Methanol company IGP Methanol has been granted a title V Air Quality Permit by the Louisiana Department of Environmental Quality for their Gulf Coast Methanol facility, located in Plaquemines Parish, Louisiana.
The Gulf Coast Methanol Park will consist of four identical methanol Plants or "trains" each producing 1.8 million tons per year of methanol from natural gas, making it the world's largest permitted methanol production facility.
When complete, Gulf Coast Methanol will produce 7.2 million metric tonnes (mt) of methanol per year. Production is planned to begin in late 2020.
“We have invested years of work and very significant capital to design and engineer what we believe is the largest, and at the same time, the lowest-emission methanol plant in the world, per ton of production,” said managing director James S. Lamoureaux.
“Several US Fortune 500 companies are involved as supply partners to help develop this project. IGP has already selected technology and engineering providers, natural gas supply, gas transportation, oxygen and nitrogen supply, as well as storage and loading partners.”
According to Lamoureaux, methanol has “tremendous” potential as a drop-in fuel that can replace gasoline and diesel in transportation, and replace LPG, coal, wood, and kerosene in cooking fuel and industrial boilers. It can also replace diesel in railways and power generation.
“We believe methanol will be a transformative fuel in ocean freight as well, reducing emissions by 95% as opposed to bunker fuel,” he notes.
“In addition, methanol is also the only liquid carrier for hydrogen fuel cells, greatly reducing the costs and complexity of delivering and storing hydrogen for the hydrogen economy.”
Photo credit: IGP Methanol
Publication date: 10 January, 2018
Ocean Tankers has not guaranteed the debts of Hin Leong and intends to carry on its business as usual, says company CEO in a letter.
GTT to further assist on commissioning of the LNG tank, first LNG bunkering operations, as well as further specific LNG operations and maintenance of the vessels.
Firm signed contract with Dalian Shipbuilding Industry for delivery of single Rotor Sails onboard two newbuild wind-assisted CO₂ carriers commissioned by Northern Lights JV.
Daphne leverages innovative technology to remove toxic and GHG emissions such as nitrogen oxides, methane and carbon dioxide from the combustion gas of any bunker fuel.
The bank is allegedly releasing its front office staff, and all clients with transactions in Singapore will be managed by its Hong Kong office, reports Bloomberg.
Company representatives offer a frank view on issues and challenges the bunker trading house faced during the circuit breaker and how the period provided a catalyst for growth.
Transferred shares of 40 subsidiaries to BVI firm after tribunal awarded claims in favour of Trinity Seatrading; YSPL has also filed a civil complaint against DNV and Liberian ship registry at Nanjing Maritime Court.
ADNOC L&S, Gulf Energy Maritime, Cockett Marine Oil, Mideast/Bahri Ship Management and VPS experts present their views on biofuel bunker hurdles at the VPS Biofuels Seminar in Dubai on 16 March.
‘Bunker barges operate in very local areas so these vessels call at port very often which means it will be a good fit for women with families,’ states Elpi Petraki, President of WISTA International.
“Our Singapore branch is under preparation and is expected to start business at the republic before June 2023,” Managing Director Darcy Wong tells bunkering publication Manifold Times in an interview.
Development to supply B35 biodiesel blend officially takes effect on 1 February; local bunker suppliers will be able to deliver updated spec within March onwards, once current stocks of B30 avails run out.
VPS, Global Centre for Maritime Decarbonisation, Wilhelmsen Ship Management, and INTERTANKO executives offered a multitude of perspectives to 73 attendees during the VPS Biofuels Seminar, reports Manifold Times.
