In the UAE, TA’ZIZ awarded a $1.7 billion EPC contract to Samsung E&A on February 3 to construct one of the world’s largest methanol plants in Al Ruwais Industrial City, Al Dhafra, Abu Dhabi, aiming to boost the UAE’s chemical industry and economic diversification. The 1.8 million tons per annum facility will be the country’s […]
This is a presentation given by Lotte Rosenberg, CEO of Carbon Recycling International (CRI), at the ABLC San Francisco conference in October 2024. It highlights CRI’s role in decarbonizing transportation through their innovative technology that transforms captured carbon dioxide (CO2) into sustainable methanol. The presentation showcases CRI’s global leadership with multiple plants in operation and […]
In Singapore, Manifold Times reports on January 27, Hafnia and its joint venture partner Socatra of France held a naming ceremony at Guangzhou Shipyard International for Ecomar Gascogne, the first of four 49,800 dwt methanol dual-fuel MR tankers. The newbuilds mark Hafnia’s entry into the dual-fuel methanol segment, with the remaining vessels set for delivery […]
In China, Xinde Marine News reports construction began on China’s first methanol-powered inland ships, which will be deployed on the Xijiang River in Guangdong’s Zhaoqing City for waterway transport. A total of 50 ships are planned under the project, which aims to advance clean energy adoption in inland shipping. CIMC Enric subsidiary Blue Water Development […]
In Spain, Repsol’s Board of Directors gave the green light to invest in the Ecoplant, a pioneering project in Europe to transform urban waste into renewable fuels and circular products, adding a solution for reducing CO2 emissions in the transport sector, while at the same time promoting the circular economy. Located in Tarragona, this facility […]
In Italy, Fratelli Cosulich Group has placed an order for another 7,999 dwt IMO2 chemical bunkering tanker at Taizhou Maple Leaf Shipbuilding Co., Ltd. This newbuild vessel is designed to carry fuel oil, biofuels up to B100, and methanol, highlighting our commitment to sustainability and fleet excellence. The delivery of this methanol-ready vessel is scheduled […]
In China, The Hong Kong and China Gas Company Limited (Towngas) and Singaporean company Global Energy have signed a memorandum of understanding (MOU) to jointly advance the supply and distribution of green methanol as a marine fuel for the shipping industry. This strategic collaboration between Towngas and Global Energy integrates production and logistics capabilities to […]
In China, South China Morning Post reports Hong Kong and China Gas (Towngas) and Singapore’s Global Energy Trading signed a memorandum of understanding to develop a green methanol supply chain across Asia, focusing on decarbonizing the shipping industry, which aims to reach net-zero carbon emissions by 2050. Towngas began producing green methanol in 2023 at […]
In Germany, energy company Mabanaft announced a multi-million-euro project to convert four tanks at its Blumensand terminal in the Port of Hamburg for methanol storage, aiming to support northern Germany’s transition to low-carbon fuels by 2027. The tanks, with a combined capacity of 20,000 cubic meters, will be converted in two stages, pending approval from […]
In India, Reuters reported that India’s AM Green has partnered with Dubai-based global port and logistics firm DP World to develop infrastructure to export 1 million ton per annum (MTPA) each of green ammonia and methanol. The report noted that the partnership includes building infrastructure across the European Union, the Far East region, and the […]
