Tag: biomethanol

China bets big on biomethanol, but challenges loom

China bets big on biomethanol, but challenges loom

February 27, 2025 |

In Singapore, Manifold Times reports Chinese green energy firms have announced over 100 biomethanol projects totaling 30 million t/yr to supply the maritime sector, but high investment costs and a slowing economy pose challenges, according to speakers at the Argus Green Marine Fuels Asia conference in Singapore held February 18-19. “Securing long-term offtake agreements with […]

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ESL Shipping invests in alt-fuel vessels for Nordic green transition

ESL Shipping invests in alt-fuel vessels for Nordic green transition

October 10, 2024 |

In Finland, ESL Shipping announced its investment in four new handysize 1A ice-class vessels, valued at €186 million, which can be powered by green hydrogen-based e-methanol or biomethanol, allowing entirely fossil-free operations. The vessels will be built at China Merchants Jinling Shipyard in Nanjing, with deliveries expected between Q3 2027 and Q1 2028. The key […]

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