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Cepsa and A.P. Moller-owned C2X to develop the largest green methanol plant in Europe

Both announced a joint project to provide green methanol for multiple industries including shipping by developing a green methanol plant in the port of Huelva, southern Spain.

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Cepsa and A.P. Moller-owned C2X to develop the largest green methanol plant in Europe

Cepsa, which is owned by Mubadala and Carlyle, and C2X, an independent company majority owned by A.P. Moller Holding with A.P. Moller – Maersk as minority owner, on Friday (1 December) announced a joint project to provide green methanol for multiple industries including shipping by developing a green methanol plant in the port of Huelva, southern Spain.

The project’s aim is to reach an estimated annual production capacity of 300,000 tonnes of green methanol, which Cepsa calculates would prevent the emission of up to 1 million tonnes of CO2. The plant would have the capacity to reach a maximum production of 380,000 tonnes. A final investment decision for this project, which would entail an investment of up to EUR 1 billion (USD 1.08 billion), is expected to be made in 2025.

If approved, the project has the opportunity to create 2,500 direct and indirect jobs, further supporting the Andalusian Green Hydrogen Valley being developed by Cepsa and its partners with an ambition to reach a green hydrogen production capacity of 2GW by 2030. Some of the green hydrogen produced will supply the new green methanol facility.

The project will place Andalusia as one of the most competitive locations globally for the production and transportation of green molecules thanks to its renewable electricity capacity and industrial and port infrastructure, positioning Spain as a leading sustainable energy hub and securing independent and affordable clean energy for Europe.

The project was presented at COP28 in Dubai with the participation of Spanish Prime Minister Pedro Sánchez; Spanish Third Deputy Prime Minister and Minister for Ecological Transition and Demographic Challenge, Teresa Ribera; Brian Davis, CEO C2X; and Maarten Wetselaar, CEO Cepsa.

Cepsa CEO Maarten Wetselaar, said: “This partnership is another milestone in our strategy to make Spain a European hub for green molecules this decade, with viable projects to reduce emissions in sectors that are difficult and urgent to decarbonise. We will work with the Spanish government to develop the regulatory framework needed for this project to be successful and scalable.”

C2X CEO Brian Davis, said: “We see a growing demand for green methanol to help industries like shipping, aviation and chemicals move away from fossil-carbon based alternatives. While this project has strong fundamentals it will need an enabling framework in order to offer a competitive source of green methanol to its target customers. We look forward to working with Cepsa and the Spanish government as we develop the project.”

The partnership between Cepsa and C2X follows a protocol of collaboration agreed between A.P. Moller - Maersk and the government of Spain in November 2022 to explore the possibilities of producing green fuels in the country. This partnership is also in line with the declarations made at governmental level by Spain and Denmark to increase their bilateral cooperation in green energy transition.

Manifold Times previously reported C2X announcing it was moving forward in the development of its second production site.

C2X said it has successfully concluded the first phase to secure the concession for a 47ha large site for green methanol production within the Port of Huelva, Southern Spain.

Related: A.P. Moller-owned C2X secures land for large scale green methanol production in Spain

Photo credit: Cepsa
Published: 4 December, 2023

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Singapore: Vitol Bunkers takes delivery of specialised biofuel bunker barge “Marine Future”

New vessel will uniquely make it possible to supply biofuel blends including B24, B30 and up to B100; can also be re-configured in future to supply methanol bunker fuel.

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Singapore: Vitol Bunkers takes delivery of specialised biofuel bunker barge “Marine Future”

Singapore-based marine fuel supplier Vitol Bunkers on Thursday (22 February) said it has taken delivery of the Marine Future, its first specialised bunker barge in Singapore, strengthening its position in Asia’s expanding biofuel bunker market.

The addition of this specialised IMO type 2 notation bunker tanker to the V-Bunkers fleet will uniquely make it possible to supply biofuel blends including B24, B30 and up to B100, depending on customer specifications.

Built in China, Marine Future is 102.6m in length and has the capacity to carry about 7,000 MT of biofuels.

“The current fleet of bunker tankers in Singapore are classified as ‘oil tankers’ and are therefore restricted to a maximum of 25% bio component in biofuel blends. This new bunker tanker has no such restriction, hence can deliver bunker fuels consisting of 100% bio component (B100),” the firm said in a statement.

“Biofuels are a key pathway for the hard-to-abate shipping sector to mitigate emissions. Biofuel sales in Singapore reached 520,000 tonnes in 2023 according to the Maritime and Port Authority of Singapore (MPA), representing a material increase on the prior year where volumes were 140,000 tonnes.”

“We are delighted to now be able to offer our maritime customers the option to take up to 100% bio component bunker fuel here in Singapore and play our part in advancing the port’s decarbonisation efforts. Should there be demand, this vessel can also be re-configured in future to supply methanol” said Mike Muller, head of Vitol Asia.

