{"id":59257,"date":"2025-09-12T09:55:08","date_gmt":"2025-09-12T09:55:08","guid":{"rendered":"https:\/\/www.europesays.com\/ie\/59257\/"},"modified":"2025-09-12T09:55:08","modified_gmt":"2025-09-12T09:55:08","slug":"esl-next-gen-green-methanol-powered-vessel-project-is-on-track","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ie\/59257\/","title":{"rendered":"ESL: Next-gen green methanol-powered vessel project is on track"},"content":{"rendered":"

The project for next-generation methanol-powered vessels, currently under the project name Green Handy, is progressing as scheduled behind the scenes, Finland-based shipowner ESL Shipping revealed. <\/strong><\/p>\n

\"\"Courtesy of ESL Shipping<\/p>\n

Model tests have been carried out at the SSPA facility in Gothenburg to confirm that the vessel\u2019s performance aligns with calculations. <\/p>\n

\u201cThe results not only confirmed but also slightly exceeded our performance targets. The tests provided valuable insights into the hull\u2019s behaviour,\u201d Janne Ekl\u00f6f<\/strong>, Technical Director at ESL Shipping, commented. <\/p>\n

Saila Piipari<\/strong>, previously the site supervisor for the Green Coaster project, has joined the Green Handy project and works in the office before heading to China to oversee construction at the shipyard. <\/p>\n

Before any steel is cut for the new vessels, extensive preparations are needed after signing a building contract. This includes plan approval and finalizing the list of all main suppliers for the vessel, including engines, the hybrid system, and cargo cranes. <\/p>\n

\u201cThe design work is progressing well, and we are working closely with Deltamarin and the shipyard to ensure that the final design meets our requirements,\u201d Technical Superintendent Piipari said. <\/p>\n

\u201cOur success in newbuilding projects stems from maintaining ship management and shipbuilding expertise in-house. These projects also provide excellent opportunities for internal job rotation,\u201d Mikki Koskinen<\/strong>, Managing Director, noted. <\/p>\n

Steel production for the vessels is scheduled to begin in the summer of 2026, with the delivery of the first vessel planned for the third quarter of 2027.<\/p>\n

To remind, ESL Shipping placed an order for four methanol-fueled bulk carriers at China Merchants Jinling Shipyard (Nanjing) in October last year. The units will be 1A ice-class vessels. The ships can be operated entirely fossil-free by using green hydrogen-based e-methanol or biomethanol.<\/p>\n

Once completed, they will feature a length of 149.9 meters and a width of 23.77 meters. <\/p>\n

Earlier this year, ESL Shipping signed a \u20ac70 million loan agreement with Swedish finance provider Svenska Skeppshypotek to partially finance the series of four 17,000 dwt Handysize vessels.<\/p>\n

In April 2025, the company also signed<\/a> a 10-year, \u20ac45 million loan agreement with the Nordic Investment Bank (NIB) to finance the construction of the four newbuilds.<\/p>\n

\t\t\t\t\"OE<\/p>\n

\t\t\t\ud835\udc0f\ud835\udc28\ud835\udc30\ud835\udc1e\ud835\udc2b \ud835\udc18\ud835\udc28\ud835\udc2e\ud835\udc2b \ud835\udc01\ud835\udc2b\ud835\udc1a\ud835\udc27\ud835\udc1d \ud835\udc16\ud835\udc22\ud835\udc2d\ud835\udc21 \ud835\udc0e\ud835\udc1f\ud835\udc1f\ud835\udc2c\ud835\udc21\ud835\udc28\ud835\udc2b\ud835\udc1e \ud835\udc04\ud835\udc27\ud835\udc1e\ud835\udc2b\ud835\udc20\ud835\udc32 \u2935\ufe0f<\/p>\n

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\ud835\udc09\ud835\udc28\ud835\udc22\ud835\udc27 \ud835\udc2e\ud835\udc2c \ud835\udc1f\ud835\udc28\ud835\udc2b \ud835\udc1b\ud835\udc22\ud835\udc20\ud835\udc20\ud835\udc1e\ud835\udc2b \ud835\udc22\ud835\udc26\ud835\udc29\ud835\udc1a\ud835\udc1c\ud835\udc2d \ud835\udc1a\ud835\udc27\ud835\udc1d \ud835\udc1a\ud835\udc26\ud835\udc29\ud835\udc25\ud835\udc22\ud835\udc1f\ud835\udc32 \ud835\udc32\ud835\udc28\ud835\udc2e\ud835\udc2b \ud835\udc29\ud835\udc2b\ud835\udc1e\ud835\udc2c\ud835\udc1e\ud835\udc27\ud835\udc1c\ud835\udc1e \ud835\udc22\ud835\udc27 \ud835\udc2d\ud835\udc21\ud835\udc1e \ud835\udc21\ud835\udc1e\ud835\udc1a\ud835\udc2b\ud835\udc2d \ud835\udc28\ud835\udc1f \ud835\udc2d\ud835\udc21\ud835\udc1e \ud835\udc28\ud835\udc1f\ud835\udc1f\ud835\udc2c\ud835\udc21\ud835\udc28\ud835\udc2b\ud835\udc1e \ud835\udc1e\ud835\udc27\ud835\udc1e\ud835\udc2b\ud835\udc20\ud835\udc32 \ud835\udc1c\ud835\udc28\ud835\udc26\ud835\udc26\ud835\udc2e\ud835\udc27\ud835\udc22\ud835\udc2d\ud835\udc32!<\/p>\n","protected":false},"excerpt":{"rendered":"The project for next-generation methanol-powered vessels, currently under the project name Green Handy, is progressing as scheduled behind…\n","protected":false},"author":2,"featured_media":59258,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[74],"tags":[42643,20443,18,42644,42645,19,17,82],"class_list":{"0":"post-59257","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-technology","8":"tag-bulker","9":"tag-decarbonization","10":"tag-eire","11":"tag-esl-shipping","12":"tag-green-methanol","13":"tag-ie","14":"tag-ireland","15":"tag-technology"},"share_on_mastodon":{"url":"","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/59257","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/comments?post=59257"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/59257\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media\/59258"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media?parent=59257"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/categories?post=59257"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/tags?post=59257"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}