Hong Kong shipowner Wah Kwong Maritime Transport’s subsidiary, Venture Energy Limited (Venture Energy), on Friday (10 July) said it recently facilitated the largest single green methanol bunkering operation conducted in Hong Kong to date. 

Bunkering barge Da Qing 268 supplied 1,000 metric tonnes (mt) of green methanol to RoRo vessel CM Shenzhen belonging to China Merchants Guangzhou RoRo Shipping Co., Ltd. (CM RoRo), with Sinopec (Hong Kong) Limited (Sinopec HK). 

The operation utilised green methanol from Shanghai Shenji Energy & Environmental Technology Co., Ltd. (Shenji Energy), a subsidiary of Shenergy Group and Venture Energy Limited (Venture Energy) arranged the delivery.

“This milestone highlights Venture Energy’s supply capabilities to bridge growing demand in the Greater Bay Area with diversified supply sources across North and East China, contributing to the development of a reliable and scalable green marine fuel supply chain for the region,” the company said. 

Through close collaboration with Sinopec HK and other industry partners, Venture Energy helped ensure the safe and efficient delivery of green methanol to Hong Kong’s bunkering market.

The successful operation further strengthens Hong Kong’s position as an international maritime centre and an emerging green fuel bunkering hub. It also demonstrates the Greater Bay Area’s potential to establish a competitive, integrated and sustainable marine fuel ecosystem covering production, logistics, storage, bunkering and end-use applications.

Venture Energy will continue to collaborate with strategic partners across the green fuel value chain to support future bunkering operations and contribute to the development of low-carbon maritime Solutions.

Photo credit: Venture Energy
Published: 13 July, 2026

Rotterdam-based storage terminal owner VTTI, co-owned by Vitol, IFM, and Adnoc, on Thursday (9 July) said its Dalian terminal has successfully completed its first commercial vessel loading of large-scale green methanol, marking an important milestone under its long-term green methanol storage and handling contract. 

This milestone represents an important step in establishing Northeast China as a key logistics hub for sustainable marine fuels. 

The cargo will be supplied as marine fuel upon arrival in Shanghai, supporting the development of low-carbon shipping. 

Janice Kuan, Senior Vice President Commercial at VTTI, said: “This milestone reflects our continued commitment to enabling the energy transition. By supporting long-term green methanol storage and handling at VTTI Dalian, we are helping our partners build reliable supply chains for cleaner marine fuels while advancing VTTI’s strategy to lead in sustainable infrastructure.” 

Strategically located at Dalian Port – the only main port for Northeast China – VTTI Dalian is an independent public terminal serving chemical producers and traders inland. 

With four jetties for vessels up to 50,000 DWT, dedicated chemical storage, and multimodal access, the terminal is a critical logistics hub for sustainable fuel distribution.

Photo credit: VTTI
Published: 10 July, 2026

Global provider of marine energy solutions KPI OceanConnect on Thursday (9 July) announced its financial results for the year 2025/2026. 

The company delivered 13 million metric tonnes (mt) of marine fuel, increasing revenue to USD 6.2 billion and Earnings Before Tax increased by 21% to USD 10.9 million. 

“The results reflect a year of strong operational performance, business expansion and continued investment in supporting the maritime industry’s energy transition amid heightened volatility,” it said. 

In January this year, the company completed the strategic integration of marine fuel company Baseblue into KPI OceanConnect. The move strengthens the company’s global footprint, aligns regional teams more closely and enhances its ability to deliver consistent service, and greater value to customers worldwide.

“By integrating Baseblue, investing in our people and expanding both our advisory and digital capabilities, we have further enhanced our ability to help customers navigate market volatility, regulatory change and the practical realities of the energy transition. The results for the year reflect the strength of our partnerships, the dedication of our teams and the trust our customers place in us every day,” said Dorthe Bendtsen, CEO of KPI OceanConnect.

In response to geopolitical and regulatory challenges over the past year, including the effective closure of the Strait of Hormuz, KPI OceanConnect continued to invest in the expertise, technology and capabilities required to support customers in developing fuel and compliance strategies aligned with their commercial and operational objectives. 

Through its Alternative Fuels & Carbon Markets team, the company expanded support for customers seeking guidance on biofuels, LNG, methanol, carbon compliance and FuelEU Maritime strategies. KPI OceanConnect also saw growing demand for EU Allowance (EUA) trading and FuelEU Pooling solutions, trading more than two million EUAs during the year and helping 250 shipowners and operators identify practical and commercially viable pathways to compliance.

The company continued to leverage the strength of the Bunker Holding Group’s global supply network, which today provides access to biofuel solutions in more than 250 ports worldwide. This extensive infrastructure enables customers to access lower-carbon fuel options where and when they need them, supporting both compliance and commercial objectives while helping prepare for the evolving regulatory landscape.

“The industry is operating in a period where energy, regulatory and geopolitical risks are increasingly interconnected,” said Dorthe Bendtsen. 

“Our role is to help customers navigate these complexities by providing market insight, compliance expertise and access to a broad range of fuel and risk management solutions.”

Related: Baseblue fully integrates into KPI OceanConnect

Photo credit: KPI OceanConnect
Published: 10 July, 2026