Proman Stena launches methanol-fueled joint venture chemical tanker in Singapore

Proman Stena Bulk, a joint venture between Sweden-based tanker firm Stena Bulk and Swiss methanol producer Proman, officially launched its sixth methanol-fueled joint venture chemical tanker in Singapore. The 49,900-deadweight tonnage (DWT) vessel called Stena Prosperous will be bunkered with a 20:80 green methanol and conventional methanol blend, they said in a joint statement. The

Wallenius Wilhelmsen orders four methanol-fuelled, ammonia-ready newbuilds

Norwegian car carrier operator Wallenius Wilhelmsen has declared options to build four more methanol dual-fuel and ammonia-ready newbuildings in China. The Oslo-listed company ordered four more 9,300 ceu so-called Shaper Class vessels at China Merchants Jingling Shipyard. The options for the ordered vessels are the new options Wallenius Wilhelmsen secured in March which have earlier

Laura Maersk now on weekly service to the Port of Gothenburg

A new feeder service started calling regularly at the Port of Gothenburg. The world’s first container ship powered by green methanol, Laura Maersk, operates the service sailing between the Port of Gothenburg and Bremerhaven. Laura Maersk is the first vessel in Maersk’s major initiative to use renewable methanol as a ship fuel. The shipping company

LR to work with Stena to retrofit two Stena Line ferries to methanol

Building upon the success of the Stena Germanica in 2015, Lloyd’s Register (LR) and Stena Lines will work together on a project to retrofit two fast roll-on/roll-off (RoRo) vessels with methanol propulsion. The conversion will see the Stena Superfast VII and Stena Superfast VIII Ro-Ro ferries, which operate on the Scotland to Northern Ireland route

NS United orders methanol newbuild

Japanese owner NS United Kaiun Kaisha has struck a deal with Nihon Shipyard, a joint venture between Imabari Shipbuilding and Japan Marine United, for the construction of a methanol dual-fuel newcastlemax bulk carrier. The Tokyo-based bulker giant said the 209,000 dwt vessel would be a next-generation environment-friendly vessel delivered to ship raw materials in Japan

MPCC opts for 2 methanol dual-fuel ships

Norwegian shipping company MPC Container Ships (MPCC) has signed a $55 million pre- and post-delivery ECA-covered financing agreement with Deutsche Bank and SINOSURE for its two dual-fuel methanol newbuildings. The two vessels feature dual-fuel engines that enable operation on green methanol. Thus, this financing has been internally classified by the lender as ‘Sustainable Finance’ as

ABS releases technical and operational advisory on methanol bunkering

ABS has released technical and operational advisory on using on methanol as a marine fuel. The new advisory provides the maritime industry with insight into the challenges of bunkering methanol and strategies to address them. The publication provides guidance regarding the technical and operational challenges of the supplier to the receiving vessel including critical design

Methanol Institute and SEA-LNG unite against EU trade barriers

The Methanol Institute (MI) and SEA-LNG, key representatives of the methanol and liquefied natural gas (LNG) industries respectively, express their deep concerns following the recent announcement by the European Commission impacting the trade of biomethane and biomethane-based biofuels such as biomethanol, according to the company’s release. The Commission has noted the intention to exclude the

Port strategies for green fuels bunkering

The Global Maritime Forum and RMI (founded as the Rocky Mountain Institute), under Mission Innovation’s umbrella, released a report outlining strategies for ports to become first movers in providing green methanol and ammonia bunkering. The report provides insights into the sources of green methanol and ammonia that could be available to the shipping industry and

Methanol Institute releases methanol milestones

2023 was an extraordinary year, as the methanol industry moved to seize the unique opportunity presented by methanol’s rise to prominence as a preferred marine fuel of the future. Beyond shipping, the Methanol Institute (MI) has seen tens of thousands of methanol taxis sold in China, along with hundreds of trucks, including new hybrid models.