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."

Bunker Holding logo. Bunker Holding seeks student assistant for IT governance and contract team  

Danish marine fuel supplier recruits part-time student for IT governance role in Middelfart.
Maya Cosulich vessel at the Port of Ceuta during welcome ceremony. Vilma Oil Med deploys methanol-capable bunker tanker at Ceuta  

Maya Cosulich can carry methanol and biofuels, features dual-fuel capability and mass flow meter technology.
Claudene Sharp-Patel, Lloyd's Register. Anemoi Marine Technologies appoints Lloyd’s Register technical director to oversight committee  

Claudene Sharp-Patel brings maritime operational expertise to guide wind-assisted propulsion development.
Yanmar hydrogen engine test facility render. Yanmar to build hydrogen engine test facility in Japan by 2029  

Japanese engine manufacturer acquires land for new factory to develop next-generation marine fuel technologies.
M/T Aristotelis II vessel. Capital Ship Management takes delivery of LNG-ready VLCC from Chinese yard  

The 307,000-dwt Aristotelis II features energy-saving devices and scrubber technology.
Anthi S Tsigkou, Flex Commodities. FLEX Commodities appoints Anthi Tsigkou as general counsel  

Dubai-based trader brings in maritime law specialist with more than 15 years of industry experience.
RINA logo. RINA releases white paper on low-carbon fuels for maritime and aviation decarbonisation  

Classification society examines biofuels, hydrogen and e-fuels as regulatory frameworks accelerate compliance timelines.
Rob Mortimer, CEO of FuelRe4m. Fuelre4m fuel treatment achieves 8.7% consumption cut in Voyage Marine engine trial  

Re4mx Diesel product also delivered 5% bollard pull increase in 12-hour test on twin-engine vessel.
LPC and Gram Marine launch operations in Argentina graphic. Gram Marine delivers first marine lubricants in San Lorenzo  

Operation follows recent strategic partnerships with LPC and Servi Río.
Halten Bulk wind-assisted vessel render. Halten Bulk orders wind-assisted bulk carriers with rotor sails from Chinese yard  

Norwegian operator contracts two vessels with options for two more at SOHO Marine.

↑  Back to Top


 Recommended