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Ørsted breaks ground on e-methanol bunker fuel production plant FlagshipONE

Groundbreaking of FlagshipONE marks first steps in a new green era of shipping, where large-scale methanol production facilities will supply a growing fleet of methanol-powered vessels, says firm.

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Danish multinational power company Ørsted on Friday (26 May) said it broke ground on Europe’s largest e-methanol project, FlagshipONE, at an event in Örnsköldsvik in Northern Sweden.

The firm said the groundbreaking of FlagshipONE not only marks the construction start of the project, but also the first steps in a new green era of shipping, where large-scale methanol production facilities will supply a constantly growing fleet of methanol-powered vessels. 

“Currently, over 110 e-methanol vessels have been ordered or are in operation, up from 80 vessels at the end of 2022. At the same time, new regulation such as Fuel EU Maritime is also increasing the demand for new, green maritime fuels. FlagshipONE will start production in 2025 when it will produce 50,000 tonnes of e-methanol yearly,” it said. 

Originally developed by the Swedish e-fuels company Liquid Wind, FlagshipONE will be located next to Övik Energi’s combined heat and power plant Hörneborgsverket in Örnsköldsvik, where the groundbreaking event also took place. 

The event was attended by political representatives from both local, regional, national, and international bodies as well as by representatives from partner companies, including Siemens Energy, Carbon Clean, and Topsoe, who will deliver the electrolysers and control system, the carbon capture equipment, and the methanol synthesis equipment, respectively. In addition to these major equipment suppliers, local companies are already involved in the project, and the operation of the plant will also create direct and indirect jobs in Örnskoldsvik.

Among the speakers at the event were also Klimatklivet, a part of the Swedish Environmental Protection Agency, who have supported FlagshipONE with SEK 151 million. The groundbreaking was done by Anna Dahlberg, State Secretary to the Prime Minister of Sweden; Anna-Britta Åkerlind, Chair of the municipality board of Örnsköldsvik Municipality; Anders Nordstrøm, COO of Ørsted P2X; Claes Fredriksson, founder and CEO of Liquid Wind; and Kristina Säfsten, CEO of Övik Energi.

The event in Örnsköldsvik focused on the need to decarbonise global maritime transport and on the large potential for Sweden to become a key market for the production of e-methanol, which is emerging as shipping’s preferred route to zero emissions in the 2020s. Sweden has ample opportunity to develop renewable energy, like onshore and offshore wind, and has a world-leading forest industry to supply the biogenic carbon needed to produce e-methanol. Örnsköldsvik is one of the centres of the Swedish forest industry, having a large commercial presence from advanced forest-based industries.

Anders Nordstrøm, COO of Ørsted P2X, said: “FlagshipONE is a pioneering project that will open a new era for green shipping and for Ørsted. I’m very pleased that we’ve now started on-site construction together with other green fuel leaders from across the supply chain, and together with representatives from Örnsköldsvik, Västernorrlands Län and Sweden at large. FlagshipONE will be the first project in a new green industry in Sweden, which Ørsted intends to spearhead.”

Claes Fredriksson, CEO and founder of Liquid Wind, said: “FlagshipONE will soon become the largest commercial-scale electrofuel facility in Europe and at Liquid Wind we are thrilled that Ørsted is now starting the construction phase of the project.”

“FlagshipONE is our first sold project and is just the beginning of our journey to become the leading developer of electrofuel facilities. This milestone will hopefully inspire many others to also contribute to the decarbonization of shipping. Today is a historical day for Sweden as we put the country on the map as a developer and producer of green electrofuel. All with the intent of reducing the world’s dependence on fossil fuels.”

FlagshipONE is the first e-methanol project in Ørsted’s ambitious green fuel pipeline; the company is also developing the 300,000 tonnes/year ‘Project Star’ in the US Gulf Coast area and the ‘Green Fuels for Denmark’ project in Copenhagen, which will also produce significant volumes of e-methanol to enable the decarbonisation of shipping.

FlagshipONE is located on the grounds of the biomass-fired combined heat and power plant Hörneborgsverket in Örnsköldsvik, operated by Övik Energi. The e-methanol from FlagshipONE will be produced using renewable electricity and biogenic carbon dioxide captured from Hörneborgsverket. 

