In Paraguay, Agencia IP reported that a group of Austrian investors aim to invest $ 75 million in Paraguay, with a projection of $ 500 million, to install a green methanol plant for export to the European market. According to the report, the goal is to produce 1,500,000 liters of methanol. According to the planning, […]
In Germany, Hamburg-based energy company Mabanaft has signed a Memorandum of Understanding (MoU) with TUI Cruises to supply green methanol in the future. The cooperation between Mabanaft and TUI Cruises kicks off with a methanol delivery for the Mein Schiff 7. Over the next few years, TUI Cruises intends to add further dual-fuel methanol-ready cruise […]
In Japan, A.P. Moller-Maersk announced that the company has signed a Memorandum of Understanding (MoU) with the City of Yokohama and Mitsubishi Gas Chemical (MGC). This collaborative agreement will focus on the development of green methanol bunkering infrastructure in Yokohama as Maersk’s 16,000 TEU green methanol-powered container vessels will be delivered since 2024. Maersk has […]
In China, Xinde Marine News reported that Shanghai International Port Co., Ltd. (SIPG) and Evergreen Marine Corp. signed a Memorandum of Understanding on green methanol fuel supply to ships in the Port of Shanghai. According to the agreement, SIPG will provide green methanol procurement, supply and refueling services for Evergreen’s dual-fuel methanol ships which will […]
In China, I Marine reported that Bureau Veritas (BV) issued an Approval-in-Principle (AIP) to Wison Offshore & Marine’s Floating Green Methanol Plant (FGMP) solution. The report highlighted that the recognition is a required step for the commercialization and industrialization of this technology. Wison Offshore & Marine’s Floating Green Methanol Plant is a floating plant that […]
In Chile, BNamericas reported that the planning for the $2.2bn Pacífico Mexinol facility that will produce net-zero emissions methanol in Topolobampo, in Mexico’s Sinaloa state, is advancing faster than expected. The report noted that environmental ministry Semarnat approved construction of the country’s first green methanol project under one condition, following the US ambassador to Mexico […]
In the Netherlands, OCI Global and X-Press Feeders have announced that OCI Hyfuels will supply X-Press Feeders with green methanol in the Port of Rotterdam from 2024. The milestone agreement is the first green methanol deal with a feeder container carrier and represents a crucial step in the decarbonization of the shipping chain, as the […]
In Denmark, Maersk signed a landmark green methanol offtake agreement with Chinese developer Goldwind, a global leader in clean energy, that reaches into the next decade and marks the first large scale green methanol offtake agreement for the global shipping industry. The agreement significantly de-risking its low-emission operations in this decade. The commercially viable long-term […]
