In The Netherlands, Offshore Energy reports the International Maritime Organization granted consultative status to the Methanol Institute, empowering the trade association to offer expertise directly in IMO’s regulatory discussions. With this status, MI can now attend and contribute to IMO meetings, participating actively in shaping the industry’s approach to achieving net-zero emissions by 2050. The […]
In New Zealand, NRZ reported that the country’s biggest gas user Methanex is temporarily shutting its New Zealand methanol plants and selling the gas to power companies. The report noted that the firm would shut its Taranaki plant until the end of October after agreeing to sell the gas to Contact Energy and Genesis Energy. […]
In Norway, Höegh Autoliners announced taking delivery of the DNV equipped “ammonia ready” and “methanol ready” Höegh Aurora at a naming ceremony at China Merchants Heavy Industry’s yard in Jiangsu, China. The Höegh Aurora is the first in the pure car and truck carrier segment capable of operating on carbon-neutral ammonia. CEO Andreas Enger stated, […]
In Denmark, Maersk announced their fleet renewal program continuation with the signing of newbuilding orders and time-charter contracts for 50-60 dual-fuel vessels capable of running on methanol or liquified bio-methane, totaling 800,000 TEU. The exact allocation of propulsion technologies will be determined based on future regulatory requirements and the availability of green fuels. This approach […]
In the United Arab Emirates, Masdar said it has signed an agreement with TotalEnergies to assess the viability of developing a commercial green hydrogen to methanol to SAF project. The focus of the project is to help decarbonize hard to abate, emission intensive sectors such as the aviation and maritime industries. The project will also […]
In Singapore, TFG Marine, a marine fuel joint venture founded by Trafigura, Frontline, and Golden Ocean, has signed a long-term time charter agreement with Consort Bunkers for four newbuild methanol carriage-ready bunker tankers. The 6,500-dwt IMO type 2 tankers are being built by Merchants Jinling shipyard in Nanjing, China. Operated by Consort Bunkers for TFG […]
In Korea, Business Korea reports the shipbuilding industry is experiencing a significant shift, with a rising preference for liquified natural gas (LNG) dual-fuel container ships over methanol-powered vessels. According to Clarkson Research, the first half of this year saw orders for 40 LNG dual-fuel container ships, double the 20 methanol dual-fuel ships ordered. This is […]
In the UK, Energy Digital reported that Saudi Aramco Total Refining and Petrochemical Company (SATORP), a collaboration between Saudi Aramco and TotalEnergies, has secured a 20-year agreement with Chemanol, a Saudi methanol chemicals company. Under the terms of the deal, Chemanol will supply 100,000 metric tons of methanol annually for SATORP’s Amiral project, a petrochemical […]
In Switzerland, Nova Marine Group and Algoma Central Corporation have announced an order for the world’s largest and most eco-friendly cement carrier. The 38,000 dwt vessel will be built in China and delivered by the end of 2026. This groundbreaking vessel, part of the NovaAlgoma joint venture, will be equipped with a dual-fuel system capable […]
In the Netherlands, X-Press Feeders has started Europe’s first scheduled feeder network in which the vessels are powered by green methanol, a sustainable marine fuel that reduces greenhouse gas emissions by up to 65%. The industry milestone coincided with today’s naming and christening ceremony in Rotterdam of X-Press Feeders’ first dual-fuel methanol-powered vessel. The newly […]
