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Seaspan and Hapag-Lloyd enter into agreement to retrofit 5 containerships for methanol main engines

Seaspan Corporation (Seaspan), the leading independent maritime asset owner and operator, and Hapag-Lloyd, one of the largest container shipping lines in the world, have entered into a partnership agreement to retrofit and convert five (5) 10,000 TEU containerships powered by conventional S90-type engines to dual-fuel engines capable of running on methanol.

Retrofitting constitutes a necessary and major component of emissions abatement, and it is an effective way to extend the operational lifetime of the existing fleet while delivering fuel flexibility to customers. MAN Energy Solutions will deliver the retrofit solutions, and each conversion can result in a CO2 reduction of 50,000–70,000 tonnes each year when operating on green methanol.

The vessels scheduled for retrofits are the Seaspan Amazon, Seaspan Ganges, Seaspan Thames, Seaspan Yangtze, and Seaspan Zambezi.

Seaspan is the worldwide leader in independent maritime asset management and ownership, primarily focused on long-term, fixed-rate leases with the world’s largest container shipping liners. As of 31 December 2023, Seaspan’s operating fleet consisted of 153 vessels, with an additional 36 vessels under construction, delivering through to December 2024 and increasing total fleet capacity to approximately 1.9 million TEU on a fully delivered basis.



I've managed to mislay my reference, which is remarkable since I only came across it this morning, but apparently one of the constraints of using green methanol for shipping as opposed to ammonia is the supply of the carbon content, with the usually used biological sources under severe constraints and heavy competition for what is available.

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