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Methanol Institute: Progress as a marine fuel continues across supply chain (Week 15, 8-14 April 2024)

Some quarters of the industry continue to express high level issues around bunkering quality standards, training and availability.

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Chris Chatterton, Chief Operating Officer of The Methanol Institute, provides an exclusive weekly commentary on developments related to the adoption of methanol as a bunker fuel, including significant related events recorded during the week, for the readers of bunkering publication Manifold Times:

Methanol’s positive progress as a marine fuel continues across the supply chain and shipping sectors, with buyers, suppliers and users all advancing plans for adoption and safe handling.

Some quarters of the industry continue to express high level issues around bunkering quality standards, training and availability – all issues that MI has either completed work on or can provide insight and support.

Elsewhere, work continues to increase the reach of methanol as a fuel and its role in lower carbon emissions. With an increasing share of the industry capable of using methanol as fuel, more designs are coming off the drawing board or achieving class approval, increasing the options for maritime industry stakeholders.

Methanol marine fuel related developments for Week 15 of 2024:

VPS Panel Session Highlights Challenges with Methanol Bunker Fuel Adoption in Shanghai

Date: April 10, 2024

Key Points: A recent seminar organized by VPS in Shanghai focused on the use of methanol as a marine fuel, where various industry experts discussed its challenges and advancements. Key participants included representatives from Chimbusco, the Methanol Institute, Green Marine Group, VPS, DNV, and GARD. They covered topics such as the limited availability of green methanol, the need for methanol bunkering standards, and the importance of safety and training in handling new fuels. Chimbusco highlighted efforts to improve methanol supply at ports and develop quality standards. The Methanol Institute addressed the market gap between methanol supply and demand, noting the increasing number of vessels needing methanol. Green Marine Group emphasized safety in the maritime energy transition, particularly with new fuels like methanol and ammonia. VPS and DNV discussed ensuring safety and quality in methanol bunkering, leveraging existing industry standards. Lastly, GARD spoke on the changing risk profiles due to new fuels, stressing the importance of crew training and insurer engagement to manage these risks effectively. This session underlined the collaborative effort required to support the maritime industry’s shift towards decarbonization while maintaining safety standards. 

Blueprints Revealed for Cruise Ship Powered by Wind and Methanol

Date: April 10, 2024

Key Points: Norway-based YSA Design has introduced a concept for a sustainable catamaran cruise ship named Seabreeze, catering to luxury cruise guests. This innovative design features transparent bays between the hulls, allowing guests to view the sea directly beneath them. The ship combines environmental friendliness and modern technology by utilizing foldable sails and engines that run on biomethanol for propulsion. Additionally, it includes a hybrid drive system for silent running on battery power. Designed to accommodate 200 guests and 155 crew members, the Seabreeze’s dimensions allow it to navigate shallow waters, making it ideal for reaching less accessible destinations. This project reflects the cruise industry’s shift towards sustainability and the need to offer unique experiences to environmentally conscious travellers.

Maersk’s New Boxship Takes On Methanol for the First Time in China

Date: April 12, 2024

Key Points: The new 16,000 TEU container ship from AP Moller-Maersk, named Astrid Maersk, has recently completed its first methanol refueling in China at the port of Yangshan, Shanghai. This event, announced on Maersk’s website, marks a significant milestone as it represents the first instance of green methanol bunkering in the country. The vessel, which was just named last week in Yokohama, is part of Maersk’s commitment to sustainability and its efforts to lead in decarbonizing global logistics. Silvia Ding, Maersk’s Managing Director for Greater China, highlighted this event as a critical development in building the necessary green methanol infrastructure and emphasized the company’s dedication to innovative solutions for a greener future.

Bureau Veritas Grants Approval for Methanol Fuel System

Date: April 10, 2024

Key Points: Bureau Veritas, a classification society, has given preliminary approval to a methanol dual-fuel system designed by Sasaki Shipbuilding for a 9,000 DWT general cargo vessel. This approval in principle (AiP) underlines the feasibility of using methanol as a sustainable fuel option not only for larger ships but now also for smaller vessels. This achievement highlights Sasaki Shipbuilding’s ongoing efforts to innovate within the maritime industry by developing ships that can utilize alternative fuels, thus contributing to the industry’s broader sustainability goals. This move reinforces the potential of methanol for environmentally friendly propulsion across various maritime applications.

