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."

WinGD LNG dual-fuel engine with personnel wearing safety helmets. WinGD promotes variable compression ratio retrofits for existing LNG dual-fuel engines  

Engine designer claims technology can reduce emissions and methane slip ahead of 2030 targets.
IBIA Board Elections 2026 Nominees announcement. IBIA announces 11 nominees for four board vacancies in 2026 election  

Voting opens 5 January with results to be announced at AGM on 9 February.
Bureau Veritas and C-Torq Marine Services sign MoU. Bureau Veritas and C-Torq Marine Services sign MoU for hydrogen energy system development  

Partnership aims to secure approval in principle for W-VOLT120 hydrogen-based maritime power system.
Global Ethanol Association (GEA) and SQ Group logo side by side. Jinan Shengquan Group joins Global Ethanol Association as founding member  

Chinese bio-based materials group joins new industry body promoting ethanol for energy security and emissions reduction.
ONE Satisfaction vessel. Ocean Network Express names sixth methanol and ammonia-ready container ship  

ONE Satisfaction is a 13,800-teu vessel scheduled for delivery in February 2026.
MOL, Sinopec and Marubeni sign MoU. MOL, Sinopec and Marubeni sign MoU to establish marine biodiesel supply system in China  

Partnership aims to secure stable biodiesel supply for shipping decarbonisation in Chinese waters.
Castrol Logo. BP to sell 65% stake in Castrol to Stonepeak for $10bn enterprise value  

Deal brings BP's divestment programme to $11bn, with proceeds earmarked for debt reduction.
Clippership 24-metre class autonomous wind-powered vessel. RINA approves design for Clippership's 24-metre autonomous wind-powered cargo vessel  

Classification society to supervise construction of zero-emission ship featuring twin rigid wings for transatlantic operations.
CMA CGM Antigone vessel. Bureau Veritas classes first methanol dual-fuel boxship as CMA CGM takes delivery  

The 15,000-teu CMA CGM Antigone was built by CSSC Jiangnan Shipyard in China.
AiP award ceremony for floating nuclear plant design. Samsung Heavy Industries' floating nuclear plant design wins ABS approval  

Concept features twin KAERI small modular reactors and a compartmentalised layout to support offshore nuclear power generation.

↑  Back to Top


 Recommended