In addition, FlagshipONE will use steam, process water, and cooling water from Hörneborgsverket, and excess heat from the e-methanol production process will be delivered back to Övik Energi and integrated into their district heating supply.

Related: Ørsted assumes full ownership of e-methanol bunker fuel production plant FlagshipONE
Related: Ørsted and ESVAGT order world’s first e-methanol powered service operation vessel
Related: Study: eMethanol well-to-wake CO2 emissions 94% lower when compared to fossil marine fuels
Related: Sweden: FlagshipONE applies environmental permit for e-methanol bunker fuel production plant

 

Photo credit: Ørsted
Published: 29 May, 2023

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Yang Ming orders six LNG dual-fuel, ammonia-ready containerships from Hanwha Ocean

Each of the six new vessels will have a capacity of up to 13,650 TEU and feature LNG dual-fuel propulsion and Ammonia Fuel Ready specifications.

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Yang Ming orders six LNG dual-fuel, ammonia-ready containerships from Hanwha Ocean

Taiwanese shipping firm Yang Ming Marine Transport Corporation (Yang Ming) and South Korean shipbuilder Hanwha Ocean on Wednesday (2 September) signed a shipbuilding contract for six 13,000 TEU class LNG dual-fuel container vessels. 

The contract was signed by Dr. Chuck Tsai, Chairman of Yang Ming, and Mr. Charles Kim, CEO of Hanwha Ocean. The vessels are scheduled for delivery between 2028 and 2029. 

They will complement Yang Ming’s existing fleet of 10,000+ TEU vessels and serve as key vessels on East-West services, with deployment flexibility across trade lanes connecting Asia with the East and West Coasts of North America, South America, and the Mediterranean. 

Each of the six new vessels will have a capacity of up to 13,650 TEU and feature LNG dual-fuel propulsion and Ammonia Fuel Ready specifications.

“As Yang Ming transitions toward net-zero emissions, LNG provides a relatively mature and economically viable alternative fuel solution, capable of reducing greenhouse gas emissions by approximately 20%,” the company said. 

“At the same time, ammonia can serve as a carbon-free fuel by utilising converted LNG storage facilities, while offering relatively lower conversion costs and comparatively well-developed supply chains and infrastructure. The Ammonia Fuel Ready design will therefore provide Yang Ming with greater flexibility in responding to increasingly stringent international regulations on greenhouse gas emissions.”

In addition, the vessels will be equipped with Type B LNG fuel tanks with a design pressure of 1.0 bar to enhance the safety and efficiency of LNG operations, together with a range of energy-saving technologies, including Wind Shields, Rudder Bulbs, Pre-Swirl Stators, and Shore Power Systems. Smart ship technologies and cybersecurity protection features will also be incorporated to enhance operational efficiency, safety, and reliability while effectively reducing fuel consumption and greenhouse gas emissions.

Deliveries under Yang Ming’s next-generation fleet optimization plan commenced earlier this year. By 2030, a total of 24 new vessels are expected to enter service. 

This includes 18 LNG dual-fuel vessels—comprising five 15,500 TEU, seven 16,000 TEU, and the six 13,000 TEU vessels under this contract—alongside six 8,000 TEU methanol dual-fuel-ready ships. 

 

Photo credit: Yang Ming Marine Transport
Published: 4 September, 2026

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LR, China’s MARIC unveil tanker concept ready for three future bunker fuels

Both secured AiP for a new 114,000 DWT product and crude oil tanker designed to accommodate future conversion to LNG, methanol or ammonia.

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LR, China’s MARIC unveil tanker concept ready for three future bunker fuels

Lloyd’s Register (LR) and the Marine Design and Research Institute of China (MARIC) on Thursday (3 September) have secured Approval in Principle (AiP) for a new 114,000 DWT product and crude oil tanker designed to accommodate future conversion to LNG, methanol or ammonia.

Announced at SMM 2026, the concept addresses one of the biggest investment challenges facing shipping today: the need to develop vessels and capabilities that can support a range of alternative fuel options and pathways as technologies, infrastructure and regulations evolve.

