The world’s first methanol-powered car carrier vessel has set out on its maiden voyage from Hong Kong, as the city moves towards becoming a green maritime fuel bunkering centre. Commissioned by the China Merchants Group and built in the southeastern province of Jiangsu, the CM Hong Kong set sail from Tsing Yi on Sunday morning…
The first inland cargo barge that combines methanol and hydrogen electric for a more efficient operation was launched earlier this month in China. The vessel also represents an expansion of Chinese auto manufacturer Geely’s methanol technology into the maritime sector as the company looks to expand its international operations. The barge, which has a…
Hong Kong can become a regional trading hub for green marine fuel and help augment China’s influence on supply and pricing, according to an industry player. “Hong Kong’s advantages lie in its roles as an international free port, shipping and financial hub, and the government’s willingness to support energy transition and green finance,” said Leo…