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Methanol

JP Morgan confirms order for two methanol dual-fuel chemical tankers

J.P. Morgan Global Alternative’s Global Transportation Group advised on an order by institutional investors for the two newbuilds; both vessels will be fixed on time-charter to TotalEnergies.

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J.P. Morgan Global Alternative’s Global Transportation Group (JPMGTG) recently announced that institutional investors advised by JPMGTG have concluded an order for two 49,800 deadweight dual-fuel Methanol Chemical IMOII Medium-Range (MR) Newbuilds, to be constructed at Guangzhou Shipyard International (GSI), in China.

Both vessels are scheduled to be delivered in 2026 and will be fixed on time-charter to TotalEnergies.

In line with its commitment to invest in new, leading edge, technologies, with a key focus on reducing GHG emissions, the new order is JPMGTG’s first in the dual fuel methanol space. JPMGTG already has experience in investing in LNG dual fuel vessels and this step into a new fuel type will enable it to set up an additional vector of green transportation.

Growing momentum in methanol-fueled vessels across other sectors such as containerships and dry bulk vessels continues to demonstrate the growing industry view that green methanol is set to become a game changer in the pursuit of net zero targets.

The use of green methanol onboard dramatically reduces pollutants, including Sox, NOx and Particulate Matter (PM), and by capturing ambient CO2 in the production process reduces CO2 emissions by nearly 100% on a net-neutral emissions basis.

Andrian Dacy, Global Head, J.P. Morgan Alternative’s Global Transportation Group, said: “We are excited to be expanding our footprint in a new fuel technology, in line with our GHG reduction investment orientation. We are also pleased to have expanded our partnership with Total Energies, with whom we have developed a range of initiatives across a number of transportation segments. We look forward to working together in supporting TotalEnergie’s global commitment to a clean energy future.”

Jerome Cousin, Senior Vice President Shipping at TotalEnergies, said: “In the midst of the rapid expansion of Methanol as a marine fuel, TotalEnergies is taking a significant step forward by introducing MR tankers propelled by dual fuel methanol technology into our time-chartered fleet. This initiative aligns with the Company’s commitment to reducing the carbon footprint of our shipping activity. With LNG as marine fuel already implemented on our larger size tankers, integrating Methanol in its lower GHG content form, will play a key role in steering the carbon emissions reduction across our fleet.

“We are delighted to extend our enduring partnership with JP Morgan GTG, a like-minded ally dedicated to advancing low-carbon shipping solutions.”

Photo credit: CHUTTERSNAP on Unsplash
Published: 10 October, 2023

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Methanol

Fratelli Cosulich launches methanol-ready bunker tanker in China

Designed with MarineLINE-coated cargo tanks and methanol readiness from the outset, “Carlotta Cosulich” combines operational flexibility with future-fuel readiness.

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Fratelli Cosulich launches methanol-ready bunker tanker in China

Genoa-based marine fuel supplier Fratelli Cosulich on Monday (17 August) announced the launch of its new methanol-ready bunker IMO II tanker, Carlotta Cosulich.

The launch of Carlotta Cosulich, the third of four sister vessels, took place at Taizhou Maple Leaf Shipyard in China, bringing together the project team, partners and stakeholders.

Silvia Bordon, General Manager, served as the vessel’s godmother during the ceremony.

“Designed with MarineLINE-coated cargo tanks and methanol readiness from the outset, Carlotta Cosulich combines operational flexibility with future-fuel readiness,” the company said in a statement. 

Equipped with a five-tonne cargo crane and dedicated arrangements for Single Point Mooring (SPM) operations further enhances her versatility across a wider range of bunkering operations.

“Following the successful delivery of her two sister vessels, she brings us one step closer to completing this four-vessel programme and reinforces Fratelli Cosulich Group’s commitment to safety, innovation, sustainability and operational excellence,” the company added.

 

Photo credit: Fratelli Cosulich
Published: 18 August, 2026

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Alternative Fuels

Germany launches EUR 70 million funding programme for green inland shipping corridors

Eligible projects include the installation of zero- or low-emission propulsion systems on newbuild and existing cargo vessels, as well as investments in port infrastructure for alternative fuels.

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Germany’s Federal Ministry for Transport (BMV) recently opened the first funding call under its new programme for green inland navigation, with up to EUR 70 million (USD 81 million) available for projects to develop green inland shipping corridors.

The funding will support the deployment of zero- and low-emission inland vessels and the development of associated infrastructure. 

Eligible projects include the installation of zero- or low-emission propulsion systems on newbuild and existing cargo vessels, as well as investments in port infrastructure for alternative fuels such as hydrogen, ammonia and methanol.

Funding will also cover facilities for producing renewable electricity and renewable hydrogen, along with storage systems. Infrastructure at transhipment and berthing facilities outside ports, including charging, refuelling and mobile supply equipment, is also eligible.

Companies, municipalities and other economically active organisations based in Germany can apply under the first funding call, which focuses exclusively on establishing green inland shipping corridors. Applications opened on 17 August through the German government’s easy-Online funding portal.

The initiative is also intended to encourage a greater shift of freight and passenger transport to inland waterways, while supporting Germany’s climate targets, European alternative-fuels infrastructure requirements and the long-term competitiveness of the country’s inland shipping sector.

 

Photo credit: Maxime Vandenberge on Unsplash
Published: 18 August, 2026

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Bunker Fuel

Singapore: Bunker fuel sales down by 3.8% on year in July 2026

4.73 million mt of various marine fuel grades were delivered at the world’s largest bunkering port in July, up from 4.92 million mt recorded during the similar month in 2025.

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Singapore: Bunker fuel sales down by 3.8% on year in July 2026

Sales of marine fuel at Singapore port fell by 3.8% on year in July 2026, according to data from the Maritime and Port Authority of Singapore (MPA).

In total, 4.73 million metric tonnes (mt) (exact 4,731,900 mt) of various marine fuel grades were delivered at the world’s largest bunkering port in July, up from 4.92 million mt (4,918,000 mt) recorded during the similar month in 2025.

Deliveries of marine fuel oil, low sulphur fuel oil, ultra low sulphur fuel oil, marine gas oil and marine diesel oil in July (against on year) recorded respectively 1.95 million mt (zero from 1.95 million mt), 2.33 million mt (-2.1% from 2.38 million mt), 1,600 mt (+100% from zero), 700 mt (-82% from 3,900 mt) and zero (from zero).

Singapore: Bunker fuel sales down by 3.8% on year in July 2026

Bio-blended variants of marine fuel oil, low sulphur fuel oil, ultra low sulphur fuel oil, marine gas oil and marine diesel oil in July, (against on year) recorded respectively 8,200 mt (-83.7% from 50,300 mt), 29,900 mt (-62.9% from 80,500 mt), zero (from zero), zero (from zero) and zero (from zero). B100 biofuel bunkers, introduced in February last year, recorded 1,400 mt (-46.2% from 2,600 mt). 

LNG and methanol sales were 58,700 mt (+41.4% from 41,500 mt) and zero (from zero) respectively. There were no recorded sales of ammonia for the month and so far since 2025.

 

Photo credit: Maritime and Port Authority of Singapore
Published: 17 August, 2026

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