RINA Nods Yes for Kindon's Green Methanol Offshore Production Platform
Italian classification and marine engineering consultancy RINA has issued an approval in principle (AiP) to Kindon New Energy Technology for its green methanol offshore production platform solution.Produced entirely offshore, the methanol is derived from renewable CO2 through DAC (Direct Air Capture) technology and green hydrogen from offshore wind power water electrolysis technology.The platform will produce 0.1 MTPA of green methanol via process that synthesizes methanol from…
MOL Strengthens Ties with China’s Baosteel
Mitsui O.S.K. Lines, Ltd. announced an agreement with China’s Baosteel Group Corporation to further strengthen the companies’ cooperative relationship. The agreement was reached at an October 13 meeting between MOL President Ashida and Baosteel President He Wenbo at Baosteel headquarters in Shanghai. MOL presented a model of the 300,000-ton iron ore carrier Baosteel Elaboration to Baosteel as well. “In the process of consolidation with other steel mills in China, Baosteel may gradually increase iron ore imports in the future, and transport needs may continue to grow,” Baosteel said.
