In Indonesia, Pertamina New & Renewable Energy and France’s MGH Energy signed a memorandum of understanding in Jakarta during the Indonesia–France Business Forum to jointly explore low-carbon and renewable fuels, including e-methanol and sustainable aviation fuel, through feasibility studies, technology exchange, and potential investment. The agreement was signed by Pertamina NRE CEO John Anis and […]
In the Netherlands, the Port of Amsterdam opened a new shore power installation at Passenger Terminal Amsterdam, enabling sea cruise ships to plug into the grid and cut emissions by up to 4,800 tons of CO2 annually—years before European regulations require it. The system allows vessels to switch off their diesel generators while docked, reducing […]
In the Netherlands at the World Hydrogen Summit in Rotterdam, India’s AM Green and the Port of Rotterdam Authority signed a memorandum of understanding to build a green energy supply chain enabling up to 1,000,000 tons of hydrogen-based fuel exports per year and trade worth up to USD 1 billion between India and Northwestern Europe. […]
In Singapore, France and Singapore signed an Enhanced Maritime Partnership Agreement covering joint work on bio-methane bunkering, ship-to-shore digital systems, and maritime innovation during President Emmanuel Macron’s state visit as part of the elevation of bilateral ties to a Comprehensive Strategic Partnership. The agreement was formalized by French Transport Minister Philippe Tabarot and Singapore’s Acting […]
In Japan, Mitsui O.S.K. Lines delivered the KOHZAN MARU VII, a methanol-fueled chemical tanker, to Mitsubishi Gas Chemical under a long-term charter agreement. Built by Hyundai Mipo Dockyard in Ulsan, South Korea, the vessel is designed to carry renewable methanol and operate on the same fuel. The new ship builds on a partnership that began […]
In China, Zhitong Finance reports GF Securities said green methanol demand from methanol-powered ships—estimated at 930,000 tons—far exceeds current supply of just over 200,000 tons, creating “a window period to earn a green premium” and accelerating construction of upstream green hydrogen and methanol projects in China. The firm noted that global shipowners have begun buying […]
In China, Guancha reports China captured 74.7% of new global ship orders in 2024—totaling 87 million deadweight tons—according to official data from China’s Ministry of Industry and Information Technology. According to the report, behind the figures lies a deeper transformation: an industrial system built on consolidation, cost control, and local supply chains that increasingly outpace […]
In Finland on May 27, ESL Shipping signed a €70 million loan agreement with Svenska Skeppshypotek to help finance four new 17,000 DWT methanol-powered cargo vessels, which will be delivered between the third quarter of 2027 and the first half of 2028; the total project investment is approximately €186 million. The ships are being built […]
In China on May 21 in Nantong, China Merchants Energy Shipping launched the world’s first methanol dual-fuel roll-on/roll-off car carrier with a capacity of 9,300 vehicles, built by China Merchants Industry; the vessel is scheduled for delivery in the second half of 2025. The ship features a methanol-powered propulsion system including main and auxiliary engines, […]
In Finland, on May 28, Wärtsilä announced it will supply the electric propulsion systems for three battery-electric high-speed ferries—the first of their kind to be built in the United States—for San Francisco Bay Ferry, with deliveries starting in 2026 and the first vessel expected to enter service in early 2027; contract value was not disclosed. […]
