Singapore: TotalEnergies Marine Fuels, Green Marine to study methanol bunkering supply chain

Alternative Fuels

Published Wed, 28th June 2023
by Admin

Both signed a MoU on a joint development study on methanol as a new bunker fuel, they will study feasibility to implement a viable methanol bunkering supply chain in the country.

TotalEnergies Marine Fuels and Green Marine Bunkering on Tuesday (27 June) announced they have entered a memorandum of understanding (MoU) on a joint development study on methanol as a new marine fuel in Singapore.

Building on the combined experience and knowledge of both companies in bunkering operations, methanol production, decarbonisation solutions and safe handling practices, TotalEnergies Marine Fuels and Green Marine Bunkering will study the feasibility to implement a viable methanol bunkering supply chain in the country.

Louise Tricoire, Vice President of TotalEnergies Marine Fuels, said: “We are excited to join forces with Green Marine Bunkering for this joint initiative, to advance our development of methanol as a safe, efficient and scalable bunkering solution in Singapore. This joint study is in line with our goal to offer our customers a suite of alternative sustainable fuels that will support the shipping industry’s decarbonisation journey.”

Morten Jacobsen, Group CEO of GREEN MARINE, said: “GREEN MARINE’s team of methanol experts has world leading expertise in using methanol as marine fuel and technical operations of methanol dual fuel MR tankers since the first vessels were delivered in 2016. We are extremely proud of engaging with TotalEnergies Marine Fuels in this methanol bunkering project in Singapore, which is imperative for the further acceleration of shipping’s transition to a cleaner future through methanol powered technologies.”

TotalEnergies Marine Fuels said shipowners are increasingly interested in methanol as a marine fuel.

“Industry data showed methanol was the second most popular alternative fuel choice for new vessel orders in 2022. In the container ship segment, duel-fuelled methanol boxships orders have grown faster than all other orders. Methanol-fuelled vessels can use all types of methanol from grey methanol, more sustainable blue methanol, to carbon emission-neutral green methanol,” it said.

TotalEnergies Marine Fuels joined the Methanol Institute last year to connect with the methanol ecosystem, specifically with companies sharing decarbonisation goals, and identify opportunities of partnerships that will help advance and standardise the application of methanol as a marine fuel.

Currently, TotalEnergies produces approximately 700 KT per year of methanol in Germany and is working on various projects related to low-carbon methanol technologies. One of TotalEnergies initiative is the e-CO2Met, a pilot project launched in June 2021 near TotalEnergies’ Leuna refinery in Germany, which will convert CO2 and renewable power into e-methanol.

Photo credit: TotalEnergies Marine Fuels
Published: 28 June, 2023

Singapore: TotalEnergies Marine Fuels, Green Marine to study methanol bunkering supply chain

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