‘Methanol emerged as a leading alternative fuel in the maritime sector’

Mr Jason Chesko, Director, Global Market Development at Methanex Corporation, shares his opinion on the growing demand for methanol  as fuel of the future, the role of his company Methanex in meeting the supply side to match new demand. How many methanol production plants do you have currently and how many in the pipeline? What

GSI launches sea trial of Chinese-built methanol-driven vessel

Guangzhou Shipyard International (GSI) has commenced sea trials of the first Chinese-built methanol-driven dual-fuel tanker called Stena Pro Patria. GSI secured a contract from Proman Stena Bulk, a joint venture of Swedish firm Stena Bulk and Swiss firm Proman, for the construction of three 49,990 DWT dual-fuel tankers. The other two ships, named Stena Pro

India can produce green hydrogen cheaper than China

India can be the cheapest producer of Green Hydrogen in the world due to its enabling climatic conditions, NITI Aayog CEO Amitabh Kant said. In an interactive session at the Raisina Dialogue, Kant pointed out that India has brought down the cost of renewable energy. While noting that China does not have climatic conditions to

India has no problem if Tesla produces EVs in the country: Gadkari

Union minister Nitin Gadkari said if the US-based Tesla is ready to manufacture its electric vehicles in India then there is ‘no problem’ but the company must not import cars from China. In an interactive session at the Raisina Dialogue, Gadkari further said India is a large market and there is a huge potential for

BFA focuses on green growth

The Boao Forum for Asia (BFA) focuses more on green and sustainable growth as the world is reeling from the COVID-19 pandemic and global climate change. During the three-day event in Boao, a coastal town in south China’s Hainan Province, about a quarter of the panel discussion topics covered green topics ranging from carbon neutrality

China’s bunker exports take a dip

China’s exports of marine fuel in March plunged 15% from a year ago, customs data showed. The exports were hit by high prices and Covid-19 curbs at domestic ports. March shipments were 1.42 million tonnes, data from the General Administration of Customs showed. Most of this was very low-sulphur fuel oil (VLSFO), with a maximum

Geely Emgrand powered by alcohol is presented in China

A Chinese source has published live photos and some technical details about the unusual version of the fourth generation Geely Emgrand. It’s all about its engine, more precisely, the power plant: the white sedan shown in the photo is equipped with a 1.8-liter engine running on methyl alcohol. At the same time, it does not

China-based car manufacturer BYD stops making fossil fuel cars

BYD Auto said it has stopped making fossil fuel cars since March, becoming the world’s first automaker to do so. The market is watching if more Chinese automakers will follow suit. In March 2022, the company sold more than 104,300 passenger cars, the first time it exceeded the 100,000 benchmark. The sales included 50,674 plug-in

China signs another deal to buy US LNG

US-based NextDecade will supply China’s ENN with 1.5 million tonnes per year (mtpy) of liquefied natural gas (LNG) for 20 years, starting as early as 2026, from the proposed Rio Grande export project in Texas. Significantly, this is the fourth US-China LNG deal struck in the past two weeks. Moreover, China-based buyers have lined up

Methanol-powered vehicles testing begins in China

China’s Zhejiang Geely Holding Group started testing three methanol-powered vehicles in Demark with a goal of selling the vehicles in European markets. The three models, two Geely-badged Emgrand compact sedans and one Farizon-brand M100 heavy-duty truck, will undergo testing for 15 months. The methanol vehicles have already been tested and passed China’s State VI emissions