Shanghai Port ramps up LNG and methanol bunkering to achieve ‘double-million’ target
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by Admin
Shanghai International Port Group (SIPG) recently said Shanghai Port’s goal is to reach an LNG bunkering capacity of 1 million cubic meters (m3) and a green methanol bunkering capacity of 1 million metric tonnes (mt) by 2030, achieving a “double-million” target.
Shanghai Port has completed 125 bonded LNG bunkering operations for international vessels, with a total bunkering volume of 730,000 m3 in 2024.
“LNG bunkering services are becoming regular services at the port, with expected annual bunkering volume reaching 450,000 m3 in 2024, a growth of over 70%,” it said.
Shanghai Port is also on track to achieve full coverage of LNG bunkering for its container terminals.
In April last year, Shanghai Port successfully completed China’s first green methanol bunkering operation for a large container vessel, marking a historic milestone for China.
Shipping giant A.P. Moller – Maersk (Maersk) announced the first green methanol bunkering with simultaneous cargo and bunkering operations in China, involving its containership Astrid Maersk.
By 2025, Shanghai Port will establish regular green methanol bunkering services.
Currently, Shanghai Port operates two LNG bunkering vessels and one methanol bunkering vessel, with plans to add one more of each soon.
Manifold Times previously reported SIPG signing a Memorandum of Understanding (MoU) with Korea-based integrated logistics company HMM to cooperate in the supply of clean marine fuel, focusing on bunkering methanol and LNG at Shanghai Port.
In 2023, SIPG also signed a MoU with Maersk to explore green methanol fuel vessel-to-vessel bunkering operation after the delivery of Maersk’s green methanol container vessels in 2024.
Related: Historic first for China with first green methanol bunkering op of “Astrid Maersk”
Related: HMM and SIPG ink MoU for methanol and LNG bunkering in Shanghai Port
Related: Maersk and Shanghai International Port ink deal on green methanol bunkering
Related: CMA CGM achieves 100th SIMOPS LNG bunkering operation in Shanghai
Photo credit: Shanghai International Port Group
Published: 7 January, 2025
