Tag: Methanol

MOL invests in methanol development with NIW deal
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MOL invests in methanol development with NIW deal

Mitsui O.S.K. Lines (MOL) is investing in low carbon development and methanol manufacturing company Northwest Innovation Works. Under the agreement, MOL will provide and operate purpose-built next-generation ships to serve the planned methanol facility at the Port of Kalama in southwest Washington, USA. With the support of MOL, NWIW will improve its global reach to...

The carriage of methanol in bulk onboard offshore vessels
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The carriage of methanol in bulk onboard offshore vessels

The Oil Companies International Marine Forum (OCIMF) has published a joint information paper The Carriage of Methanol in Bulk Onboard Offshore Vessels. The carriage of methanol in bulk is becoming common in the offshore oil and gas industry, and although there is technical documentation on methanol handling, guidance for offshore carriage by sea is limited....

Liquid Wind raises 1M SEK to produce carbon neutral fuel
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Liquid Wind raises 1M SEK to produce carbon neutral fuel

Swedish start-up Liquid Wind has raised SEK1 million to produce carbon netural fuel through a crowdfunding campaign. Liquid Wind, in partnership with its expert Consortium, will convert waste CO2 and renewable electricity into carbon neutral fuel, eMethanol. The funding will enable Liquid Wind to accelerate momentum in bringing eMethanol to market at scale and reducing...

Industry celebrates five-year anniversary of methanol-powered vessel
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Industry celebrates five-year anniversary of methanol-powered vessel

Wärtsilä, Stena, and Methanex Corporation are celebrating five years of successful operation of the methanol-fuelled ferry Stena Germanica. This is the first ship in the world to run on methanol as a marine fuel, signifying a major milestone in the continued shift towards a more sustainable future for commercial shipping in line with the industry’s...

DNV GL calls for fuel flexibility in shipping’s decarbonisation
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DNV GL calls for fuel flexibility in shipping’s decarbonisation

Classification society DNV GL has called on the shipping industry for fuel-flexibility to boost its efforts in decarbonising the industry towards the IMO’s 2050 greenhouse gas (GHG) emissions reduction goal. Reducing GHG emissions by at least 50 per cent by 2050 compared to 2008 levels as set by the IMO, requires the industry to adopt...

Marinvest tankers pass methanol milestone
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Marinvest tankers pass methanol milestone

Swedish ship-management company Marinvest has announced that two of its vessels operating on dual fuel ME-LGI (Liquid Gas Injection Methanol) have each passed 10,000 operating hours on methanol. The Mari Jone and Mari Boyle tankers, which were delivered in 2016, are managed on timecharters for Waterfront Shipping and operate globally, providing a flow of methanol...

Industry shows support for Methanol as marine fuel
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Industry shows support for Methanol as marine fuel

The shipping community has shown support for the use of Methanol as a marine fuel during a recent seminar held in Athens. The seminar series organiser Capt Saleem Alavi, president of Sea Commerce, reinforced the advantages of Methanol compared to liquefied natural gas (LNG), which is being heavily marketed as a long-term solution. “Methanol is...

Green Maritime Methanol shortlists nine ships for fuel research
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Green Maritime Methanol shortlists nine ships for fuel research

The Green Maritime Methanol consortium has selected nine ships for research on the application of renewable methanol as a marine fuel. New designs, newbuildings as well as existing ships of Boskalis, Van Oord, the Royal Netherlands Navy and Wagenborg Shipping will undergo testing of the fuel. The vessel sizes vary in length from between 40-160m,...

Port of Antwerp to pilot production of methanol
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Port of Antwerp to pilot production of methanol

The Port of Antwerp is bringing together different players to produce sustainable methanol for port uses. ENGIE, Oiltanking, Indaver, Vlaamse Milieuholding (VMH) and Helm-Proman have declared their support for the project, and several knowledge institutes have also committed themselves. The purpose is to produce methanol not derived from fossil sources, as is currently done, for...

Demand for methanol in shipping highlighted in new seminars
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Demand for methanol in shipping highlighted in new seminars

A new series of free industry seminars that is touring the world promoting the use of methanol as a marine fuel has highlighted the growing interest in the fuel. Over 225 participants joined the seminar held in India and organised by Sea Commerce Consulting and Institute of Marine Engineers of India (IMEI) with support from...

Dutch maritime companies join methanol project
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Dutch maritime companies join methanol project

A consortium of international maritime companies, supported by Maritime Knowledge Centre, have joined together to further investigate the feasibility of methanol as a sustainable marine fuel. Shipowners Boskalis, The Royal Netherlands Navy, Van Oord and Wagenborg Shipping will join the consortium, along with shipbuilders, Damen Shipyards, Feadship, Royal IHC and marine engine manufacturers Pon Power...

Pathways to IMO 2050
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Pathways to IMO 2050

Shipping is preparing to meet a tough emissions target that aims for at least a 50 per cent reduction in greenhouse gas (GHG) emissions by 2050 compared with a 2008 baseline. To meet this ambitious goal, which is equal to a reduction of at least 470 million tonnes of cargo emissions according to Dr Martin Stopford,...