Connect with us

Alternative Fuels

Ørsted assumes full ownership of e-methanol bunker fuel production plant FlagshipONE

Ørsted’s Board of Directors has taken final investment decision (FID) on the 50,000 tonnes/year FlagshipONE e-methanol project; FlagshipONE is expected to be operational in 2025.

Admin

Published

on

211

Danish multinational power company Ørsted’s Board of Directors has taken final investment decision (FID) on the 50,000 tonnes/year FlagshipONE e-methanol project, according to the firm on Tuesday (20 December).

FlagshipONE will be Ørsted’s first commercial-scale Power-to-X facility and is an important stepping stone towards Ørsted’s ambition of taking a leading position in renewable hydrogen and green fuels. Reinforcing the commitment to the FID, Ørsted has taken full ownership of FlagshipONE by acquiring the remaining 55 % stake in the project from Liquid Wind AB, the original developer of the project.

Located in Örnsköldsvik in Northern Sweden, FlagshipONE is Europe’s largest FID’ed green e-methanol facility. FlagshipONE is expected to enter into operation in 2025 and will produce around 50,000 tonnes of e-methanol each year to help decarbonise the world’s shipping industry.

Global shipping accounts for around 3% of global carbon emissions, and the sector is a focus area for Ørsted as the company expands its presence in Power-to-X across Northern Europe and the United States. FlagshipONE is the first e-methanol project in Ørsted’s ambitious green fuels pipeline; the company is also developing the 300,000 tonne ‘Project Star’ in the US Gulf Coast area and the ‘Green Fuels for Denmark’ project in Copenhagen, which will both produce significant volumes of e-methanol to enable the decarbonisation of shipping.

Mads Nipper, Group President and CEO of Ørsted, said: “Now more than ever, the world needs bold green energy projects to fight climate change, decarbonise hard-to-electrify sectors, and secure regional energy independence. Ørsted is determined to lead the green transformation of society, and that’s exactly what we’re doing by constructing projects like FlagshipONE.  E-methanol is the best solution currently available to decarbonise hard-to-electrify sectors like global shipping, and with this first commercial-scale project, Ørsted will break first ground in advancing our industry-leading pipeline of e-methanol projects.”

Olivia Breese, CEO of Ørsted Power-to-X, said: “The final investment decision on FlagshipONE proves our intention to take proactive investment decisions in order to drive the rapid maturation of the Power-to-X market beyond ambitions and announcements and into the delivery of molecules to abate well-to-wake emissions.”

“Our first offshore wind projects came with significant risk, but we saw a route to leveraging our capabilities to deliver that technology as a cornerstone in the green transformation. Today, Power-to-X is at a similar inflection point - and at Ørsted, we’re once again ready to assume risk and lead the maturation of this crucial technology. However, the Power-to-X industry urgently needs supportive frameworks that enable the transition away from fossil fuels, and we call on policymakers to take action to match the climate ambitions of developers and shipping companies.”

Ørsted will start onsite construction of FlagshipONE in the spring of 2023. The project will be located on the grounds of the biomass-fired combined heat and power plant Hörneborgsverket in Örnsköldsvik, operated by Övik Energi. The e-methanol from FlagshipONE will be produced using renewable electricity and biogenic carbon dioxide captured from Hörneborgsverket. In addition, FlagshipONE will use steam, process water, and cooling water from Hörneborgsverket. Excess heat from the e-methanol production process will be delivered back to Övik Energi and integrated in their district heating supply.

Related: Ørsted and ESVAGT order world’s first e-methanol powered service operation vessel
Related: Study: eMethanol well-to-wake CO2 emissions 94% lower when compared to fossil marine fuels
Related: Sweden: FlagshipONE applies environmental permit for e-methanol bunker fuel production plant

 

Photo credit: Ørsted
Published: 22 December, 2022

Continue Reading

Bunker Fuel

SMW 2024: Singapore is preparing port for multi-fuel future, says Transport Minister.

