Methanol Institute: Innovations and partnerships propel maritime sustainability (Week 25, 17 to 23 June 2024)
- Published
by Admin
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:
Shipboard storage capacity for methanol could be increased by up to 85% according to developments shared by Green Marine and SRC, providing a major boost to the potential for adoption by a greater number of vessel types. With orders announced for coastal ferry capacity in Japan, the types of vessels moving to methanol continues to grow as more operators seek to reduce their emissions.
Methanol marine fuel related developments for Week 25 of 2024:
Methanol ‘Superstorage’ Concept Gains Collaborative Support
Date: June 19, 2024
Key Points:
Marine engineering firm SRC and Green Marine have partnered to develop a methanol ‘superstorage’ solution, which aims to increase shipboard tank volumes by 85% using innovative technology. This approach addresses methanol’s lower energy density, enhancing its viability as a marine fuel. Green Marine’s COO highlighted the market’s positive reception to this concept, which supports the broader adoption of methanol as a mainstream marine fuel, contributing to significant reductions in greenhouse gas emissions.
Mitsubishi to Construct Two Methanol Dual-Fuel Ro-Ro Vessels
Date: June 19, 2024
Key Points:
Mitsubishi Shipbuilding has secured an order to construct two methanol dual-fuel roll-on/roll-off (Ro-Ro) vessels for Toyofuji Shipping and Fukuju Shipping, set for delivery in 2027. These vessels will utilize both methanol and heavy fuel oil, featuring energy-saving technologies that reduce CO2 emissions by 10% compared to conventional ships. This marks the first construction of methanol-fueled coastal vessels for Japan, highlighting a significant step towards sustainable maritime operations.
Two Additional Methanol-Fueled Maersk Boxships to Begin Operations This Summer
Date: June 21, 2024
Key Points: AP Moller-Maersk will add two more methanol-fueled container ships to its fleet this summer, with naming ceremonies scheduled in Denmark and the US in August. These vessels support Maersk’s commitment to sustainable shipping and methanol as a bunker fuel. CEO Vincent Clerc emphasized the need for a global maritime fuel standard to accelerate the energy transition. Maersk has pledged to order only vessels capable of running on zero-carbon fuels, reinforcing its leadership in green shipping initiatives.
Photo credit: Methanol Institute
Published: 28 June, 2024
