Methanol

Tsuneishi Shipbuilding completes first block loading of methanol-fuelled newbuildings

Company completed the first block loading of its first 5,900TEU methanol-fuelled containership and its first methanol dual-fuelled Kamsarmax bulk carrier in China and Philippines respectively.

Published

4 weeks ago

April 23, 2025

Admin

Tsuneishi Shipbuilding completes first block loading of methanol-fuelled newbuildings

Tsuneishi Shipbuilding on Tuesday (22 April) said its shipyard in China successfully completed the first block loading for its first 5,900TEU methanol-fuelled containership, which is the largest of this ship type built by the company, on 16 April.

In addition to the enhanced hull form and MT-FAST, the company’s innovative energy-saving technology, the integration of a large-capacity shaft generator has enabled this dual-fuel vessel to achieve both optimal loading performance and exceptional fuel economy when compared with fuel oil vessels in the same segment.

MT-FAST is an energy-saving device that improves propulsion efficiency by approximately 4% by regulating water flow through the installation of multiple fins in front of the propeller. It was developed jointly with MTI of the NYK Group.

The vessel has been developed based on the concept of a final solution for the zero CO₂ emission vessel through the use of green methanol. Therefore, not only the main engine but also all on-board generators, HiMSEN engine which will be supplied by HD Hyundai, can be methanol-fuelled.

This makes it possible to achieve carbon neutrality with the exception of a small amount of pilot fuel. Furthermore, the vessel is equipped with the necessary infrastructure to receive large-capacity alternative maritime power supplies.

“In addition, the generators can be deactivated during anchorage, thereby achieving zero CO₂ emissions. We will continue to promote the further practical application of methanol-fuelled vessels with the aim of achieving carbon neutrality in the future,” the company said.

Tsuneishi Shipbuilding completes first block loading of methanol-fuelled newbuildings

Additionally, the Japan-based shipbuilder said its yard in the Philippines has successfully completed the first block loading for its first methanol dual-fuelled Kamsarmax bulk carrier on 21 April at THI Slipway No.2 .

The vessel is scheduled to be launched in July 2025 and delivered in January 2026.

It is the first methanol-fuelled vessel in the Kamsarmax series, a long-standing series of vessels built by Tsuneishi Shipbuilding, which reached the 400-vessel milestone in July 2024.

By using methanol for propulsion, Tsuneishi Shipbuilding said the vessel reduces carbon dioxide emissions by 10%, nitrogen oxide emissions by 80% and sulphur oxide emissions by 99% during voyages compared to conventional models.

Photo credit: Tsuneishi Shipbuilding
Published: 23 April, 2025

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Methanol

European Commission clears acquisition of OCI methanol business by Methanex

Commission concluded that the notified transaction would not raise competition concerns, given its limited impact on competition in the markets where the companies are active.

Published

4 days ago

May 16, 2025

Admin

European Commission clears acquisition of OCI methanol business by Methanex

The European Commission on Wednesday (14 May) said it has approved, under the EU Merger Regulation, the acquisition of sole control of the global methanol business of Netherlands-based OCI Global by Canada’s Methanex Corporation.

EC said the transaction relates primarily to the market for the production and supply of methanol.

“The Commission concluded that the notified transaction would not raise competition concerns, given its limited impact on competition in the markets where the companies are active,” it said.

“In particular, the Commission examined the effects of the transaction on the supply of methanol in the European Economic Area (EEA).”

The EC found that the transaction does not raise concerns given the fragmented nature of this market in the EEA, and the existence of several alternative providers to which customers could switch following the transaction.

“The notified transaction was examined under the normal merger review procedure,” it added.

Manifold Times previously reported Methanex entering a definitive agreement to acquire OCI’s international methanol business for USD 2.05 billion.

The transaction includes OCI’s interest in two world-scale methanol facilities in Beaumont, Texas, one of which also produces ammonia. The transaction also includes a low-carbon methanol production and marketing business and a currently idled methanol facility in the Netherlands.

In 2023, Maersk signed a deal with OCI on the delivery of green bio-methanol for the maiden journey of its first methanol-enabled container vessel.

Note: More information is available on the EC’s competition website, in the public case register under the case number M.11812.

