{"id":725557,"date":"2023-01-24T17:07:08","date_gmt":"2023-01-24T22:07:08","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/methanex-stena-line-and-port-of-gothenburg-achieve-new-methanol-marine-fuel-milestone\/"},"modified":"2023-01-24T17:07:08","modified_gmt":"2023-01-24T22:07:08","slug":"methanex-stena-line-and-port-of-gothenburg-achieve-new-methanol-marine-fuel-milestone","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/methanex-stena-line-and-port-of-gothenburg-achieve-new-methanol-marine-fuel-milestone\/","title":{"rendered":"Methanex, Stena Line and Port of Gothenburg Achieve New Methanol Marine Fuel Milestone"},"content":{"rendered":"<h2>\nWorld\u2019s first methanol ferry is first non-tanker to bunker via ship-to-ship<br \/>\n<\/h2>\n<div class=\"mw_release\">\n<p>VANCOUVER, British Columbia, Jan.  24, 2023  (GLOBE NEWSWIRE) &#8212; Methanex Corporation (TSX:MX) (NASDAQ:MEOH), Stena Line and the Port of Gothenburg are proud to mark a new milestone in advancing methanol as a cleaner burning marine fuel\u2014supporting the shipping industry\u2019s shift towards decarbonization. On January 23, the world\u2019s first methanol ferry, the Stena Germanica, was the first non-tanker to successfully complete ship-to-ship methanol bunkering at the Port of Gothenburg in cooperation with Methanex. This partnership is another demonstration of the leadership role that the parties play in growing the demand for methanol as a marine fuel and their commitment to playing an active role in supporting the industry\u2019s energy transition.<\/p>\n<p align=\"justify\">\u201cAs the world\u2019s largest producer and supplier of methanol, we\u2019re pleased to continue our collaboration with Stena Line to demonstrate that methanol is a leading alternative, cleaner burning, future-proof marine fuel,\u201d said Karine Delbarre, Senior Vice President, Global Marketing &amp; Logistics, Methanex. \u201cThis first ship-to-ship methanol bunkering for a non-tanker, leveraging our partners E&amp;S Tankers and Port of Gothenburg, is further evidence that methanol is globally available, safe to ship, store and handle using procedures similar to those for conventional marine fuels.\u201d<\/p>\n<p align=\"justify\">\u201cThe Stena Germanica, connecting Gothenburg, Sweden with Kiel, Germany, became the world\u2019s first methanol-powered ferry when Stena Line converted the 240 metre vessel in 2015 in partnership with Methanex, W\u00e4rtsil\u00e4, the Port of Gothenburg and the Port of Kiel,\u201d said Maria Tornvall, Head of Sustainability at Stena Line. \u201cWe welcome ship-to-ship bunkering as a tool to achieve a stable and efficient supply chain for methanol which is critical in Stena Line\u2019s shift to alternative fuels and to retain our position as a leader in sustainable shipping.\u201d<\/p>\n<p align=\"justify\">As the largest port in Scandinavia, the Port of Gothenburg&#8217;s ambition is to become the primary bunkering hub for renewable methanol in Northern Europe.<\/p>\n<p align=\"justify\">\u201cThis is a door-opening demonstration, proving that there is a feasible way to handle ship-to-ship methanol bunkering. With this, we are strengthening our position as a bunker hub and at the same time showcasing that this can be done in a safe and efficient way. Not only here, but also in other ports around the world,\u201d said Christoffer Lillhage, Senior Business Development Manager, Energy at the Gothenburg Port Authority.<\/p>\n<p align=\"justify\">Methanol as an alternative marine fuel has ultra-clean burning properties that meet increasingly stringent air quality emissions regulations in the maritime sector. Compared to conventional marine fuels, methanol reduces emissions of sulphur oxides (SOx) and particulate matter (PM) by more than 95 per cent, nitrogen oxides (NOx) by up to 80 per cent and CO<sub>2<\/sub> from combustion by up to 15 per cent.<\/p>\n<p align=\"justify\">\n        <strong>About Methanex Corporation<\/strong><br \/>\n        <br \/>Methanex Corporation is the world\u2019s largest producer and supplier of methanol to major international markets in Asia Pacific, North America, Europe, and South America. The company\u2019s methanol production sites are located in New Zealand, the United States, Trinidad, Chile, Egypt, and Canada. Methanex is headquartered in Vancouver, Canada, and the company\u2019s common shares trade on the Toronto Stock Exchange under the symbol MX and on the NASDAQ Global Select Market under the symbol MEOH. For more information, please visit <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=7hMsJpFxbq9c7I4WFwgkHG3b3bDG9V3tq6DJqwKhOSyhI4KkrUPKwJQajVaEvoE_cpLRTQTtdW2cvQqK4uq7hw==\" rel=\"nofollow noopener\" target=\"_blank\">www.methanex.com<\/a>.