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The export of methanol, which is less polluting alternative fuel than octane and diesel, has started from India to Bangladesh.
Maersk set the ball rolling on methanol-fuelled newbuilds in 2021 with a series of 16,000 teu units plus one feeder in South Korea as part of its goal to achieve net zero in 2040. It has 25 methanol-enabled vessels on order
As part of the test, the partners took methanol as a fuel and converted it to hydrogen before using the hydrogen in a fuel cell to generate power cleanly and efficiently – testing the system.
The consortium of research and industry plans to produce a total of 380,000 liters of green fuel (e-fuel) over the course of the next four years.
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.
