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Siemens Energy electrolyzer deal to support Maersk e-Methanol bunker fuel ambition

European Energy developing large-scale commercial e-Methanol production facility with hydrogen being provided by a Siemens Energy electrolyzer plant.
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Siemens Energy on Wednesday (2 March) said it has secured an order from European Energy for the delivery of an electrolyzer plant.

The Danish developer and operator of green energy projects is developing the world´s first large-scale commercial e-Methanol production facility with the hydrogen being provided by a 50 mega-watt (MW) electrolyzer plant by Siemens Energy.

The plan is that the plant will be built in Kassø, located west of Aabenraa in the South of Denmark, near the German border. Through the nearby 300 MW solar park of Kassø, developed by European Energy, the project will have access to the low-cost renewable electricity needed to produce cost-effective e-Fuel.

End users of the e-Methanol will be the shipping company Maersk and the fuel retailer Circle K among others.

The project secures the e-Methanol supply for Maersk`s first e-Methanol driven container vessel, and thus demarks the starting point into CO2-neutral shipping in large-scale. Start of commercial methanol production is planned for second half of 2023.

Siemens Energy will design, supply and commission the electrolysis system consisting of three full arrays of its latest and most powerful line of PEM (proton exchange membrane) electrolysis products including transformers, rectifiers, distributed control system (DCS) plus the equipment to produce demineralized water.

European Energy is the owner of the project and will be responsible for the engineering, procurement and construction, as well as for the operation of the facility.

Stefano Innocenzi, Senior Vice President of the New Energy Business at Siemens Energy, said: “Climate change requires urgent action. Together with our partner European Energy we are taking over a first mover’s role in decarbonizing the marine industry. With this project we will bring e-Methanol to market at scale. E-Methanol or derived e-Fuels are predestined for long-distance ship and road transportation as well as for aviation. The project will be proof of the successful commercialization and scaling of our PEM technology.”

Knud Erik Andersen, CEO of European Energy, said: “We are pleased to place this important order of what is believed to be the first large-scale commercial Power-to-X-project of its kind in the world. This is a crucial moment in the green transition as we move forward with the decarbonization of hard-to-abate sectors such as the shipping industry, and we trust that Siemens Energy outstanding know-how of electrolyzers will become a strong foundation to expand our business of delivering sustainable fuels to the world.”

The global shipping consumes around 3,050 terawatt hours (TWh) of the worldwide final energy consumption. For comparison: This is more than five times the total electricity consumption of Germany.

And as nearly all is based on fossil fuels, mainly bunker oil, the shipping sector emits about 1,000 million tons of CO2 per year, about 13% of the greenhouse gas emissions from global transport.

The International Maritime Organization (IMO) has already committed the shipping sector to halve greenhouse gas (GHG) emissions by 2050 (based on 2008 level) to meet Paris Agreement targets.

Measures are new logistics approaches, increased efficiency, speed/power reductions and – as the most effective pathway – the application of sustainable fuels, i.e. largely carbon-neutral electricity-based fuels (e-Fuels), for propulsion.

 

Photo credit: Siemens Energy
Published: 3 March, 2022

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Biofuel

GREENMARINE and Vertoro to accelerate adoption of lignin-alcohol as marine fuel

Like fossil oil, liquid lignin can be used as a platform for fuel, chemical and material applications.
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July 11, 2025

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Methanol marine fuels consultancy GREENMARINE and Vertoro, a Maersk-backed Dutch start-up focused on developing liquid lignin technology which can be used as a bunker fuel, has signed an agreement to jointly accelerate the market validation and commercial roll-out of lignin-alcohol as sustainable marine fuels.

“We at GREENMARINE Group are excited to join forces with Vertoro to bring their revolutionary lignin alcohol blend fuel to market,” said Fredrik Stubner, founder and CEO of GREENMARINE Group.

“This breakthrough technology redefines sustainable maritime fuels, delivering environmental benefits and cost efficiencies, paving the way for a greener, more competitive shipping industry.”