Development of Methanol Bunkering Platform Scheduled for China

Date: April 4, 2024

Key Points: Green Marine is set to enhance the methanol fuel market in China with the launch of a new trading platform, following a strategic agreement with the China (Shanghai) Pilot Free Trade Zone Lingang Special Area Administration. This initiative will feature the creation of a methanol bunkering training and certification center in Lingang and the development of an online “Green Fuels Trading Platform.” This platform will provide essential tools for managing methanol price fluctuations and facilitating methanol transactions, aiming to improve the allocation of green fuel resources in Shanghai and establish a top-tier green shipping fuel service ecosystem. The move comes as methanol gains popularity as a marine fuel, with increasing demand from various shipping segments. Efforts are being intensified to scale up the green methanol supply to meet the needs of new methanol-fueled vessels entering service.

Upcoming Product Tankers to Feature Batteries, Wing Sails, and Methanol Engines

Date: April 11, 2024

Key Points: A new series of refined product tankers set to be introduced in Europe will be equipped with various advanced features aimed at enhancing environmental sustainability. These vessels will incorporate a battery system, wind-assisted propulsion, and methanol-fueled engines, as announced by the French shipping company EuroGreen Maritime, which has entered into a seven-year charter agreement with Norway’s Equinor. Designed by LMG Marin France, these dual-fuel MR IMO II chemical tankers will also feature OceanWings® for reduced fuel consumption, a large battery pack for better power management, and a shore power connection to minimize emissions during port operations. Managed by V.Ships France and flagged under France, the tankers are scheduled for delivery from the Wuhu Shipyard in Weihai, China starting in the first half of 2026. This initiative is part of EuroGreen and Equinor’s broader strategy to diminish the environmental impact of maritime operations. 

Green Fuels Powered 3% of Maersk’s Container Shipments in 2023

Date: April 12, 2024

Key points: AP Moller-Maersk reported an uptick in its use of green fuels for shipping containers, with 3% of its shipments in 2023 powered by such fuels, up from 2% in the previous year. The company aims to increase this to 25% by 2030, defining green fuels as those that achieve at least 65% reduction in lifecycle GHG emissions compared to traditional fossil fuels. The recent increase was primarily fueled by higher usage of biofuel blends and the incorporation of methanol-fueled vessels, including one 2,100 TEU feeder vessel and two 16,000 TEU ships. Maersk is actively working on securing more green methanol and other sustainable fuels to meet its future goals and is also exploring the use of green ammonia and other potential eco-friendly fuels for future operations.

 

Photo credit: The Methanol Institute
Published: 24 April 2024

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Western Baltic Engineering unveils green methanol bunkering vessel design for Klaipėda

Designed for flexible operations in shallow waters and local bunkering routes, the concept features an 800-metric-tonne green methanol capacity and the potential to supply up to 250,000 mt annually.

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Western Baltic Engineering unveils green methanol bunkering vessel design for Klaipėda

Ship design and engineering service provider Western Baltic Engineering on Thursday (16 July) showcased its latest concept design for a green methanol bunkering vessel, developed for the operational needs of the Port of Klaipėda.

Designed for flexible operations in shallow waters and local bunkering routes, the concept features an 800-metric-tonne green methanol capacity and the potential to supply up to 250,000 metric tonnes (mt) annually. 

“It is Western Baltic Engineering’s first concept dedicated exclusively to green methanol bunkering, expanding our portfolio of alternative-fuel vessel solutions,” the company said in a social media post.

“Building on our experience in methanol-ready vessel design, it reflects our continued focus on enabling the industry’s transition to cleaner fuels.”

“As the maritime sector evolves, engineering companies have a responsibility not only to respond to market needs but also to anticipate future challenges,” said Marius Arkusauskas, Director at Western Baltic Engineering.

“By exploring emerging technologies and alternative fuel applications, we help our partners prepare for the next generation of maritime operations while contributing to a more sustainable future.”

 

Photo credit: Western Baltic Engineering
Published: 20 July, 2026

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China launches methanol shipping supply chain alliance to accelerate green transition

Marine fuel suppliers in the alliance include Sinopec Fuel Oil Sales, China Marine Bunker (PetroChina), SIPG Energy (Shanghai), and Shenzhen Port Energy Development.

