MAN Diesel & Turbo has signed a LoI with Vancouver-based Waterfront Shipping for the use of four MAN ME-LGI engines on its ships. The engines will run on a blend of 95% methanol and 5% diesel fuel.
Waterfront Shipping, a wholly owned subsidiary of Methanex Corporation, is a global marine transportation company specializing in the transport of bulk chemicals and clean petroleum products.
With the growing demand for cleaner marine fuel to meet environmental regulations coming into effect in Northern Europe and other regions, methanol is a promising alternative fuel for ships. “Methanol is a sulphur-free fuel and provides many environmental and clean burning benefits. In using methanol-based marine fuel, we can reduce emissions and fuel costs at the same time,” stated Jone Hognestad, President, Waterfront Shipping.
MAN developed the ME-LGI engine in response to interest from the shipping world in operating on alternatives to heavy fuel oil. Methanol and LPG carriers have already operated at sea for many years and many more LPG tankers are currently being built as the global LPG infrastructure grows. With a viable, convenient and economic fuel already on-board, exploiting a fraction of the cargo to power a vessel makes sense with another important factor being the benefit to the environment. MAN Diesel & Turbo states that it is already working towards a Tier-III-compatible ME-LGI version.
The four G50ME-LGI units are targeted for the end of 2013, with engine delivery to follow in the summer of 2015.
About Waterfront Shipping
Waterfront Shipping operates the largest methanol ocean tanker fleet in the world with its fleet comprising vessels from 3,000 to 49,000 dwt. Its fleet of 18 modern, deep sea tankers delivers products to major international markets in North America, Asia, Europe and Latin America.