Methanol
Proman Stena Bulk hosts naming ceremony for methanol-fueled Stena Pro Marine
Proman Stena Bulk, the joint venture (JV) between tanker company Stena Bulk and methanol producer Proman, has held a naming ceremony for its second methanol-fueled tanker. The naming ceremony for the 49,900 DWT tanker Stena Pro Marine was held at the port of New Orleans on October 24, 2023. Speaking
MOL, Hy2gen Deutschland to explore use of e-methanol for ships
Japanese shipping major Mitsui O.S.K. Lines and Hy2gen Deutschland have signed a Memorandum of Understanding (MoU) to explore the use of e-methanol as a fuel for ships.
Wallenius Wilhelmsen confirms order for up to 12 methanol dual-fuel PCTCs
Norwegian shipping and logistic company Wallenius Wilhelmsen has signed a contract with China Merchants Jinling Shipyard Co. for the construction of four methanol dual-fuel pure car and truck carriers (PCTCs) and up to eight optional units.
‘Industry’s first’ methanol-powered sustainable shipping fund unveiled
ProMarine AG, an investment advisor for the financing of the maritime energy transition, has launched what has been described as the’ industry-first sustainable shipping fund’ with an initial portfolio of four methanol-fueled MR tankers led by methanol producer Proman and shipping company Stena Bulk
Maersk seals world’s 1st methanol dual-fuel conversion project with Chinese shipbuilder
Danish container shipping heavyweight Maersk has signed its first methanol dual-fuel conversion project with Chinese shipbuilder Zhoushan Xinya Shipbuilding Co. The momentous deal, inked during a special ceremony held on October 18, 2023, signifies the inception of the world’s maiden containership m
Maersk adds Swiss renewable methanol producer to its low-carbon fuel portfolio
Maersk Growth, the venture arm of Danish shipping giant A.P. Moller-Maersk, has added Switzerland-based cleantech and engineering company Methanology AG to its low-carbon fuel portfolio. Methanology focuses on developing technologies capable of producing large quantities of renewable methanol using
Mittal: Shipowners need to start locking in long-term supply of green fuels
In order to catch up with the ambitions of decarbonization targets for the maritime industry, shipowners are being encouraged to start proactively securing long-term contracts for green fuels from serious players as the availability of these fuels is likely to be restricted amid demand from other se
ClassNK: 80 million gt of zero-emission ships needed annually by 2040 to meet IMO targets
The maritime industry must build 80 million gross tonnage (gt) of zero-emission ships each year over the 14-year period from 2027 to 2040 to achieve the indicative checkpoints for 2030 and 2040 developed by the International Maritime Organization (IMO) in its 2023 Greenhouse Gas (GHG) Strategy, acco
Athenian Sea Carriers orders 4 LNG and methanol-ready chemical tankers
Athenian Sea Carriers, a Greek shipping company, has exercised options for the construction of four eco-chemical tankers at the Chinese shipbuilding company Wuchang Shipbuilding Industry Group. These vessels, with a deadweight of 18,500 tons (dwt), are set to meet the highest environmental standards