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China Waterborne Transport Research Institute under the Ministry of Transport and China Transport News recently jointly launched a Methanol Fuel Shipping Supply Chain Innovation Alliance with 20 organisations spanning the shipping, port, energy, equipment, research and industry association sectors.

The alliance was officially announced during the main event of China Maritime Day 2026 on 11 July, where members also released a joint initiative to develop a collaborative methanol-fuelled shipping supply chain.

The alliance aims to implement China’s national strategy for green economic transformation and support the Ministry of Transport’s “One Network, Four Modernisations” initiative by building a safe, efficient, economical and reliable methanol marine fuel supply chain

Under the joint initiative, alliance members pledged to align with China’s national decarbonisation strategy by promoting methanol as a key pathway for the shipping sector’s green transition and optimising the industry’s energy mix.

The members also pledged to strengthen collaboration across the supply chain to improve coordination between bunker fuel production, transportation and end users while advancing technological innovation.

Lastly, the alliance will support the development of policies, planning and technical standards, promote resource sharing and joint research, and accelerate the large-scale adoption of methanol as a marine fuel.

The alliance brings together companies and organisations representing the entire methanol shipping supply chain.

Members include shipping and port members such as China Changjiang National Shipping (Group) Corporation, COSCO Shipping Bulk Co., Ltd., Shandong Port Group, and Wuhan Chuangxin Jianghai Shipping Co., Ltd.

Energy companies in the alliance include Sinopec Chemical Commercial Holding Company Limited and Methanex Corporation.

Marine fuel suppliers including Sinopec Fuel Oil Sales, China Marine Bunker (PetroChina), SIPG Energy (Shanghai) Co Ltd and Shenzhen Port Energy Development Co Ltd are also part of the alliance. 

Equipment manufacturers in the alliance are CSSC 711th Research Institute, CSSC Power (Group) Corporation Ltd and Chongqing Hongjiang Machinery Co Ltd.

Research, media and industry organisations participating in the alliance include the China Waterborne Transport Research Institute, China Transport News, and the Methanol Institute.

The Methanol Institute said methanol is moving beyond individual projects towards coordinated action across the entire value chain. 

“And China continues to play a leading role in advancing methanol as a marine fuel,” it said in a social media post.  

“We’re proud to work alongside our fellow alliance members to help strengthen the methanol supply chain and support the continued growth of methanol as a marine fuel.”

 

Photo credit: David Yu from Pixabay
Published: 17 July, 2026

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MTF releases new safety guidelines for methanol-fuelled ships

Recognising that methanol as a marine fuel remains at an early stage of adoption, the guidelines place particular emphasis on risk-based decision-making, continuous improvement and organisational agility.

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The Maritime Technologies Forum (MTF) recently announced the publication of new guidelines to support companies in developing new Safety Management Systems (SMS) and strengthening existing SMS for ships using methanol as marine fuel.

As the maritime industry accelerates its decarbonisation efforts, low-carbon methanol has emerged as one of the most scalable alternative fuel options. 

Its liquid state under ambient conditions, compatibility with existing fuel infrastructure, and increasing industry adoption make methanol an attractive near-term solution. However, its toxicity, low flashpoint and invisible vapour and flame characteristics introduce new safety challenges for the maritime industry that require enhanced procedural controls and risk management measures for safe operations.

“Developed collaboratively by MTF members and industry stakeholders with expertise in methanol fuel technologies and the International Safety Management (ISM) Code, the guidelines provide methanol-specific recommendations across all functional areas of an SMS,” MTF said in a statement. 

Recognising that methanol as a marine fuel remains at an early stage of adoption, the guidelines place particular emphasis on risk-based decision-making, continuous improvement and organisational agility. 

The guidelines emphasised the importance of learning from hazardous occurrences, near-misses and accidents involving methanol fuel.

The report also highlighted the importance of developing versatile SMS frameworks capable of supporting mixed-fuel operations during the transition period, where both conventional fuels and methanol may be carried and used onboard.

Human factors are identified as a critical element in ensuring safe methanol operations. The guidelines recommend that companies assess competency, training, familiarisation and resource requirements based on individual roles and responsibilities.

By providing clear, practical recommendations aligned with the ISM Code, the new MTF guidelines aim to support the safe and effective adoption of methanol as fuel while enabling the maritime industry’s transition towards lower-carbon shipping.

Note: The new guidelines can be viewed here.

 

Photo credit: CHUTTERSNAP on Unsplash
Published: 17 July, 2026

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