnage, being capable of running on alternative fuels, Clarksons Research said. “2023 was a hugely significant year in the shippi

about 2 years ago

© Copyright Louis Dreyfus Armateurs / Airbus

Methanol

Louis Dreyfus Armateurs picks CSSC Wuchang Shipbuilding for wind-powered ROROs

French maritime firm Louis Dreyfus Armateurs (LDA) has inked a construction contract with Chinese CSSC Wuchang Shipbuilding Industry Group for three low-emission roll-on /roll-off vessels supported by wind-assisted propulsion. The construction of the vessels has been commissioned by Airbus as part o

about 2 years ago

Methanol

2023 in review: A transformative year for shipping and maritime

In the maritime realm, 2023 has been a year marked by transformative projects and announcements, on both the regulatory side, ship designing, and shipbuilding front as well as demand signals for the production of alternative fuels. Amidst geopolitical turbulences in the Middle East, the ongoing conf

about 2 years ago

Methanol

MGC teams up with Maersk and Yokohama city to promote use of green methanol

Japan’s Mitsubishi Gas Chemical Company (MGC) has signed a memorandum of understanding (MoU) with the City of Yokohama and shipping giant Maersk to promote the use of green methanol at the Port of Yokohama. On December 27, MGC announced the signing of the MoU which aims to decarbonize international

about 2 years ago

Methanol

Australia’s $2 billion Hydrogen Headstart program reaches new stage

On behalf of the Australian government, the Australian Renewable Energy Agency (ARENA) has revealed that six applicants have been shortlisted and invited to submit a full application in the next stage of the $2 billion Hydrogen Headstart program. The applicants include: Together, the applicants are

about 2 years ago

Methanol

Korean Register okays HMM’s methanol dual-fuel retrofit boxship design

Classification society Korean Register (KR) has awarded approval in principle (AiP) for the methanol dual-fuel retrofit design of HMM’s 16,000 TEU containership.

about 2 years ago

Methanol

CCS, Accelleron to work on development of green fuels for ships

China Classification Society (CCS) has signed a strategic cooperation agreement with Swiss turbocharger producer Accelleron to work on the development of green fuels and upgrade of ammonia and methanol engines for ships.

about 2 years ago

Methanol

Mitsui E&S Tamano factory to manufacture WinGD engines

Swiss marine power company WinGD has signed an agreement with Mitsui E&S Diesel United (MESDU), part of Japanese shipbuilding company Mitsui Engineering & Shipbuilding group, that will see WinGD engines being built at the latter’s main Tamano Works for the first time.

about 2 years ago

Methanol

Yale-based start-up converts captured CO2 into methanol

Yale-based start-up Oxylus Energy has converted captured carbon dioxide (CO2) into methanol using an electrolyzer at room temperature and pressure at a production-level scale. On December 13, Oxylus Energy said it had passed the key benchmark test for the deployment and commercialization of its prop

about 2 years ago