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 
Uni-Fuels Logo. Uni-Fuels appoints general manager for new Houston operation  

Experienced professional Robert Love aiming to expand the company’s presence in the United States.
Two people shaking hands with 'Join our team' text overlay. Sing Fuels hiring junior supply trader for Singapore operations  

Role aimed at candidates with one to two years of experience in marine fuels or the wider maritime industry.
Simaisma vessel. Exmar takes delivery of LNG carrier to serve the bunkering market  

Vessel to be convered into a floating transshipment unit for specialised LNG bunkering vessels to load fuel.
Svitzer Nobbys vessel render. Svitzer signs contract with India’s SDHI for four biofuel-ready TRAnsverse tugs  

Four 32-metre TRAnsverse 3200 tugs ordered from Gujarat-based shipbuilder.
Petrobras logo. Petrobras launches barge supply operations at the Port of Suape  

Supplier has begun VLSFO and LSMGO barge deliveries at the Brazilian port following receipt of final operational licences.
Forty-Two G vessel. Hagland Shipping takes B100-capable Damen CF 3850 on time charter from Reederei Gerdes  

Norwegian dry bulk operator adds short-sea vessel with the ability to operate on B100 biodiesel.
MSC Stella M X naming and delivery ceremony. Chinese shipyard delivers LNG dual-fuel container ship to MSC 301 days ahead of schedule  

Zhoushan Changhong sets new early-delivery record for its series of LNG dual-fuel boxships.
Valiant Lady connected to the shore power system. Portsmouth International Port makes first commercial shore power connection with cruise ship  

Virgin Voyages’ Valiant Lady plugs into Portsmouth International Port’s shore power system, with two ships connected simultaneously.
Philippos Ioulianou, EmissionLink. EmissionLink calls for fairer EU ETS expansion and greater reinvestment in maritime decarbonisation  

Emissions compliance specialist warns that broader coverage alone will not deliver practical decarbonisation.
Peninsula and Evos logo. Peninsula and Evos sign MoU to develop biofuel storage at Algeciras terminal  

Partnership aims to develop up to 60,000 cbm of dedicated biofuel storage capacity at the Strait of Gibraltar.

↑  Back to Top


 Recommended