Tag: methanol

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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