<\/p>\n<p align=\"justify\">\n        <strong>About Stena Line<\/strong><br \/>\n        <br \/>Stena Line is one of the world\u2019s largest ferry companies with 39 vessels and 18 routes in Northern Europe operating 25,000 sailings each year. Stena Line is an important part of the European logistics network and develops new intermodal freight solutions by combining transport by rail, road and sea. Stena Line also plays an important role for tourism in Europe with its extensive passenger operations. The company is family-owned, was founded in 1962 and is headquartered in Gothenburg. Stena Line has 5,100 employees and an annual turnover of 14 billion SEK. For more information, please visit <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=6dd4tGXRH9zzsXTdcfuFPS36muE5SO8SaulY1bp8kGlPge-zClGQBIxNBvF9cBOeWQkE646GIaVUXdGE71A_0w==\" rel=\"nofollow noopener\" target=\"_blank\">www.stenaline.com<\/a>.<\/p>\n<p align=\"justify\">\n        <strong>About the Port of Gothenburg<\/strong><br \/>\n        <br \/>The Port of Gothenburg is the largest port in Scandinavia. Around 30% of Swedish domestic and foreign trade passes through the Port of Gothenburg and over 50% of all container traffic. The port is a full-service port, and offers industry guaranteed, climate-smart access to the whole world. Direct services to key markets ensure highly efficient, sustainable, and reliable transport 24 hours a day, 365 days a year. The focus is firmly on sustainability, innovation, and digitalisation in a concerted effort to maintain the ongoing development of climate-efficient freight transport and calls by vessels. With over 30 rail shuttles offering daily departures, companies throughout Sweden and Norway have a direct, climate-neutral service to the Port of Gothenburg. The port handles energy products, vehicles, ro-ro units, containers and passengers. 22,000 people are employed at the port. For more information visit\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=eu9cbNKKDfIGvP9ABHMY3YQL9wsDHIyHpPD3C9R9Pmf8uzz2nOX__kDkx1a7y-wWOn2AlsTRC73MjIGMyTcG90ATPvy0k9ZeyM63GqRXCGM=\" rel=\"nofollow noopener\" target=\"_blank\">www.portofgothenburg.com<\/a>.<\/p>\n<p align=\"justify\">\n        <strong>For further information, contact:<\/strong>\n      <\/p>\n<p align=\"justify\">\n        <strong>Methanex Media Inquiries<\/strong><br \/>\n        <br \/>Nina Ng, Manager, Global Communications<br \/>+1-604-661-2600 or Toll Free: +1-800-661-8851<\/p>\n<p align=\"justify\">\n        <strong>Methanex Investor Inquiries<\/strong><br \/>\n        <br \/>Sarah Herriott<br \/>Director, Investor Relations<br \/>+1-604-661-2600 or Toll Free: +1-800-661-8851<\/p>\n<p align=\"justify\">\n        <strong>Stena Line<\/strong><br \/>\n        <br \/>Stefan Elfstr\u00f6m, PR Manager<br \/>+46\u00a031 85 85 32<\/p>\n<p align=\"justify\">\n        <strong>Gothenburg Port Authority<\/strong><br \/>\n        <br \/>Stefan Str\u00f6mberg<br \/>Press officer<br \/>+46 (0) 313687715<\/p>\n<p>\u00a0<\/p>\n<p>      <img decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODczNTkwNSM1MzcyNjQzIzIyMjM3ODQ=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" src=\"https:\/\/ml.globenewswire.com\/media\/YzM1MDRhN2QtZjYzZi00YzUxLWE3NzUtZTE0MTkzZDhmMDgyLTEyMzUzMzc=\/tiny\/Methanex-Corporation.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>World\u2019s first methanol ferry is first non-tanker to bunker via ship-to-ship VANCOUVER, British Columbia, Jan. 24, 2023 (GLOBE NEWSWIRE) &#8212; Methanex Corporation (TSX:MX) (NASDAQ:MEOH), Stena Line and the Port of Gothenburg are proud to mark a new milestone in advancing methanol as a cleaner burning marine fuel\u2014supporting the shipping industry\u2019s shift towards decarbonization. On January 23, the world\u2019s first methanol ferry, the Stena Germanica, was the first non-tanker to successfully complete ship-to-ship methanol bunkering at the Port of Gothenburg in cooperation with Methanex. This partnership is another demonstration of the leadership role that the parties play in growing the demand for methanol as a marine fuel and their commitment to playing an active role in supporting the industry\u2019s energy transition. &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/methanex-stena-line-and-port-of-gothenburg-achieve-new-methanol-marine-fuel-milestone\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Methanex, Stena Line and Port of Gothenburg Achieve New Methanol Marine Fuel Milestone&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-725557","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Methanex, Stena Line and Port of Gothenburg Achieve New Methanol Marine Fuel Milestone - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/methanex-stena-line-and-port-of-gothenburg-achieve-new-methanol-marine-fuel-milestone\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Methanex, Stena