New methanol dual-fueled WTIV design gains ABS AIP

ABS has issued its approval in principle (AIP) to China’s Yantai CIMC Raffles Offshore Ltd. for its design of a heavy-duty, methanol dual-fueled WTIV (wind turbine installation vessel).

The methanol dual-fueled WTIV is designed to transport and install the largest wind turbines in the world, those capable of producing 16 to 20 megawatts of electricity, and promises to reduce carbon emissions with its dual-fuel methanol propulsion system.

The design also features a 3,500-ton leg encircling crane...

https://www.marinelog.com/offshore/offshore-wind/new-methanol-dual-fueled-wtiv-design-gains-abs-aip/

J.P. Morgan makes its first move into methanol-fueled newbuilds

The momentum towards methanol fueling continues to build. J.P. Morgan Global Alternative’s Global Transportation Group (JPMGTG) reports that institutional investors advised by it have concluded an order for two 49,800 dwt methanol dual-fueled methanol chemical IMO II medium-range (MR) newbuild tankers.

To be constructed at Guangzhou Shipyard International (GSI), in China, both vessels are scheduled to be delivered in 2026 and will be fixed on time-charter to TotalEnergies.

JPMGT says that the new...

https://www.marinelog.com/legal/shipping/j-p-morgan-makes-its-first-move-into-methanol-fueled-newbuilds/