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: 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."

Aurelia NGX 40 launching graphic. Lubmarine launches dual fuel engine oil for gas operations  

TotalEnergies unit claims product enables extended service life and reduced maintenance costs.
Side view of a cargo vessel. DNV clarifies FuelEU Maritime flexibility mechanisms ahead of first reporting deadline  

Classification society explains banking, borrowing, and pooling options for vessel compliance balances.
Kinetics and Amogy partnership agreement. Kinetics invests in Amogy to deploy ammonia power for floating infrastructure  

London-based Kinetics backs ammonia-to-power firm to develop zero-emission solutions for Powerships and data centres.
Maria Skipper Schwenn, Danish Chamber of Commerce. Maria Skipper Schwenn steps down from IBIA board  

Danish Chamber of Commerce role prompts departure after eight months on association's global board.
Corvus Energy Blue Whale NxtGen battery system. Corvus Energy unveils LFP battery system for marine applications  

Battery supplier targets lower lifecycle costs and 15-year lifespan with Blue Whale NxtGen.
Norwegian Viva vessel. Norwegian Viva receives waste-based biofuel in Piraeus through World Fuel-EKO collaboration  

World Fuel Services coordinates delivery as Norwegian Cruise Line Holdings extends biofuel programme.
Golden Sirius vessel. Golden Island delivers B100 biofuel to Maersk vessels in Singapore  

Golden Island completes two UCOME biofuel deliveries to containerships in October and November.
Beijing Maersk at Tema Port. Beijing Maersk becomes largest vessel to call at Ghana's Tema Port  

Maersk's dual-fuel methanol ship highlights West Africa's transshipment potential and decarbonisation efforts.
Saudi Arabia flag. Saudi Arabia bans open-loop scrubber use with HSFO at its ports  

Ships must switch to compliant fuel or closed-loop systems, GAC advises.
IMO Technical Seminar on Marine Biofuels graphic. IMO to host technical seminar on marine biofuels in February 2026  

International Maritime Organization opens speaker nominations for London event focused on low-GHG fuel adoption.

↑  Back to Top


 Recommended