info@futurefuels.in
+91 9393 76 8383
Algoma Central Corporation has commissioned Hyundai Mipo Shipyard in South Korea to build two 37,000 dwt ice-class product tankers in a deal worth around $96m. The vessels will deliver in the first quarter of 2025 and go on a long-term charter with Irving Oil under the Canadian flag, servicing the energy company’s refinery in Saint
As part of the Joint Development Project (JDP) between the three companies, the MR tanker is designed as a dual-fuel vessel, harnessing the power of marine gas oil (MGO) and methanol.
The vessel leaves South Korea for its maiden voyage this summer, sailing to Northern Europe via the Suez Canal, bunkering at several major ports along its journey. OCI is obtaining the approvals and permits required to commercially bunker methanol in several ports on the ship’s voyage, including Port of Rotterdam.
It will be the first time a methanol boiler has been installed onboard a ship, and Alfa Laval has secured significant orders for the new boiler including for container ships, tankers and cruise ships. Deliveries of the methanol boilers are scheduled to commence in late 2023.
The first boxship will enter X-Press Feeders’ Europe trade routes by the second quarter of 2025, with all vessels joining the fleet by the third quarter of 2026.
These vessels, with a capacity of 16,000 DWT, will be powered by methanol, making them environmentally friendly and paving the way for sustainable shipping solutions, accoridng to the company.
The new vessel series will have two-stroke WinGD methanol engines and four-stroke Wärtsilä methanol auxiliary engines.
The orderbook for methanol fuelled ships has grown rapidly with owners and operators specifying the fuel for use on ships from the largest container ships to small pilot boats.
Damen Shipyards, Boluda Towagesaid that they are looking to launch ‘the first newbuild methanol tug in Europe’ and they are currently working together to ‘identify the potential harbour that will be best matched to its operational profile’. The first vessel will be a Damen RSD-E Tug 2513 and Damen said that the ‘completely new design’
Ørsted has launched construction on what is set to become Europe’s largest e-methanol plant for shipping fuel. Expected to become operational in 2025, the FlagshipONE project in Sweden will produce around 50,000 tonnes of e-methanol per year. Originally developed by the Swedish e-fuels company Liquid Wind, the plant will be located next to Övik Energi’s