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.
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.