‘Our industry has brought in new bunker tankers capable of bunkering higher blends of biofuel and methanol, paving the way for greater emissions reduction for vessels,’ says Chee Hong Tat.

Admin

Published

on

By

SMW 2024: Singapore is preparing port for a multi-fuel future, says Transport Minister.

Singapore has moved decisively to ensure energy and fuel resilience as international shipping looks to alternative fuels to meet global decarbonisation targets, said Singapore’s Minister for Transport Mr Chee Hong Tat on Monday (15 April).

In his speech at the Singapore Maritime Week (SMW) 2024 opening ceremony, he said Singapore is preparing its port for a multi-fuel future.

“Our industry has brought in new bunker tankers capable of bunkering higher blends of biofuel and methanol, paving the way for greater emissions reduction for vessels,” he said.

“MPA has also issued Expressions of Interest (EOI) for the alternative fuels ammonia and methanol over this past year.

“For our ammonia EOI, we have shortlisted six consortiums, and are studying their comprehensive proposals for the supply of ammonia for bunkering and power generation in Singapore.”

Chee added reliability and resilience also mean that Singapore upholds the highest standards for safety, efficiency, and quality. 

“Enterprise Singapore, through the Singapore Standards Council, has been working closely with industry partners to introduce national standards to support the digitalisation of bunkering supply chain documentation, as well as on methanol and ammonia bunkering.”

“As a major maritime and bunkering hub, Singapore is committed to continue serving as a trusted node for international shipping.”

Chee said this when elaborating on Singapore’s focus to grow the republic as a hub for reliable and resilient maritime operations, one of three important areas the republic will prioritise on growing its maritime sector. 

The other two areas are to grow Maritime Singapore as a hub for maritime innovation and as a hub for maritime talent development.

“Looking ahead, we expect some turbulence along the way, but we are confident that the global maritime industry will continue to grow,” Chee said.

“And Singapore as a hub port and International Maritime Centre can benefit from this growth and the opportunities it brings, including in emerging areas like digitalisation and decarbonisation.”

However, Chee warned Singapore shouldn’t take its success for granted and to continue improving productivity and competitiveness while staying relevant to changing requirements to be able to meet the needs of local and international stakeholders. 

“But we must not rest on our laurels, or make the mistake of thinking that these positive outcomes will happen on auto-pilot. A rising tide can indeed lift all boats, but the boat and its crew can only benefit if they are well-prepared when the water level rises,” he said.

Related: SMW2024: 18th Singapore Maritime Week opens with ‘Actions meet Ambition’ theme
Related: SMW 2024: MPA to set up facility for maritime workforce to train in handling new bunker fuels
Related: SMW 2024: Singapore-Rotterdam Green and Digital Shipping Corridor partners to implement first-mover pilot projects
RelatedSMW 2023: EOI for ammonia power generation and bunkering closing by 30 April
Related: Singapore gets its first dedicated methanol bunkering tanker “MT MAPLE”
Related: Singapore: Vitol Bunkers takes delivery of specialised biofuel bunker barge “Marine Future”

 

Photo credit: Maritime and Port Authority of Singapore
Published: 16 April 2024

Continue Reading

Biofuel

Banle Energy arranges B24 bunkering services for “YM Utility” in Yantian

Transaction supports the first B24 biofuel supply in Shenzhen and Yang Ming’s inaugural B24 biofuel bunkering supply in China, says firm.

Admin

Published

on

By

Banle Energy arranges B24 bunkering services for “YM Utility” in Yantian

Banle Energy International Limited, a subsidiary of CBL International Limited, on Monday (15 April) announced the arrangement of B24 biofuel bunkering services for Yang Ming's vessel YM Utility at a port in Yantian, Shenzhen on 14 April.

“By providing Yang Ming with our B24 biofuel bunkering services, this transaction supports the first B24 biofuel supply in Shenzhen and Yang Ming's inaugural B24 biofuel bunkering supply in China,” the firm in a social media post. 

