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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.

Are alternative fuels ready for commercial use?

Jon Anders Ryste, Senior Consultant, Environment Advisory, DNV GL presents a recent study, whose ambition is to assess the commercial and operational viability of alternative marine fuels. The study analyzed six fuels, having LNG as its base for comparison.

Marinvest’s methanol-fueled tankers achieve operating milestone

Marinvest, the Swedish ship-management company, announced that its ‘Mari Jone’ and ‘Mari Boyle’, two of the first vessels fueled by dual-fuel ME-LGI (Liquid Gas Injection Methanol) engines operating on methanol, have each passed 10,000 operating hours on the alternative fuel.

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