Hy2gen and Mitsui OSK Lines Collaborate to Harness e-methanol in the shipping Industry

In a notable collaboration, Japanese ship operator Mitsui OSK Lines (Mol) and German hydrogen developer Hy2gen have announced their partnership to explore the use of e-methanol in the shipping industry. The e-methanol will be sourced from Hy2gen's Nautilus project, located in Lower Saxony, Germany. This strategic alliance not only focuses on the utilization of e-methanol but also aims to investigate its application as a marine fuel in the Atlantic region.

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Hy2gen Deutschland, a wholly-owned subsidiary of Hy2gen, is instrumental in this partnership. Their Nautilus project, which is currently in the planning phase, is envisioned to produce 60,000 tons per year of e-methanol, specifically targeting the shipping industry's needs. The anticipated start date for commercial operations of the plant is 2028, as stated by Mol on October 25.

Mol underscored the importance of being involved from the production stage, which is a key motive for this latest tie-up. The company has set ambitious goals, aiming to have 90 vessels fueled by LNG (Liquefied Natural Gas) or methanol in service by the year 2030.

Hy2gen Deutschland plans to produce the e-methanol by purifying and combining locally sourced CO2 with hydrogen generated from renewable energy sources. This process underscores the commitment of both Mol and Hy2gen towards sustainable and environmentally-friendly fuel options for the maritime industry.

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This collaboration marks a significant step towards the development of cleaner fuel alternatives in the shipping sector and highlights the growing interest in sustainable energy solutions globally.

According to the article by Procurement Resource, Mitsui OSK Lines (Mol) and Hy2gen collaborate to explore e-methanol as a marine fuel, sourcing it from Hy2gen's Nautilus project in Germany, set to produce 60,000 tons annually starting 2028. Mol aims to fuel 90 vessels with LNG or methanol by 2030. Hy2gen Deutschland will produce e-methanol from local CO2 and renewable hydrogen, highlighting a commitment to sustainable maritime fuel. This partnership marks a major step towards cleaner shipping fuels.