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MOL partners with NW Innovation on methanol shipping

Japanese shipping major Mitsui O.S.K. Lines partnered with Northwest Innovation Works, Kalama, to provide generation ships to serve the planned methanol facility at the Port of Kalama in southwest Washington, USA.

World’s first methanol powered ferry holds 5th anniversary

Exactly five years have passed, since the methanol fuelled ferry “Stena Germanica” first set sail. In fact, the vessel was a joint venture effort among Methanex Corporation, Stena Line, and Wärtsilä as it was the world’s first ferry using methanol as a marine fuel.

Infographic: The fuels of the future

IMO has developed an ambitious target to achieve a minimum of 50% reduction in greenhouse gas (GHG) emissions by 2050. However, to keep in line with this target, shipping industry must trust alternative fuels, that will lead it into the decarbonized future.

Arklow Shipping, DEME latest additions to Green Maritime Methanol consortium

Arklow Shipping and DEME are the newest to be added in the Green Maritime Methanol consortium, aiming to review the possibilities for renewable Methanol, to be used as a maritime transport fuel. The results and information that will be concluded from the work packages will be provided to a number of methanol-based ship designs, and their technical, economic and logistical feasibility will be evaluated.

Shipping’s bridge to 2030 is already in place

A leading shipbroker remarked to a recent conference panel session that for more shipowners to commit to LNG as fuel required much more support from the energy majors whose cargoes they might carry. In fact, Mr Christopher D. Chatterton, Chief Operating Officer of the Methanol Institute states that the majors have already come out in support of LNG as fuel.

NYK delivers first methanol-fueled carrier

Nippon Yusen Kaisha (NYK Group), the Japanese shipping company, has announced the delivery of a methanol carrier, Takaroa Sun, equipped with a two-stroke dual-fuel engine technology that enables the vessel to be powered by methanol.

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