MOL announces delivery of methanol dual-fuelled carrier “Capilano Sun”

Shipping company Mitsui O.S.K. Lines on 5 November announced the delivery of methanol carrier Capilano Sun at Hyundai Mipo Dockyard. The methanol carrier Capilano Sun can run either heavy oil or low-environmental impact methanol fuel. Hisafuku Kisen K.K. and Waterfront Shipping Company Limited will charter the vessel from MOL under a long-term contract. MOL is

Two New Vessels Illustrate Progress with Methanol-Fuelled Ships

The shipping industry is increasingly looking to methanol-fuelled vessels as the next step in the transition away from traditional heavy fuel oil. While supplies of methanol do not currently support a large-scale conversion, interest grew when shipping major Maersk announced that t was accelerating its efforts to launch methanol-fueled vessels. While Maersk’s vessels remain years

Maersk to go green early as new fuel options speed up transition

A.P. Moller-Maersk A/S, one of the world’s largest oil consumers, will reach its goal of becoming carbon neutral ahead of a 2050 deadline because the green transition in shipping is turning out to be easier than expected, its chief executive said. “It will go a lot faster,” CEO Soren Skou said. The Copenhagen-based company will

How the petrochemicals industry can reduce its carbon footprint

The chemical building blocks derived from petrochemicals continue to play a crucial role in society. Syngas production contributes significantly to petrochemical CO2 emissions. The technology exists to significantly reduce syngas CO2 emissions at scale and help the industry on its road to net zero. Petrochemicals have played a crucial role in society for over 50

Nigeria set to domesticate Methanol production

Minister of Science, Technology, and Innovation, Dr. Ogbonnaya Onu has said that Nigeria is ready to domesticate Methanol fuel production in the country for professionals and expatriates to exhibit their talents and exchange business ideas with their counterparts both home and abroad. The Minister said this when the National Coordinator of the Movement for the