Good time ahead predicted for LNG

The advisory division of leading class society DNV Maritime sees good times ahead for LNG dual-fuel vessels, even if today’s high gas prices support fuel-switching to VLSFO. More than 200 LNG-fueled ships have been ordered over the course of the year to date, including 17 in November alone, according to DNV Principal Consultant Martin Wold.

CMES signs up for methanol car carriers

Shanghai-listed China Merchants Energy Shipping (CMES) has signed up for up to six methanol dual-fuel car carriers worth around $597m. The energy transport unit of China Merchants Group has inked a letter of intent with China Merchants Industry Holdings, one of the three leading shipbuilding groups in China, for two firm 9,000 ceu vessels for

Damen and Caterpillar agree for development of methanol dualfuel tugs

Together with Derrick York (Caterpillar Inc.) and Kees-Jan Mes (Pon Power), Damen Group CEO Arnout Damen has signed a Memorandum of Understanding (MoU) for the joint development of a series of dual-fuel methanol / diesel powered tugs. Electrically powered tugs are ideal for zero emission operations in harbors and terminals where low-cost electricity can be

KR and UPA agreed to collaborate on methanol-fueled ships

Korean Register (KR) and Ulsan Port Authority (UPA) have signed an MOU to support methanol-fueled ships and establish the South Korean port as a low-carbon, eco-friendly energy hub. A growing number of dual fuel methanol vessels are being ordered by international shipping companies, and in October South Korean shipping company KSS Marine took delivery of

Cecon contracts Sefine Shipyard for methanol-fuelled cable layer

Cecon Contracting has contracted Sefine Shipyard in Turkey for the construction of a methanol dual-fuel cable-lay vessel. The vessel, designed by NSK Ship Design together with Cecon’s engineering team will deliver in the first quarter of 2025. The company added that extensive operational experience has been applied to develop a versatile work platform, allowing the

Maersk signs MOU with Jordan for green methanol production

A.P. Moller – Maersk has signed a memorandum of understanding (MoU) with Jordan’s Ministry of Energy and Mineral Resources for cooperation in the field of green marine fuel production. The MoU was signed on the sidelines of the 2022 United Nations Climate Change Conference 2022 (COP27) held in Sharm El-Sheikh, Egypt. Through the agreement, which

Maersk strengthened efforts to accelerate global production of green methanol

Danish carrier A.P. Moller – Maersk has further strengthened its efforts to accelerate global production of green methanol having teamed up with US-based project developer Carbon Sink. The world’s second-largest liner has signed a letter of intent that covers the development of green methanol production facilities by Carbon Sink in the US. The first facility

OOCL orders seven methanol-fueled vessels

Orient Overseas Container Line Ltd. (OOCL) announced a newbuilding order of seven methanol-compatible 24,000TEU container vessels with expected delivery starting from the third quarter of 2026. The green fuel technologies to be applied on these new vessels, most notably for the methanol dual fuel engines, constitute a significant milestone in OOCL’s decarbonization journey.  Under the

World’s largest CO2-to-methanol plant starts production

The world’s first commercial scale CO2-to-methanol plant has started production in Anyang, Henan Province, China. The cutting-edge facility is the first of its type in the world to produce methanol — a valuable fuel and chemical feedstock — at this scale from captured waste carbon dioxide and hydrogen gases. The Shunli CO2-to-Methanol plant in Anyang,

Uthörn, Germany’s first methanol-powered research vessel

Germany’s first methanol-fuelled seagoing research vessel was named during a ceremony on 1 November at Fassmer Shipyards in Berne. Christened Uthörn by the German Federal Minister of Education and Research Bettina Stark-Watzinger, the 35-m vessel is being built for the Alfred Wegener Institute (AWI). After a two-year construction phase, the €15.0M (US$14.9M) research vessel is