“As a company actively promoting the use of biofuels, we are making a significant contribution to the International Maritime Organization's (IMO) goal of reducing greenhouse gas emissions (GHG) from international shipping.”

“The B24 biofuel blend, as indicated by a study, is projected to reduce approximately 20% of Greenhouse Gas (GHG) emissions when compared with conventional fuel oil.”

As the firm focuses on expanding its operations in Europe, the firm added it will continue to forge strategic partnerships and explore new opportunities to provide efficient and reliable solutions.

 

Photo credit: Banle Energy International Limited
Published: 16 April 2024

Continue Reading

Methanol

Singapore bunker tanker to be equipped with MAN ES DF gensets

MAN Energy Solutions received an order for three MAN 6L21/31DF-M (Dual Fuel-Methanol) GenSets capable of running on methanol for a 7,990 dwt IMO Type II chemical bunker tanker.

Admin

Published

on

By

Singapore bunker tanker to be equipped with MAN ES DF gensets

MAN Energy Solutions (MAN ES) on Monday (15 April) said it has received an order for three MAN 6L21/31DF-M (Dual Fuel-Methanol) GenSets capable of running on methanol in connection with the construction of a 7,990 dwt IMO Type II chemical bunker tanker.

The newbuild will operate at the port of Singapore under charter to deliver marine fuels. The port itself is reported as laying plans for the steady supply of methanol from 2025 onwards in order to meet future, anticipated bunkering requirements for methanol-fuelled vessels. 

The dual-fuel engines will form part of a diesel-electric propulsion system on board the vessel with electrical motors driving twin fixed-pitch propellers via gearboxes; an onboard battery-storage system will optimise the use of the dual-fuelled generators. 

MAN Energy Solutions’ licensee, CMP – an engine-manufacturing division of Chinese State Shipbuilding Corporation (CSSC) – will build the engines in China and the vessel is scheduled for delivery during Q4, 2025.

Bjarne Foldager – Country Manager, Denmark – MAN Energy Solutions, said: “Seeing our trusted MAN L21/31 GenSets go into these ships as a methanol-fuelled version shows that maritime decarbonisation is a prominent consideration for shipowners in all vessel segments and sizes.”

“It also clearly illustrates, regardless of the market one serves as shipowner, that our broad, dual-fuel portfolio enables everyone to take part in the green transition.”

Thomas S. Hansen – Head of Sales and Promotion – MAN Energy Solutions, said: “The MAN L21/31 engine is well-established in the market having racked up some 2,750 sales.”

“The reliability of its cost-effective, port fuel-injection concept now prominently positions the 21/31DF-M as the preferred, medium-speed, small-bore engine for GenSet and diesel-electric propulsion solutions, while also meeting market demands to balance both CAPEX and OPEX.”

“With the shipping market currently experiencing an increased interest in methanol as marine fuel, and orders for methanol-fuelled ships steadily growing as part of many companies’ decarbonisation strategy, we feel that the introduction of this dual-fuel engine is timely.”

 

Photo credit: MAN Energy Solutions
Published: 16 April 2024

Continue Reading
Advertisement
  • EMF banner 400x330 slogan
  • Aderco advert 400x330 1
  • RE 05 Lighthouse GIF
  • Consort advertisement v2
  • SBF2
  • v4Helmsman Gif Banner 01

OUR INDUSTRY PARTNERS

  • 102Meth Logo GIF copy
  • Singfar advertisement final
  • HL 2022 adv v1
  • Triton Bunkering advertisement v2


  • E Marine logo
  • intrasea
  • Auramarine 01
  • Energe Logo
  • CNC Logo Rev Manifold Times
  • endress
  • Uni Fuels logo advertisement white background
  • Cathay Marine Fuel Oil Trading logo
  • Central Star logo
  • Golden Island logo square
  • Headway Manifold
  • 400x330 v2 copy
  • VPS 2021 advertisement
  • Advert Shipping Manifold resized1

Trending