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Methanol

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Offshore Energy Recap 2024
Methanol

Readers’ choice: Offshore Energy’s most-read news of 2024

With increasing coverage of global energy transition efforts, but also energy security worries, keeping up with everything can be a challenge. To celebrate the year gone by, the Offshore Energy editorial team brings you the most-read stories on the site that defined the journey throughout 2024. $30

about 1 year ago
French energy company to work on e-methanol project on Haropa Port site
Methanol

French energy company to work on e-methanol project on Haropa Port site

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As part of the ‘West A29’ call for projects, French renewable energy company Qair has been awarded a parcel on the Haropa Port site, in Le Havre, to develop its e-methanol production project Methavert.

about 1 year ago
Asyad Group and partners looking to set up low-carbon fuel bunkering hub in Oman
Methanol

Asyad Group and partners looking to set up low-carbon fuel bunkering hub in Oman

Oman’s logistics provider Asyad Group has signed a joint study agreement with OQ Alternative Energy and Sumitomo Corporation Middle East FZE to look into the potential of establishing Oman as a global low-carbon fuel bunkering hub. The agreement is said to mark a ‘pioneering step’ in promoting susta

about 2 years ago
AD Ports and partners to develop green methanol facility for maritime transport
Methanol

AD Ports and partners to develop green methanol facility for maritime transport

AD Ports signed an MoU with Transmar and Orascom Construction to develop a green methanol storage and export facility for maritime transport.

about 2 years ago
‘World’s first’ large green methanol-enabled boxship visits Dubai (Gallery)
Methanol

‘World’s first’ large green methanol-enabled boxship visits Dubai (Gallery)

A.P. Moller – Maersk’s first large vessel that can run on green methanol has arrived in Dubai, UAE for the first time and was welcomed by DP World at Jebel Ali.

about 2 years ago
HMM Nuri
Methanol

Liner majors rally behind WSC’s GHG pricing mechanism

The World Shipping Council (WSC) is proposing a solution to the challenge of crafting a global greenhouse gas pricing regulation that encourages investment in green fuels, as the UN International Maritime Organisation works towards its target of achieving net-zero carbon emissions in the shipping in

about 2 years ago
methanol
Methanol

23 methanol-powered ships ordered since the start of 2024

The maritime industry’s fervor for alternative fuels shows no signs of abating as we enter 2024. According to data from DNV-Maritime, since the beginning of the year, 23 methanol-fueled ships have been to the Alternative Fuels for Shipping Index (AFI) database. The ordering has been dominated by the

about 2 years ago
Bahri
Methanol

Bahri Chemicals to time-charter new methanol-powered tanker duo from Proman

Proman and Bahri ink a five-year agreement for Bahri Chemicals, a Bahri arm, to time-charter two methanol-powered ships, Stena Provident and Stena Progressive, to transport various products globally.

about 2 years ago
Danish Shipping
Methanol

Industry titans Maersk and Hapag-Lloyd forge operational cooperation deal

Container shipping industry giants Hapag-Lloyd and Maersk have signed an agreement for a new long-term operational collaboration called ”Gemini Cooperation”, which will start in February 2025. “Teaming up with Maersk will help us to further boost the quality we deliver to our customers. Additionally

about 2 years ago
DNV: Orders for alternative-fueled vessels grow, methanol in spotlight
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
Clarksons: 45% of ships ordered in 2023 embrace alternative fuels, with LNG still in the lead
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
2023 in review: A transformative year for shipping and maritime
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
PIL and DP World team up to decarbonize global supply chains by using alternative fuels
Methanol

PIL and DP World team up to decarbonize global supply chains by using alternative fuels

Singapore’s shipping company Pacific International Lines (PIL) and Dubai-based port operator DP World have signed a memorandum of understanding (MoU) to jointly develop green solutions, such as using alternative fuels, to decarbonize global supply chains. PIL and DP World signed the agreement at the

about 2 years ago
Producers vow to deliver 11 million tons of hydrogen-derived marine fuel by 2030
Methanol

Producers vow to deliver 11 million tons of hydrogen-derived marine fuel by 2030

Green hydrogen producers have agreed to produce 11 million tons of the low-emissions fuel for use by the shipping sector by 2030 as part of a Joint Commitment that aims to enable the use of renewable hydrogen-derived shipping fuel this decade to meet maritime industry decarbonization targets. The Jo

about 2 years ago