Vard gets nod from DNV for methanol-powered WTIV design

Norwegian shipbuilder Vard has been awarded approval in principle from class society DNV for the design of its methanol-powered wind turbine installation vessel (WTIV). The so-called VARD 4 52 design features a methanol-electric system, which, together with a large battery pack, can reduce the CO2 footprint by up to 90%, Vard said. The vessel has

RoRo vessel to operate on methanol fuel

MOVE Logistics Group in New Zealand plans to order a new coastal RORO vessel capable of running on methanol fuel. Earlier in 2022, MOVE secured $10 million in co-investment funds from transport agency Waka Kotahi to support coastal shipping initiatives that reduce freight sector greenhouse gas emissions and enhance resilience. Waka Kotahi has endorsed the

Ørsted moves ahead with FlagshipONE e-methanol project

A project to provide sustainable e-methanol for the maritime sector has received the environmental permit for building the first large-scale production facility in the municipality of Örnsköldsvik in northeast Sweden. The project, called FlagshipONE and jointly owned by Swedish power-to-fuel player Liquid Wind and Danish utility Ørsted, is expected to be commissioned in 2024 and

Methanol Institute gets another member from Norway

American cruise line Norwegian Cruise Line Holdings (Norwegian) has become the newest member of the Methanol Institute (MI), a global trade association for the methanol industry. Norwegian operates the Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises brands. The company has a combined fleet of 29 ships and eight additional ships on order

Freudenberg gets methanol-powered fuel cell type approval for ships

Germany’s Freudenberg e-Power Systems has achieved a significant milestone in the development of methanol-powered fuel cell systems for ships by receiving a type approval certificate from the international classification society RINA. Freudenberg e-Power Systems’ approach to using methanol for marine applications combines highly efficient fuel reforming technology with a long-life PEM fuel cell in a

Europe’s first electromethanol hub set to be launched by 2025

Gothenburg Port Authority is collaborating with Stena Line, DFDS, Ørsted and Liquid Wind to establish Europe’s first electromethanol (e-fuels) hub with a planned launch date of 2025. Liquid Wind and Ørsted’s emethanol production facility FlagshipONE is in late-stage development and approaching a final investment decision. It will be the largest e-fuels facility in the world,

COSCO and China Merchants exploring methanol fueled ships

China explores methanol shipping COSCO and Dalian developed the designs for China’s first domestic VLCC fueled with methanol (COSCO). Methanol is continuing to gain momentum as a leading option for the shipping industry to address decarbonization. Already adopted by an emerging group of shipping lines, two of China’s leading shipping companies are joining the effort

Methanol as fuel for shipping gets support from COSCO and Bill Gates

Chinese giants COSCO and China Merchants are looking at Methanol as fuel for shipping, while Bill Gates has also invested in tech to support the switch. The Danish startup Blue World Technologies has just raised €37m ($36.9m) from investors including Breakthrough Energy Ventures, which is backed by Bill Gates, to help it scale up production

Green hydrogen and methanol from forest, and plastic waste

Leaders of a South Korean advanced technology company are in the Mountain State meeting with economic development officials, university researchers, and state and federal representatives to explore potential sites for a hydrogen gasification facility that would create green energy from forest, plant, and plastic waste products. Plagen Co., Ltd., technology produces hydrogen from various wastes

Maersk enters into methanol supply agreement with Debo Energy

AP Moller – Maersk has entered into agreement with Debo Energy to purchase green methanol to provide secure fuel supply for Maersk’s 16,000 teu, methanol-powered, containerships. As per the agreement, Debo will produce around 200,000 tons green methanol annually, which is expected to commence commercial service in September 2024. In 2024, Maersk will introduce the