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 
Meera naming ceremony. Naming ceremony held for LPG dual-fuel ammonia carrier  

VLAC Meera named during event held in China on 10 July.
IMO Council 137th session IMO adopts Singapore-led resolution on protection of shipping lanes  

Thirty co-sponsors back a resolution reaffirming navigational rights under international law.
TT-Line Green Ship 2.0 illustration. TT-Line orders second LNG-hybrid battery ferry for Baltic Sea operations  

German ferry operator doubles down on LNG-hybrid technology with a second next-generation newbuild.
CMA CGM Notre Dame and Gas Agility ship-to-ship (STS) bunkering operation. CMA CGM Notre Dame receives first European bio-LNG bunkering during Rotterdam maiden call  

LNG-powered container ship takes on bio-LNG derived from agricultural waste.
Carnival Destiny steel-cutting ceremony. Fincantieri marks 30 years with Carnival as steel cutting begins for new LNG-powered Carnival Destiny  

Italian shipbuilder Fincantieri has begun construction of the first of three new Ace-class ships for Carnival Cruise Line.
Svitzer Thames vessel. DP World and Svitzer bunker first HVO-fuelled harbour tug at London Gateway  

Carbon inset scheme expands as tug switches from marine diesel to HVO.
CM Shenzhen and Da Qing 268 ship-to-ship (STS) bunkering operation. Venture Energy and Sinopec HK complete 'Hong Kong’s largest ever green bunkering'  

Delivery of 1,000 tonnes of methanol to ro-ro vessel hailed as new record for Hong Kong.
Soo Yong Koo, Seascale Energy. Seascale Energy appoints Soo Yong Koo as business development director  

Industry veteran hired to drive customer growth in Asia and beyond.
Arctic Tern vessel. Wallenius Wilhelmsen takes delivery of first methanol-ready Shaper Class vessel  

The dual-fuel Arctic Tern will enter service on the Asia–Europe trade almost immediately.
Al Muraykh vessel. Hapag-Lloyd signs shore power agreement with Hamburg Port Authority  

Deal commits the carrier to using onshore power supply at all Hamburg terminals.

↑  Back to Top


 Recommended