While LNG is already a mature fuel pathway, methanol and ammonia remain at an earlier stage of development, with questions around global fuel availability, infrastructure development, economics and long-term adoption.

The 114,000 DWT tanker concept has been designed as a product and crude oil carrier that can accommodate future conversion to LNG, methanol or ammonia as technologies, regulations and fuel supply chains mature. By incorporating conversion readiness at the design stage, the concept aims to reduce future retrofit complexity and provide owners with greater confidence when planning long-term fleet investments.

The design concept was reviewed against LR’s July 2026 class rules and regulations, including requirements relating to ships using gases and other low-flashpoint fuels, alongside relevant IACS Common Structural Rules for oil tankers. Final classification and statutory approval remain subject to full compliance with all applicable rules and regulations.

Theo Kourmpelis, Global Business Director for Tankers, Lloyd’s Register, said: “Shipowners are being asked to make major investment decisions today despite continued uncertainty around which fuels will dominate in the decades ahead. Alternative fuel solutions each offer potential pathways to compliance, but fuel infrastructure, regulation and economics continue to evolve at different speeds around the world.

“Designs that preserve flexibility will be critical in helping owners manage risk while preparing for multiple future scenarios.”

Si Nan, Marine & Offshore Marketing Department Vice Director, MARIC, said: “As the industry explores different decarbonisation pathways, shipowners need vessel designs that can adapt alongside technological and regulatory developments. This concept was developed specifically to provide greater fuel flexibility and long-term resilience, allowing owners to respond to changing market requirements without being locked into a single fuel strategy.

“Receiving Approval in Principle from Lloyd’s Register is an important milestone that validates the design concept and supports its future development.”

 

Photo credit: Lloyd’s Register
Published: 4 September, 2026

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DNV: Alternative-fuelled vessel orders hit highest monthly level since October 2024

LNG-fuelled vessels accounted for the vast majority of August activity while the strong summer performance marked a significant acceleration in ordering activity after a relatively slow start to the year.

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DNV: Alternative-fuelled vessel orders hit highest monthly level since October 2024

Latest data from classification society DNV’s Alternative Fuels Insight (AFI) platform alternative-fuelled vessel ordering was strong in August, with 52 new vessels added to the platform.

This is the highest monthly total since October 2024 and follows another active month in July, when 47 vessels were added to the database.

LNG-fuelled vessels accounted for the vast majority of August activity, with 46 orders recorded. The container segment led the way with 30 orders, while the car carrier segment contributed a further 12 LNG-fuelled vessels. In addition, four ethanol-fuelled bulk carriers and two hydrogen-powered bulk carriers were added during the month, as well as one LNG bunker vessel.

The strong summer performance marked a significant acceleration in ordering activity after a relatively slow start to the year. In total, 242 alternative-fuelled vessel orders have been placed in the first eight months of 2026, representing a 27% increase compared with the same period in 2025.

LNG remains the dominant fuel choice, accounting for 63% of all alternative-fuelled vessel orders registered so far this year. Container vessels represent the largest share of these LNG orders (59%), followed by car carriers (30%).

Jason Stefanatos, Global Decarbonization Director at DNV Maritime, said: “The past two months have been particularly strong for alternative-fuelled vessel ordering, with August recording the highest monthly total we’ve seen since October 2024. This has helped lift year-to-date orders to a level well above the same period last year.

“LNG remains the leading fuel choice, driven largely by activity in the container and car carrier segments. These sectors have been among the earliest adopters of alternative fuels, supported by predictable liner operations and increasing demand from cargo owners to reduce emissions across supply chains. 

“For many owners, LNG offers a combination of emissions reductions, fuel availability and future flexibility while the longer-term fuel landscape continues to evolve. 

“At the same time, the latest figures include orders for ethanol- and hydrogen-fuelled vessels, highlighting that owners continue to explore a range of decarbonization pathways. Different segments are making different fuel choices, but the overall level of activity demonstrates continued investment in lower-emission shipping.”

Screenshot 2026 09 04 at 12.29.26 PM Screenshot 2026 09 04 at 12.29.36 PM

 

Photo credit: DNV
Published: 4 September, 2026

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