Photo credit: OCI Global
Published: 16 May, 2025

Newbuilding

Tsuneishi delivers world’s first methanol dual-fuel Ultramax bulker to NYK

“Green Future” was delivered at Tsuneishi factory on 13 May and will be chartered by NYK Bulk & Projects Carriers, an NYK Group company, from Kambara Kisen.

Published

5 days ago

May 15, 2025

Admin

Tsuneishi delivers world’s first methanol dual-fuel Ultramax bulker to NYK

Tsuneishi Shipbuilding on Wednesday (14 May) said it has delivered the world’s first methanol dual-fuel Ultramax bulk carrier, Green Future.

The 65,700 dwt vessel was delivered at its factory on 13 May and will be chartered by NYK Bulk & Projects Carriers, an NYK Group company, from Kambara Kisen.

Tsuneishi Shipbuilding said the vessel maintains the high cargo capacity and fuel efficiency characteristic of the TESS66 Aeroline design series, while enabling more sustainable operations through the use of methanol as a fuel.

The methanol fuel tank has been positioned to maximise safety and facilitate smooth cargo handling while maintaining loading efficiency. It is also equipped with a fuel-efficient main engine and Tsuneishi’s proprietary Aeroline technology to reduce wind resistance, delivering superior fuel performance.

Mr Okumura Sachio, Representative Director, President & Executive Officer of Tsuneishi Shipbuilding, said: “This delivery marks just the beginning. We will continue constructing methanol dual-fuelled vessels at our overseas facilities and remain steadfast in our pursuit of technological innovation to contribute to a more sustainable maritime industry and global environment.”

NYK said the vessel is the first bulk carrier in the NYK Group to be equipped with a dual-fuel engine that uses methanol and fuel oil.

Vessel Particulars

LOA: 199.99 m
Breadth: 32.25 m
Depth: 19.15 m
Deadweight: approx. 65,700 metric tonnes
Capacity: approx. 81,500 m3
Draft: 13.8 m

Photo credit: Tsuneishi Shipbuilding
Published: 15 May, 2025

Events

Green Shiptech China Congress to explore alternative bunker fuels and ship technologies

LNG, methanol and ammonia as well as fuel cell integration will be among key issues discussed at the annual conference which will be held on 25 to 26 September in Shanghai.

Published

5 days ago

May 15, 2025

Admin

Ridge China on Wednesday (14 May) announced it will be hosting the 14th Green Shiptech China Congress (GSCC), an annual conference which will be held on 25 to 26 September in Shanghai.

More than 4,400 experts and decision makers from governments, classification societies, shipowners, shipyards, research institutes, technology/equipment suppliers and consulting companies attended the previous GSCC from 2012 to 2024.

For 2025, over 400 industry experts, corporate decision makers and government officials will be engaged in comprehensive discussions on current issues of IMO, EU, USCG, China MSA’s policies and regulations, designs and standards for new ship models, innovative and sustainable green ship technologies at this annual conference.

Alternative bunker fuels such as LNG, methanol and ammonia as well as fuel cell integration will be part of the important issues discussed at the event.

Speakers will be from

IMO
European Commission
U.S. Coast Guard
China MSA
Financial Institutions
Maritime Research Institutes
Solution & Technology Providers
Shipowners
Shipyards
Classification Societies

Key topics

Policies and Regulations Update and Interpretate by IMO, European Commission, U.S. Coast Guard and China MSA
Retrofitting Vessels to Achieve Decarbonization Goals
Energy Efficiency Continues to Be Key for Decarbonization
Decarbonization Through Digitalization
Digital Technologies As a Key Enabler for Emissions Reduction
Impact of a Hull Coating Upgrade on Hull Efficiency
LNG As Marine Fuel: Pivoting Towards Cleaner Shipping
Methanol As a Marine Fuel
Ammonia’s Credentials As a Green Fuel
Wind Propulsion Technology
Fuel Cell Integration: Upcoming Challenges and Opportunity
Propelling Carbon-neutral Shipping with Green Engines and Alternative Fuels
Next-generation Electric and Hybrid Marine Propulsion Technologies and Components
Latest Developments in Energy Storage Systems

Interested parties may contact:

Mr. Quin Xu
Tel: +86 21 6607 8610 -8003
Mob: +86 13564222811
Email: [email protected]

Note: The English and Chinese version of the event website can be found here and here respectively while the event registration can be found here.

Photo credit: Ridge China
Published: 15 May, 2025