The Methanol Institute, provides an exclusive weekly commentary on developments related to the adoption of methanol as a bunker fuel, including significant related events recorded during the week, for the readers of bunkering publication Manifold Times:
As orders continue to be placed for methanol dual fuel ships, more new tonnage is hitting the water to support efforts by vessel operators to reduce their carbon emissions and promote sustainable shipping practices. Behind the scenes, work continues on the technology that will drive broader take up of methanol as fuel, with engine platforms and fuel supply systems as well as new methods of e-methanol production.
Methanol marine fuel related developments for Week 21 of 2024:
Singapore's X-Press Feeders Receives Methanol Dual-Fuel Vessel
Date: May 20, 2024
Key Points: Singapore-based X-Press Feeders has received its first dual-fuel vessel built by Yangzijiang Shipbuilding Holdings. This vessel, capable of running on green methanol, marks a significant advance in sustainable shipping for the company. Departing from Shanghai to Rotterdam via Singapore, it will be part of Europe’s first feeder containership network powered by green methanol starting in Q3 2024. X-Press Feeders has 14 more dual-fuel vessels on order, set for delivery from 2024 to mid-2026, enhancing their fleet's capacity and sustainability efforts.
Headway and DMD Achieve Key Milestones for China's First Methanol Dual-Fuel Marine Engine
Date: May 27, 2024
Key Points: Dalian Marine Diesel (DMD) has achieved significant milestones in the development of China's first methanol dual-fuel marine main engine, completing tests on a methanol dual-fuel platform. The methanol fuel supply system, developed by Headway Technology Group, passed performance and safety tests. This marks a pivotal step in China's marine power equipment sector and highlights Headway's role in advancing low-carbon shipping solutions. Headway plans to continue collaborating with DMD and global partners to provide efficient alternative energy options for ships, promoting decarbonization and sustainable development in the shipping industry.
Alfa Laval Methanol Fuel Supply System Surpasses 100 Orders
Date: May 23, 2024
Key Points: Alfa Laval has surpassed 100 orders for its FCM Methanol low-flashpoint fuel supply system (LFSS), reflecting the growing adoption of methanol as a marine fuel. This milestone aligns with the increased newbuilding orders for methanol-capable vessels, which now total over 250 globally. Introduced in 2015, the success of FCM Methanol is attributed to partnerships with engine designers, shipyards, and shipowners. Alfa Laval continues to develop fuel treatment solutions to support the maritime industry's climate targets.
Ahti Pool: Alternative Fuels to Overtake Traditional Bunkers by 2040
Date: May 22, 2024
Key Points: Ahti CEO Risto Kariranta predicts that alternative fuels will surpass traditional bunkers by 2040, driven by FuelEU Maritime's incentives for low-carbon fuels. Methanol, as one of these alternatives, is expected to play a significant role due to its lower carbon intensity. Companies like AP Moller-Maersk, COSCO, Wallenius Wilhelmsen and Svitzer are investing in methanol-capable vessels, contributing to the shift towards alternative fuels. The study finds that one vessel operating in e-methanol using the pooling mechanism of FuelEU Maritime can make 75 HFO-fuelled vessels compliant.
MHI and NGK Collaborate to Develop Membrane Dehydration Systems for Cost-Effective E-Methanol Production
Date: May 24, 2024
Key Points: Mitsubishi Heavy Industries (MHI) and NGK Insulators have announced a collaboration to develop membrane dehydration systems aimed at reducing the production costs of e-methanol. This initiative is part of a broader effort to optimize the efficiency of manufacturing processes for e-methanol, a next-generation clean marine fuel. The project is expected to meet the rising demand for clean fuels and raw materials as the shipping industry moves towards decarbonization.
Methanol-Fuelled Tanker "Stena Prosperous" Officially Named in Singapore
Date: May 24, 2024
Key Points: Proman Stena Bulk's methanol-fuelled tanker, "Stena Prosperous," was officially named during a ceremony at the Marina Bay Cruise Centre in Singapore. The 49,900 DWT vessel will use a 20/80 blend of green and conventional methanol, offering 31% CO2e savings compared to voyages using VLSFO. This vessel is the last of six in the joint venture's fleet, all of which are now in commercial operation, highlighting methanol's role in reducing greenhouse gas emissions and promoting sustainable shipping practices.
Photo credit: The Methanol Institute
Published: 31 May, 2024