Tag: methanol

Only 10 sites worldwide have methanol bunkering facilities, research finds

Only 10 sites worldwide have methanol bunkering facilities, research finds

January 7, 2024 |

In Singapore, Splash 247.com reported that a new research from Clarksons Research shows there are only 10 sites worldwide offering methanol bunkering, with another 11 under development.  By contrast, there are 188 sites offering LNG as a ship fuel today with another 82 under development.  “2023 was a hugely significant year in the shipping industries […]

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Cosco Shipping Energy Transportation orders six methanol-fuelled tankers

Cosco Shipping Energy Transportation orders six methanol-fuelled tankers

January 3, 2024 |

In the UK, Seatrade Maritime News reported that Cosco Shipping Energy Transportation has inked a shipbuilding contract for six methanol-fuelled tankers with Cosco Shipping Heavy Industry. Three 114,200 dwt methanol-fuelled Aframax tankers will be constructed by Cosco Shipping Heavy Industry’s yard in Yangzhou. Measuring in 248.8 metres long and 44 metres wide, the vessels are […]

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

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

December 23, 2023 |

In the Netherlands, Offshore Energy reported that 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. Under the strategic cooperation agreement, CCS and Accelleron will establish a long-term cooperative relationship in products […]

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MAN to provide methanol power capability for wind construction vessels

MAN to provide methanol power capability for wind construction vessels

December 16, 2023 |

In Germany, Offshore Magazine reported that Ulstein Verft has ordered MAN 12V175D-MEV methanol-ready engines for two new commissioning service operation vessels ordered by Bernhard Schulte Offshore. The vessels, designed to support the offshore wind sector, should be delivered in 2025. MAN Energy Solutions’ 175D variable-speed gensets should provide reduced fuel consumption and emissions, according to […]

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Singapore Port Authority seeks methanol bunker supply proposals

Singapore Port Authority seeks methanol bunker supply proposals

December 16, 2023 |

In Singapore, Marine Link reported that Singapore’s Maritime and Port Authority (MPA) said it was seeking proposals from companies to supply methanol as a marine bunker fuel at Singapore from 2025. The proposals have to look into methanol supply sources, the bunkering operation model at a commercial scale and ways to physically transfer methanol, according […]

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Maersk to launch first methanol enabled vessel on Feb. 9

Maersk to launch first methanol enabled vessel on Feb. 9

December 11, 2023 |

In Denmark, A.P. Moller – Maersk (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, Colombo and Hamburg (see all port calls in the […]

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Wärtsilä to introduce four new methanol engines to its portfolio

Wärtsilä to introduce four new methanol engines to its portfolio

December 5, 2023 |

In Sweden, Wärtsilä will introduce another four methanol engines to its portfolio, setting a new industry benchmark with the broadest methanol engine portfolio currently on the market. In addition to the Wärtsilä 32 methanol engine launched last year, Wärtsilä will add the Wärtsilä 20, Wärtsilä 31, Wärtsilä 46F and Wärtsilä 46TS to its portfolio of […]

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Topsoe, Standard Gas sign MoU to collaborate on UK-based renewable natural gas and methanol project

Topsoe, Standard Gas sign MoU to collaborate on UK-based renewable natural gas and methanol project

December 3, 2023 |

In the UK, Topsoe and Standard Gas have signed a MoU to collaborate on a UK-based project to produce renewable natural gas and methanol from residual waste feedstocks. Topsoe will supply its proprietary technologies, including its methanation and methanol technologies, for the project, which will either be owned and operated by Standard Gas or licensed […]

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Global methanol market to reach value of $54.6 billion by 2030, study finds

Global methanol market to reach value of $54.6 billion by 2030, study finds

November 26, 2023 |

In Delaware, Allied Market Research reported that the global methanol market is anticipated to generate $54.6 billion by 2030.  The report stated that the industry was valued at $35.3 billion in 2021 and is expected to expand at a CAGR of 5.06% during the forecast period of 2022 to 2030. The report states that the […]

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