Methanex and MOL have concluded Key Commercial Terms for the purchase and sale of an equity position in, and the establishment of a strategic partnership involving Methanex’s Waterfront Shipping (WFS) subsidiary.
Proman Finalizes Two Additional 49,900 DWT Methanol-Powered Newbuildings
Provident and Progressive will be the fifth and sixth methanol dual-fuel vessels for Proman, to be delivered in 2023 and traded globally.
World’s First Methanol Powered Ferry Now Runs On Recycled Methanol
In 2015 Stena Line made history by converting one of the largest RoPax ferries in the world, the 240-metre Stena Germanica, to become the world’s first methanol powered ferry.
Watch: Port Of Antwerp To Attempt World’s First Conversion Of Tugboat To Methanol-Propulsion
Port of Antwerp will convert a tugboat to methanol propulsion, a world first. This ‘methatug’ is part of the European Fastwater project, which aims to demonstrate the feasibility of methanol as a sustainable fuel for shipping.
ClassNK Issues AiP For Design Of Methanol Dual-Fueled Tanker
Leading Classification Society ClassNK has issued an Approval in Principle (AiP) for the design of a methanol dual-fueled tanker developed by Sumitomo Heavy Industries Marine & Engineering Co., Ltd.
Proman Stena Bulk Starts Steel Cutting For New 49,900 DWT Methanol-Fuelled Tanker
Proman Stena Bulk Ltd confirmed that steel cutting has commenced for its state-of-the-art IMOIIMeMAX methanol-fuelled 49,900 DWT vessel Stena Pro Patria, which is due for delivery in early 2022.
NYK Inks Long-Term Charter Agreement For Two Methanol-Fueled Chemical Tankers
NYK Bulkship Pte. Ltd., an NYK Group company based in Singapore, has signed a long-term time charter contract with Waterfront Shipping Company Limited (WFS) for two newly built chemical carriers.
Proman Stena Bulk To Promote Greener Shipping With Additional Methanol-Ready Vessel
The methanol-powered Stena Prosperous will join the Stena ProPatria and the Stena ProMare in the Proman Stena fleet in H2 2022.
Approval Of Methanol Guidelines By IMO Will Release ‘Pent-Up Demand’ For Low Carbon Alternatives
Long-awaited formal adoption of interim guidelines on ethyl/methyl alcohol fuels by IMO Maritime Safety Committee provides genuine alternative for 2030 compliance and beyond