Related: Vitol targets Singapore for Asia biofuel growth with bunker barges arrival in 2024
Related: Vitol chooses ZeroNorth e-BDN solution in Singapore

 

Photo credit: Vitol
Published: 22 February, 2024

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Methanol

Auramarine, Yiu Lian Dockyards and Guangzhou Jihai ink deal for methanol DF systems

All parties signed a cooperation agreement to drive the implementation and uptake of methanol dual fuel systems as a viable and available new fuel to support the shipping industry.

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Auramarine, Yiu Lian Dockyards and Guangzhou Jihai ink deal for methanol DF systems

Auramarine, a provider of fuel supply systems for the marine, power and process industries, on Wednesday (21 February) said it has signed a cooperation agreement with Yiu Lian Dockyards (Shekou) Co., Ltd.  and Guangzhou Jihai Shipping Material Co. Ltd. to drive the implementation and uptake of methanol dual fuel systems as a viable and available new fuel to support the shipping industry in improving its sustainability and meeting decarbonisation targets.

Following the growth and opportunity of methanol as a future fuel, Auramarine will collaborate with Guangzhou Jihai to deliver an efficient, one-stop service to Yiu Lian Shipyard.  

This will include the integration of methanol supply units, bunker stations, deep well pumps, fuel tank instruments, PV valves, gas detection and leak detection, instrument air control systems, SS Links ESD systems, water glycol heat exchange, MFSS system debugging and training.

As Yiu Lian Shipyard’s prioritised provider of methanol fuel supply systems and related infrastructure, Auramarine will also provide technical support and collaboration.

John Bergman, CEO, Auramarine, said: “We are excited to embark on this tripartite cooperation with Yiu Lian Dockyards and Guangzhou Jihai to promote the development and adoption of methanol as a viable new fuel to comply with environmental regulations, reduce carbon emissions and meet industry decarbonisation targets.”

“This initiative underscores Auramarine’s commitment to collaborating with industry stakeholders to develop sustainable solutions in the maritime industry. Together, we aim to set new standards for green shipping, making a positive impact on the environment and the industry as a whole.”

Yiu Lian Shipyard is committed to researching various alternative energy supply systems, carbon reduction, and on-board emission reduction measures, and has rich experience in related renovation. As a representative of China’s shipbuilding industry, Yiu Lian Shipyard has become the preferred choice for a number of major shipowners’ methanol renovation projects.

As a leading trusted supplier, Guangzhou Jihai has worked in partnership with Yiu Lian Shipyard, providing efficient and effective services for many years.

 

Photo credit: Auramarine
Published: 22 February, 2024

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Methanol

Unifeeder Group to add methanol-capable container feeder duo to European network

Latest agreement is in partnership with German-based ship owning group Elbdeich Reederei and Norwegian shipowner MPC Container Ships, who are responsible for one vessel each.

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Unifeeder Group to add methanol-capable container feeder duo to European network

Unifeeder Group on Monday (19 February) said it successfully completed a long-term charter agreement for two additional methanol-capable container feeder vessels. 

This follows the agreement for two initial vessels announced in October 2023. 

The latest agreement is in partnership with German-based ship owning group Elbdeich Reederei and Norwegian shipowner MPC Container Ships (MPCC), who are responsible for one vessel each. The 1,250 twenty-foot equivalent unit (TEU) vessels, scheduled for delivery in 2026, will be deployed on Unifeeder’s European network.

The addition of these new vessels reinforces the group’s ongoing efforts to reduce emissions across its network. Simultaneously, Unifeeder is enhancing fuel efficiency throughout the fleet while increasing the utilisation of bio bunker fuels in its conventional vessels.

In alignment with its parent company, DP World, Unifeeder collaborates with industry partners to address the challenge of renewable methanol supply. This requires off-take commitments to establish production at the scale needed to replace conventional fossil fuels within the industry.

Jesper Kristensen, Group CEO of Unifeeder Group, said: “Building upon our commitment to methanol-powered vessels last year, this marks another significant stride towards the green transformation of our fleet and operations.”

“We anticipate the vessels to enter into operation in the next two years, advancing our steadfast commitment to sustainable solutions. We offer our customers alternatives that align with their sustainability journeys while making meaningful progress towards our own ambitious decarbonisation goals.”

The investment in the two new additional ships further supports Unifeeder Group’s decarbonisation plan. Surpassing the industry average, Unifeeder has committed to a 25% reduction of emissions by 2030 and to reach net-zero by 2050 with no new fossil greenhouse gas emissions. 

It aims to achieve this by emphasising fuel-efficient practices, regular maintenance and refitting processes of the existing fleet and fostering a culture of learning and collaboration, sharing best practices across markets to drive effective carbon reduction strategies.

Related: Unifeeder inks time-charter deal for up to four methanol powered vessels

 

Photo credit: Unifeeder Group
Published: 20 February, 2024

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