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Methanol Institute: Advancements and partnerships driving sustainability (Week 17, 22-28 April 2024)

Industry continues to explore new vessel technologies, strategic partnerships, and innovative research advancing maritime sustainability through methanol.

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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:

With methanol as a fuel widely accepted by the shipping community as an alternative to fuel oil that can reduce carbon emissions and virtually eliminate air pollution, the focus is turning to logistics and supply. Growing production of renewable methanol is critical to building a supply base that can serve a larger proportion of dual fuel vessels across a stronger supply chain.

The addition of StormFisher to the MI membership is an important signal that momentum of renewable production is growing. Meanwhile at the point of delivery, new standards, guidance, training – and new markets – for methanol bunkering are a concrete illustration of the appetite of the shipping and marine sector’s desire to adopt methanol safely and efficiently.

Methanol marine fuel related developments for Week 17 of 2024:

StormFisher Hydrogen Ltd. Joins Methanol Institute as Latest Member

Date: April 22, 2024

Key Points: On April 22, the Methanol Institute announced StormFisher Hydrogen Ltd. as its latest member. StormFisher, a North American firm, specializes in producing clean hydrogen, e-methane, e-methanol, and green ammonia through electrolysis, contributing to local energy security and enabling export possibilities to Asia Pacific and European markets. Both CEOs expressed enthusiasm for the partnership, highlighting StormFisher’s role in advancing methanol as a sustainable solution for decarbonization in hard-to-abate sectors and shaping global clean energy policies.

Singapore Developing National Standards for Ammonia and Methanol Handling

Date: April 22, 2024

Key Points: Singapore is developing national standards for the safe handling of methanol and ammonia as bunker fuels. These efforts, spearheaded by the Maritime and Port Authority and Enterprise Singapore through the Singapore Standards Council, will cover safety operations, custody transfer, and crew training requirements. The initiative aims to support the maritime industry’s transition to green energy, enhancing services in legal contracting, financing, and risk management. These standards are expected to be published next year, with contributions from industry stakeholders like MAN Energy addressing the need for consistent regulations.

ABS Publishes New Guide on Methanol Bunkering

Date: April 22, 2024

Key Points: ABS has released a new guide titled “Methanol Bunkering: Technical and Operational Advisory,” addressing the unique challenges of methanol as a marine fuel. This guide provides insights and strategies for safe methanol bunkering, leveraging ABS’s experience with methanol-fueled vessels and ongoing projects. It is designed to aid shipowners, operators, and shipyards with operational, design, and training aspects of methanol use. The guide is freely available and aims to support the maritime industry’s safe transition to methanol fuel. You can access it here.

Methanol Bunkering Expands to Yacht Sector

Date: April 23, 2024

Key Points: Yachts are poised to adopt methanol as an alternative bunker fuel. Bureau Veritas has given preliminary approval to Feadship, a shipyard company, to develop methanol-fueled yachts. This endorsement, highlighted by Dubravka Zaja of Bureau Veritas on LinkedIn, reflects the growing popularity of methanol in maritime sectors, particularly after its adoption in the container segment. The challenge now is scaling up the supply of green methanol to meet the demand from new methanol-powered vessels across various shipping sectors.

Peninsula Introduces Biofuel Bunkering Vessel to Barcelona Operations

Date: April 24, 2024

Key Points: Peninsula, a global marine fuel supplier, has enhanced its Barcelona operations by adding the IMO II chemical tanker Aalborg, capable of handling up to 100% biofuel blends. This addition enables the blending of various biofeedstocks and conventional fuels onboard, supporting the Port of Barcelona’s commitment to decarbonization and compliance with EU regulations. This move aligns with the port’s Energy Transition Plan, promoting alternative fuels like LNG, green methanol, and green ammonia to reduce the maritime sector’s carbon footprint. 

Maersk and Green Marine’s New Collaboration Targets Leadership in Alt-Bunker Fuels Training

Date: April 24, 2024

Key Points: Maersk Training and Green Marine have partnered to form “Maersk Training powered by Green Marine,” aiming to lead in training for alternative bunker fuels amid growing demand. Initially focusing on methanol, this collaboration combines Green Marine’s methanol expertise with Maersk’s extensive training capabilities. The initiative will offer a range of training methods including simulations, online courses, and instructor-led classes, addressing the urgent need for decarbonization skills in the maritime industry.

Battery-Powered Ferries to Service UK-Continental Routes by 2030

Date: April 25, 2024

Key Points: DFDS, a ferry operator, is advancing its commitment to greener transportation by planning to launch six battery-powered ferries on UK-Continental routes, including vessels fueled by methanol, ammonia, and electricity. The first two battery-powered ships are expected to begin operations on the Eastern Channel by 2030. This initiative is part of a broader strategy to decarbonize cross-Channel transportation, involving cooperation with ports and government bodies on both sides of the Channel. DFDS currently operates 12 routes connecting the UK with various Continental ports.

