METHANEX
METHANEX News
NYK Inks Charter Deal for Pair of Methanol-fueled Chem Tankers
NYK Bulkship (Asia) Pte. Ltd., an NYK Group company based in Singapore, signed a long-term time charter contract with Waterfront Shipping Company Limited (WFS) for two newly built chemical carriers, each equipped with a dual-fuel engine that enables the vessels to be powered not only by marine fuel oil but also methanol.Planned for delivery from the Hyundai Mipo Dockyard (Korea) in 2022, the vessels will be delivered to WFS…
IMO2020: 4 Tips to Using Methanol as Fuel
Lessons learned on designing, building & operating with methanol as fuel.Generally averse to technological risk, maritime professionals lean on lessons learned, when available, to make future decisions. According to Fredrik Stübner, Director Ship Management, Marinvest, his organization’s experience running ships on methanol can be instructive for others considering emission reductions technologies, and to this end he suggests:1.
IMO2020: Methanol Proves Promising
When the clock strikes midnight on December 31, 2019, the maritime world enters a bold new era of emission reduction. With its growing fleet of methanol fueled ship and more than 60,000 hours of operating experience under its belt, Waterfront Shipping Company has a five-year headstart.As a general rule, shipowners are remiss to share insights on their operations, lest their competitors catch wind and leverage the same technology and savings. The case of Waterfront Shipping Company Ltd.
Methanol-Fueled Chem Tanker Delivered to NYK
Nippon Yusen Kaisha (NYK Group) has taken delivery of Takaroa Sun, a methanol carrier equipped with two-stroke dual-fuel engine tech that allows the vessel to be powered by methanol. Built in South Korea at Hyundai MIPO Dockyard, the new ship was funded through NYK’s green financing initiative established to support environment-friendly projects.Takaroa Sun was built with the MAN Energy Solutions second…