General – SOV Methanol
Ørsted and ESVAGT have signed an agreement for a sister vessel to the world’s first methanol-powered service operation vessel (SOV), which was announced in 2022.
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The SOV will be ready for launch in 2026, where it will operate out of Ørsted’s UK East Coast Hub on a 10-year contract.
The new SOV will be powered by dual-fuel engines, capable of sailing on renewable e-methanol produced from renewable energy and biogenic carbon, which will lead to a yearly carbon emissions reduction of approx. 4,500 tonnes.
Ørsted has established itself as a pioneer in the field of green maritime fuels by taking Europe’s largest final investment decision on a renewable e-methanol facility, FlagshipONE in Sweden, and Ørsted expects to supply its own methanol for both of the SOVs.
Several other maritime companies have placed orders on methanol-powered vessels, demonstrating that the demand for green fuels is materialising rapidly.