Sign up
Log in Sign up
This is a legacy page. Please click here to view the latest version.
Fri 16 Mar 2018, 17:15 GMT

Plan to build methanol-fuelled ships for US-China project


Project involves construction of US methanol plants and feedstock transportation between Louisiana and northern China.

The methanol-powered tanker Mari Jone.
Image credit: Waterfront Shipping
IGP Methanol (IGP), China Cosco Shipping Energy Transportation and Jinguotou (Dalian) Development Co., Ltd (JGT) plan to discuss the feasibility of building methanol-powered ships for a new project involving the transportation of methanol between the US and China.

The three companies signed a 'Memorandum of Understanding on US Gulf Coast Methanol Project Cooperation' (MoU) in Shangai, where they agreed to cooperate on the construction of up to two methanol plants in IGP Methanol's Gulf Coast Methanol Park in Louisiana that would supply feedstock for Jinguotou's methanol-to-olefins (MTO) facility at the port of Jinzhou, China.

Each of the plants will have a capacity of 1.8 million tonnes of methanol per year.

IGP Methanol chairman James Lamoureaux, said: "IGP is pleased to begin this cooperation with internationally esteemed logistics company COSCO and JGT. The project will assure long-term stable and low-priced pure methanol for JGT's MTO projects as well as supply ultra-clean fuels to China, from abundant US natural gas resources."

Methanol   Newbuild   China  United States 
Seto Azure ship-to-ship (STS) LNG bunkering operation. Osaka Gas launches ship-to-ship LNG bunkering in Japan  

Japanese energy company now offers all three primary LNG fuel supply methods for vessels.
Gasum logo. Gasum converts to a public limited company to diversify financing options  

Finnish energy company changes legal structure from private to public limited liability company.
Legend of the Seas vessel. Meyer Turku secures Icon 6 and 7 cruise ship orders from Royal Caribbean  

Finnish shipyard to deliver two additional Icon Class vessels under framework agreement extending to 2036.
Ferry Propulsion Summit 2026. BC Ferries orders Everllence engines for four newbuild ferries  

Canadian operator selects 32/44CR engines for vessels designed to support future electric operations.
Steve Bee speaking at Marine Insurance Greece 2026 graphic. VPS executive to join panel on bunker fuel testing adequacy at Athens marine insurance event  

Steve Bee will discuss bunker testing standards with insurance and surveying experts in May.
Everllence 18V51/60 engine. Everllence completes first factory test of 18V51/60 engine running on B100 biofuel  

French facility tests 18,900 kW engine converted to run entirely on biofuel in Corsica.
Maritime industry representatives joining the MARINER project. Genevos secures €2.2m EU funding for 1 MW maritime hydrogen fuel cell development  

French company joins €7m MARINER project to develop and validate modular fuel cell systems.
Container ship at harbour. Skuld warns of unusual chemical compounds in Southeast Asian marine fuels  

Marine insurer reports fuels meeting ISO 8217 standards but containing high levels of hydrocarbon compounds.
Arsenio Dominguez, IMO. IMO chief urges progress on net-zero framework amid Hormuz crisis  

Arsenio Dominguez calls for constructive dialogue as MEPC 84 tackles greenhouse gas measures and ballast water regulations.
Monjasa Shaker vessel. Monjasa reflags UAE-based tankers to Emirates registry  

Marine fuels supplier transitions first of three vessels from Liberian to UAE flag.

↑  Back to Top


 Recommended