MPCC Secures Green Financing for Methanol-Powered Newbuilds

Date: April 25, 2024

Key Points: Norway’s MPC Container Ships ASA (MPCC) has successfully arranged Sustainable Finance for two dual-fuel methanol-powered vessels, scheduled for delivery later this year. The $55 million financing agreement was made with Deutsche Bank and SINOSURE. Although green methanol supply is currently limited, these vessels qualify for Sustainable Finance due to their capability to operate on green methanol, aligning with Deutsche Bank’s Sustainable Finance Framework criteria. The vessels, each costing $39 million, were ordered from Taizhou Sanfu Ship Engineering in China. The loan is set to mature in 2036.

 

Photo credit: The Methanol Institute
Published: 3 May 2024

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World Fuel and partners complete first green methanol bunkering of car carrier in Shanghai

Operation involved the delivery of approximately 2,800 MT of green methanol to “Arctic Tern” via a ship-to-ship transfer using SIPG Energy’s dedicated methanol bunkering vessel “M/V Hai Gang Zhi Yuan”.

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World Fuel and partners complete first green methanol bunkering of car carrier in Shanghai

Marine fuel provider World Fuel on Tuesday (21 July) said it successfully completed the first green methanol bunkering of M/V Arctic Tern, with EUKOR Car Carriers and SIPG Energy at the Port of Shanghai. 

Arctic Tern is the first vessel in the new Shaper Class series of car carriers. 

The operation involved the delivery of approximately 2,800 MT of green methanol to Arctic Tern via a ship-to-ship transfer using SIPG Energy’s dedicated methanol bunkering vessel M/V Hai Gang Zhi Yuan, the largest vessel of its kind in operation. 

The bunkering operation was carried out at Haitong Terminal, Waigaoqiao Port Area, Shanghai Port, with cargo handling operations conducted simultaneously during bunkering.

This marks EUKOR Car Carriers’ first green methanol operation and the first time Arctic Tern has bunkered methanol since its delivery on 9 July. The operation marked the first bunkering at Shanghai Port of green methanol produced locally in Shanghai for an international PCTC operator. 

It also demonstrated the city’s integrated green methanol value chain, spanning local production, storage and bunkering, and established a replicable “Shanghai Model” for green methanol supply.

World Fuel arranged the supply and delivery of the fuel on behalf of EUKOR Car Carriers, working with SIPG Energy as the physical supplier at the Port of Shanghai.

The green methanol supplied was produced from municipal solid waste, ISCC-EU certified, and had a carbon intensity value below 25 gCO₂e/MJ.

Arctic Tern is the first of fourteen Shaper Class vessels ordered by Wallenius Wilhelmsen. With a capacity of 9,300 car equivalent units and methanol dual-fuel capability, the vessel will be operated by EUKOR Car Carriers, jointly owned by Wallenius Wilhelmsen and Hyundai Motor Group. Following her first green methanol bunkering, Arctic Tern will continue her maiden voyage from Asia to Europe.

Xavier Leroi, COO Shipping Services at Wallenius Wilhelmsen and CEO of EUKOR Car Carriers, said: “Completing Arctic Tern’s first green methanol bunkering shortly after delivery is a significant milestone towards our decarbonisation ambition for both EUKOR Car Carriers and Wallenius Wilhelmsen. It demonstrates how investments in next-generation vessel technology and fuel flexibility are being translated into real-world operations. 

“This achievement reflects the strong collaboration between all parties involved. Together, we have shown how partnerships across the maritime value chain can help make lower-emission fuels available and operationally viable at scale.”

Mark Tamsitt, SVP Global Marine Sales at World Fuel, said, “The first bunkering event with a new fuel is a significant moment for any shipowner, and our role is to make it as seamless as possible. By connecting EUKOR Car Carriers with SIPG Energy’s proven green methanol capability at the Port of Shanghai, we were able to deliver on reliable supply, fuel quality, and safe processes. As more of our customers bring methanol dual-fuel tonnage into service, we are committed to being the partner that makes these kinds of operations routine.”

Mr. Zhang Da, General Manager of SIPG Energy, said, “Welcoming Arctic Tern to the Port of Shanghai for her first green methanol bunkering demonstrates the strength and maturity of our supply capability. Building on our well-established methanol ship-to-ship bunkering services for container vessels, we have already extended such services to pure car and truck carriers (PCTCs). This bunkering sets a new record for the largest single SIMOPs green methanol bunkering for PCTCs in China, marking another step in building Shanghai’s position as a global green energy hub for international shipping.”

This operation follows Wallenius Wilhelmsen’s announcement on 9 July that Arctic Tern would complete her first methanol bunkering shortly after delivery. The vessel entered service on routes between Asia and Europe immediately following handover from China Merchants Jinling Shipyard in Nanjing.

 

Photo credit: World Fuel
Published: 22 July, 2026

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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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