ABS, AL Group to study methanol fuel conversion for bulker

ABS and Asiatic Lloyd Maritime LLP, member of the AL Group, have signed a joint development project to study the feasibility of converting the fuel system of an ultramax bulk carrier, from conventional diesel to methanol. The study is focused on a series of up to eight ABS Classed ultramax bulk carriers ordered for construction

ABS joins Maersk for vessel naming ceremony

ABS joined Maersk and global dignitaries for the official naming ceremony of the first containership ever to sail on green methanol, a Maersk feeder vessel built to ABS Class, the LAURA MAERSK. Ursula von der Leyen, President of the European Commission, served as the vessel sponsor, christening the LAURA MAERSK, following tradition, with a bottle

COSCO developing methanol as a future fuel

China’s state-owned shipping behemoths are going hard after methanol as a future fuel. To this end, COSCO, the world’s largest shipowner, has teamed with three other state-run firms – State Power Investment Corporation Limited (SPIC), Shanghai International Port Group (SIPG), and China Certification & Inspection Group (CCIC) – to develop a green methanol industrial chain

Hitachi Zosen working with MAN to offer methanol engine retrofits

Japan’s Hitachi Zosen is working with MAN Energy Solutions to offer clients methanol engine conversions plans amid rising inquiries for green retrofit solutions. Test operations will begin in 2024 at a Hitachi Zosen plant in Kumamoto prefecture, on Japan’s southernmost main island of Kyushu. MAN estimates that 2,800 vessels with MAN two- and four stroke

CMES places order for methanol-fuelled VLCC

China Merchants Energy Shipping (CMES) has placed an order for the world’s first methanol dual-fuel very large crude carrier. CMES said in August that it would be ordering a methanol dual-fuel VLCC at Dalian Shipbuilding Industry Co (DSIC). The ordered ship will have a 306,000 dwt and cost around $107.5m, an exceptionally cheap price given

Study to convert CO2 from glass production into methanol

The study aims to convert the CO2 generated at AGC‘s Kashima Plant in Japan into methanol. AGC and Mitsubishi Gas Chemical Company (MGC) will conduct a study on the production of methanol made from CO2 generated from AGC’s architectural glass production. The goal of the study is to use CCU1 technology to convert the CO2

Maersk taps Equinor to supply fuel for its landmark green boxship

Danish liner giant Maersk has struck a deal with Norwegian energy major Equinor for the supply of green methanol for its first methanol-fuelled 2,100 teu feeder vessel into the first half of 2024. Equinor has a methanol plant at Tjeldbergodden in mid-Norway and is already an established player in Europe, with ambitions “to be a

JP Morgan adds more methanol dual-fuel tankers

JP Morgan has added to its methanol-powered product carrier orderbook in China with two more ships at Guangzhou Shipyard International (GSI), according to broking reports. Greek shipbroker Intermodal has placed the US banking giant behind the order for two 50,000 dwt units costing $50m each. The deal brings the total number of methanol dual-fuel MR

Maersk’s methanol ship makes maiden refuelling

The port of Rotterdam has for the first time refuelled a methanol-powered container ship as the shipping industry turns to the technology to cut its emissions, methanol producer OCI Global said. The Maersk-owned (MAERSKb.CO) ship began its 21,500 km (13,359 mile) journey to Copenhagen from South Korea’s Hyundai Mipo Dockyard on July 10. It also

CMES readies methanol-fuelled VLCC order

China Merchants Energy Shipping (CMES) is gearing up to order the world’s first methanol dual-fuel very large crude carrier. The board of the Shanghai-listed energy transport unit of China Merchants Group has unanimously approved the construction of one vessel costing $107.5m. The vessel will be built at Dalian Shipbuilding Industry Co (DSIC) for delivery by