Odfjell Terminals Korea Supplies Green Methanol Bunkering to World’s First Methanol Engine Container Vessel
07.19.2023 By TankTerminals.com News - NEWS

July 19, 2023 [Odfjell]- Odfjell Terminal Korea (OTK), Maersk and OCI Global wrote history on July 16 when 1,000 metric tonnes of green methanol were successfully supplied from the terminal to Maersk’s newbuilt and first-of-its-kind container vessel.

 

“We congratulate Maersk on this important milestone, and are proud to be the first terminal to successfully supply green methanol bunkering to this unique vessel. Over the past months, there have been business reviews and technical efforts on safe and successful methanol bunker supply models. We expect these results to be the cornerstone of the methanol bunkering business moving forward.” Chief Commercial Officer Joseph Kim, OTK

The methanol dual-fuel engine vessel bunkered the special fuel at Odfjell Terminals Korea in Ulsan before embarking on her maiden voyage towards Copenhagen, where she will be officially named in September.

The 2,100 TEU-sized vessel is the first of 19 methanol dual-fuel engine ships to come from Maersk. The operational experiences on its 21,500 km from South Korea to Denmark – more than halfway around the globe – will be followed with global interest.

“This journey is an important step in our efforts to reach net zero greenhouse gas emissions by 2040, as it will allow us to gain the necessary operational experience with the new engines and fuel ahead of the arrival of our larger methanol-enabled vessels in the coming years,” said Morten Bo Christiansen, Head of Energy Transition, A.P. Moller-Maersk.

Ahmed El-Hoshy, CEO of OCI Global who produced the green methanol, added: “The successful bunkering is a testament to the collaboration of all the partners involved and we look forward to fueling more journeys on green methanol from now on.”

The extraordinary project is the result of a collaboration between the Ulsan Port Authority, Maersk, OCI Global, Odfjell and other partners, with the support of the Korean Ministry of Oceans and Fisheries and Ulsan Regional Office of Oceans and Fisheries.*

Green methanol can reduce Sulfur Oxides (Sox), Nitrogen Oxides (NOx) and Particulate Matter (PM) emissions by more than 95%, and NOx by up to 80% compared to conventional marine fuels, and can be carbon neutral on a lifecycle basis.

The pilot event has inspired the ambitions at OTK: “We will continue to expand our expertise in decarbonization and eco-friendly fuel supply chain businesses as part of our role as a key hub terminal in Northeast Asia. We look forward to welcoming more energy-efficient and greener fuel vessels in the years to come. In the meantime, we wish the pioneer ship and crew all the best on this historic maiden voyage.” – Joseph Kim

Pro Trial: Access 12,600 Tank Terminal and Production Facilities

12,600 tank storage and production facilities as per the date of this article. Click on the button and register to get instant access to actionable tank storage industry data

Angel CCS JV and Yara Partner for Carbon Capture and Storage Study
04.19.2024 - NEWS
April 19, 2024 [Pipeline & Gas Journal]- The Angel CCS Joint Venture will collaborate with Ya... Read More
Kinder Morgan Meets Profit Estimates, Sees New Demand from AI Operations
04.19.2024 - NEWS
April 19, 2024 [Reuters]- Pipeline and terminal operator Kinder Morgan (KMI.N), opens new tab on ... Read More
Cepsa and Evos Join up for Green Methanol Storage in Spain and the Netherlands
04.19.2024 - NEWS
April 19, 2024 [Storage Terminals Magazine]- Spanish energy company Cepsa has forged an agreement... Read More
Linde to Increase Green Hydrogen Production in Brazil
04.19.2024 - NEWS
April 19, 2024 [Linde]- Linde (Nasdaq: LIN) announced today its subsidiary White Martins will bui... Read More