Line and Port of Gothenburg Achieve New Methanol Marine Fuel Milestone - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"World\u2019s first methanol ferry is first non-tanker to bunker via ship-to-ship VANCOUVER, British Columbia, Jan. 24, 2023 (GLOBE NEWSWIRE) &#8212; Methanex Corporation (TSX:MX) (NASDAQ:MEOH), Stena Line and the Port of Gothenburg are proud to mark a new milestone in advancing methanol as a cleaner burning marine fuel\u2014supporting the shipping industry\u2019s shift towards decarbonization. On January 23, the world\u2019s first methanol ferry, the Stena Germanica, was the first non-tanker to successfully complete ship-to-ship methanol bunkering at the Port of Gothenburg in cooperation with Methanex. This partnership is another demonstration of the leadership role that the parties play in growing the demand for methanol as a marine fuel and their commitment to playing an active role in supporting the industry\u2019s energy transition. &hellip; Continue reading &quot;Methanex, Stena Line and Port of Gothenburg Achieve New Methanol Marine Fuel Milestone&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/methanex-stena-line-and-port-of-gothenburg-achieve-new-methanol-marine-fuel-milestone\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2023-01-24T22:07:08+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODczNTkwNSM1MzcyNjQzIzIyMjM3ODQ=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/methanex-stena-line-and-port-of-gothenburg-achieve-new-methanol-marine-fuel-milestone\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/methanex-stena-line-and-port-of-gothenburg-achieve-new-methanol-marine-fuel-milestone\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Methanex, Stena Line and Port of Gothenburg Achieve New Methanol Marine Fuel Milestone\",\"datePublished\":\"2023-01-24T22:07:08+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/methanex-stena-line-and-port-of-gothenburg-achieve-new-methanol-marine-fuel-milestone\\\/\"},\"wordCount\":839,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/methanex-stena-line-and-port-of-gothenburg-achieve-new-methanol-marine-fuel-milestone\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODczNTkwNSM1MzcyNjQzIzIyMjM3ODQ=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/methanex-stena-line-and-port-of-gothenburg-achieve-new-methanol-marine-fuel-milestone\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/methanex-stena-line-and-port-of-gothenburg-achieve-new-methanol-marine-fuel-milestone\\\/\",\"name\":\"Methanex, Stena Line and Port of Gothenburg Achieve New Methanol Marine Fuel Milestone - 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On January 23, the world\u2019s first methanol ferry, the Stena Germanica, was the first non-tanker to successfully complete ship-to-ship methanol bunkering at the Port of Gothenburg in cooperation with Methanex. This partnership is another demonstration of the leadership role that the parties play in growing the demand for methanol as a marine fuel and their commitment to playing an active role in supporting the industry\u2019s energy transition. &hellip; Continue reading \"Methanex, Stena Line and Port of Gothenburg Achieve New Methanol Marine Fuel Milestone\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/methanex-stena-line-and-port-of-gothenburg-achieve-new-methanol-marine-fuel-milestone\/","og_site_name":"Market Newsdesk","article_published_time":"2023-01-24T22:07:08+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODczNTkwNSM1MzcyNjQzIzIyMjM3ODQ=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/methanex-stena-line-and-port-of-gothenburg-achieve-new-methanol-marine-fuel-milestone\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/methanex-stena-line-and-port-of-gothenburg-achieve-new-methanol-marine-fuel-milestone\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Methanex, Stena Line and Port of Gothenburg Achieve New Methanol Marine Fuel Milestone","datePublished":"2023-01-24T22:07:08+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/methanex-stena-line-and-port-of-gothenburg-achieve-new-methanol-marine-fuel-milestone\/"},"wordCount":839,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/methanex-stena-line-and-port-of-gothenburg-achieve-new-methanol-marine-fuel-milestone\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODczNTkwNSM1MzcyNjQzIzIyMjM3ODQ=","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/methanex-stena-line-and-port-of-gothenburg-achieve-new-methanol-marine-fuel-milestone\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/methanex-stena-line-and-port-of-gothenburg-achieve-new-methanol-marine-fuel-milestone\/","name":"Methanex, Stena Line and Port of Gothenburg Achieve New Methanol Marine Fuel Milestone - 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