ABS and Asiatic Lloyd Maritime LLP, member of the AL Group, have agreed to collaborate on a fuel system conversion to methanol.
In particular, they have signed a joint development project (JDP) to study the feasibility of converting the fuel system of an ultramax bulk carrier. The study is focused on a series of up to eight ABS Classed ultramax bulk carriers ordered for construction in the New Hantong Shipyard, China, for AL Group.
John McDonald, ABS President and COO explained that converting vessel propulsion systems to take advantage of the decarbonization potential afforded by methanol is going to be an important part of the industry’s green energy transition.
This joint development project with ABS allows us to explore actively the adoption of low-carbon fuel options for our future fleet, while fortifying our commitment to environmental stewardship, emissions reduction, and innovation
… said Friedrich Bunnemann, Managing Partner of AL Group and Asiatic Lloyd Maritime LLP.
In general, methanol conversions seem to be increasing. For example, MAN Energy Solutions has signed a Conversion Commitment Agreement with Seaspan Corporation, in partnership with Hapag-Lloyd, for dual-fuel, methanol engine conversion solutions.
Additionally, Wärtsilä has been hired by Swedish ferry operator Stena Line to convert several of its vessels to run on methanol fuel.