Dr. Michael Boot Boot, co-founder & co-CEO Vertoro, replied, “GREENMARINE Group has an excellent track record as a match maker for green fuel producers with engine manufacturers and shipping companies, opening many doors for us on both the fuel validation and offtake side.”

Vertoro, founded in 2017, produces liquid lignin exclusively from sustainably sourced forestry and agricultural residues by means of a patented thermochemical process. Like fossil oil, liquid lignin can be used as a platform for fuel, chemical and material applications.

Related: Maersk invests in Dutch start-up Vertoro to develop green lignin marine fuels

 

Photo credit: CHUTTERSNAP from Unsplash
Published: 11 July 2025

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Newbuilding

Singapore: Pinnacle Marine’s first B100 fuelled utility boat starts 1,000-hour research trial

Newbuilding operated by Prestige Ocean Pte Ltd will capture data on bunker fuel emissions, marine fuel behaviour, and performance.
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July 9, 2025

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The 50th vessel constructed by local boat builder Pinnacle Marine (Singapore) Pte Ltd, namely President 100, is starting 1,000 hours of real-time research trials in collaboration with several parties from Wednesday (9 July) onwards, it says.

Powered by B100 biodiesel, the newbuilding operated by Prestige Ocean Pte Ltd will capture data on bunker fuel emissions, marine fuel behaviour, and performance.

It will be participating in trials with Maritime Energy & Sustainable Development Centre of Excellence (MESD), Weichai Singapore, China Classification Society, Pacific International Lines (PTE) Ltd, Abo Shoten, Ltd. / 株式会社安保商店 , Abo Singapore, Wilmar International, Gulf Marine, Amspec Testing & Services, and AYK Engineering and Consulting.

President MT 02

The President 100, Pinnacle Marine’s first full biodiesel utility boat, was launched on Tuesday in the presence of over 100 guests.

“Our latest vessel, President 100, merges legacy and future. Named after our first aluminium boat (“President”) and inspired by B100 biodiesel, it leads the charge for our next 50 vessels — many of which will embrace green technology,” stated Pinnacle Marine in a LinkedIn post.

“The launch was amazing, with strong turnout from across the maritime sector — authorities, shipowners, operators, agencies, chandlers, researchers, offshore engineers, and petrochemical suppliers.”

It added: “We’re excited to see how it paves the way for wider adoption of B100 biodiesel — a cleaner, sustainable path for Singapore’s harbour craft sector.”

 

Photo credit: Pinnacle Marine (Singapore) Pte Ltd
Published: 9 July 2025

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Newbuilding

BHP awards charter contracts for two ammonia dual-fuelled bulk carriers

BHP continues to work with the maritime industry to develop an ammonia bunkering plan for the two vessels when they are delivered from 2028.

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5 days ago

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July 9, 2025

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BHP ammonia DF charters

Global resources company BHP on Wednesday (2 July) signed contracts with COSCO Shipping Bulk Co., Ltd., a subsidiary of COSCO shipping Group (COSCO Shipping) for the charter of two ammonia dual-fuelled Newcastlemax bulk carriers.

The new vessels to be built under this arrangement will be two of only a handful of vessels in the world capable of using ammonia as a bunker fuel.

The two vessels, expected to be delivered from 2028, will primarily transport iron ore from Western Australia to Northeast Asia.

When run on lower or low to zero greenhouse gas (GHG) emissions ammonia, these vessels will be capable of reducing GHG emissions by at least 50% and up to 95% on a per voyage basis compared to a conventionally fuelled voyage.

The five-year time charter contracts are expected to contribute towards a reduction in the GHG emissions intensity of BHP chartered shipping.

BHP continues to work with the maritime industry to develop an ammonia bunkering plan – the process of fuelling ships with ammonia – for the two vessels when they are delivered from 2028.

Sourcing lower and low to zero GHG emissions ammonia is subject to an ongoing tender process.

 

Photo credit: BHP
Published: 9 July 2025

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