Methanol-fueling pioneer Marinvest acquired by new JV
Clean Sea Transport has acquired 100% of the shares in Marinvest AB and its managed fleet of five modern dual-fuel methanol carriers and four LR1 ice class 1A product tankers. The methanol
Methanex
MOL takes stake in world’s largest operator of methanol-fueled vessels
Methanex Corporation (TSX:MX) (NASDAQ:MEOH) and Japan’s Mitsui O.S.K. Lines Ltd. have reached an agreement that will see MOL pay $145 million for a 40% minority interest in Methanex’s Waterfront Shipping subsidiary. Vancouver,
First barge-to-ship methanol bunkering
Advocates of methanol as a marine fuel argue that it offers much the same advantages as LNG, but with fewer complications. Helping to underscore this, the world’s first barge-to-ship bunkering of methanol
NYK to operate two more methanol-fueled chemical tankers
NYK Bulkship (Asia) Pte. Ltd., a Singapore based subsidiary of Japan’s NYK Group, has signed a long-term time charter contract with Waterfront Shipping Company Limited (WFS) for two newbuild chemical carriers. The
NYK gets green loan to finance methanol-fueled newbuild
DECEMBER 27, 2018 — Japan’s Nippon Yusen Kabushiki Kaisha (NYK) is to receive 2 billion yen (about $18 million) from Taiyo Life Insurance Company as a green loan to finance the building
Waterfront Shipping to charter four more methanol fueled newbuilds
FEBRUARY 14, 2018 — South Korean shipbuilder Hyundai Mipo Dockyard is to build four more methanol fueled ships. The 49,000 dwt vessels will be delivered in 2019 and will be powered by
White paper looks at lubrication of methanol fueled ships
DECEMBER 14, 2017 — The first in a new series of white papers from Chevron Marine Lubricants explores the use of methanol bunkers, and how Chevron’s Taro Special cylinder lubricants and DOT.FAST