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China: Green Marine to develop world’s first methanol bunker fuel trading platform in Lin-gang

Lin-gang Special Area Administration and Green Marine signed an agreement to develop the platform and set up China’s first green methanol training and certification centre in Lin-gang.

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China: Green Marine to develop world’s first methanol bunker fuel trading platform in Lin-gang

The Lin-gang Special Area Administration on Tuesday (2 April) signed a cooperation agreement with multi-disciplinary methanol consultancy Green Marine Group, for the development of the world’s first methanol bunker fuel trading platform. 

Morten Jacobsen, Founder and CEO of Green Marine Group, and Chen Jinshan, Standing Committee Member of the Municipal Party Committee, Secretary of the Party Working Committee of Lin-gang Special Area and Director of the Administration, attended and witnessed the signing ceremony. 

Green Marine Group will develop a methanol marine fuel trading platform for the Lin-gang Special Area to provide upstream and downstream enterprises in the green shipping industry chain with effective tools to manage forward price risks and promote physical transactions of green methanol.

The district will also allocate green fuel resources in both international and domestic markets and build a world-leading green shipping service ecosystem. 

The Green Marine Group will also set up the country's first green methanol training and certification centre in Lingang to provide support for Shanghai to carry out ship-to-ship (STS) methanol bunkering of international sailing ships and help Shanghai to accelerate quality shipping services.

Lin-gang Special Area is actively promoting the green and low-carbon transformation of the international shipping industry. 

On March 1, the Lin-gang Special Area Industrial Alliance for Green Shipping was jointly initiated by the Lin-gang Special Area Administration, Cosco Shipping, State Power Investment Corporation Limited (SPIC), SIPG, China Classification Society, and the Methanol Institute.

Covering 20 relevant units and institutions including shipping and port enterprises, green new energy production and preparation enterprises, green marine fuel suppliers, carbon footprint monitoring and carbon trading institutions, and industrial funds.

The alliance will promote the green and low-carbon transformation of the international shipping industry, exchanges and cooperation between the upstream and downstream of the industrial chain, the formulation of green new energy standards and technology research and development, and contribute to Shanghai Port's improvement of the green shipping industry chain ecology.

Manifold Times previously reported International Bunker Industry Association (IBIA) and Green Marine signing a cooperation agreement to develop a methanol bunkering training programme to further the cause of a skilled and competent bunker workforce, with support from the Methanol Institute.

The plan was to commence the training in Singapore first and expand globally in 2024.

The Methanol Institute also welcomed Green Marine as its member last year.

Lloyd’s Register (LR) joined forces with Green Marine to offer value-adding solutions to maritime stakeholders that aim to build or retrofit and operate vessels with methanol-as-fuel technology, with a prime focus on training.

Green Marine developed experienced-based training delivered by ex-captains and chief engineers with over 100,000 hours of onboard operational experience in methanol dual-fuelled ships. This, coupled with LR’s expertise around rules, risk assessment and risk management, as well as human factors, provides an end-to-end support that is expected to create significant value in practice.

Furthermore, TotalEnergies Marine Fuels and Green Marine Bunkering entered a memorandum of understanding (MoU) last year on a joint development study on methanol as a new marine fuel in Singapore. 

Building on the combined experience and knowledge of both companies in bunkering operations, methanol production, decarbonisation solutions and safe handling practices, TotalEnergies Marine Fuels and Green Marine Bunkering will study the feasibility to implement a viable methanol bunkering supply chain in the country.

Related: LR and Green Marine collaborate on training for handling of methanol bunker fuel
Related: IBIA, Green Marine ink deal to provide methanol bunker training, starting in Singapore
Related: Green Marine joins Methanol Institute, provides crew training for methanol dual-fuel vessels
Related: Singapore: TotalEnergies Marine Fuels, Green Marine to study methanol bunkering supply chain

Disclaimer: The above article published by Manifold Times was sourced from China’s domestic market through a local correspondent. While considerable efforts have been taken to verify its accuracy through a professional translator and processed from sources believed to be reliable, no warranty is made regarding the accuracy, completeness and reliability of any information.

 

Photo credit: Lin-gang Special Area Administration
Published: 4 April 2024

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Methanol

VPS conducts assessment on first SIMOPS methanol bunkering op in Singapore

Firm was appointed by OCI Methanol Europe to conduct a quantity and quality assessment of a methanol bunker fuel delivery to “Eco Maestro” in Singapore.

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VPS conducts assessment on first SIMOPS methanol bunkering op in Singapore

Marine fuels testing company VPS on Tuesday (28 May) said it was appointed by OCI Methanol Europe, part of the OCI Global Group, to conduct a quantity and quality assessment of a methanol fuel delivery to Eco Maestro in Singapore.

Captain Rahul Choudhuri, President Strategic Partnerships, VPS, said VPS survey experts Rafael Theseira and Muhd Nazmi Abdul Rahim were at hand during the methanol bunkering to ensure the 300 metric tonnes of methanol transfer was carried out smoothly, having been involved in the first methanol bunkering a year ago. 

Manifold Times recently reported X-Press Feeders, Global Energy Trading Pte Ltd (GET), and PSA Singapore (PSA) successfully completing the first simultaneous methanol bunkering and cargo operation (SIMOPS) in Singapore.

A X-Press Feeder container vessel, Eco Maestro, on its maiden voyage from Asia to Europe was successfully refuelled with close to 300 mt of bio-methanol by GET, a MPA licensed bunker supplier, using MT KARA

The ISCC-certified bio-methanol used for the SIMOPS was produced by green methanol producer OCI Global and supplied via GET, a ISCC-certified supplier.

Captain Choudhuri said the role of the marine, petroleum or bunker surveyor has evolved over the years in shipping and maritime affairs, but the principles have not - and that is to provide independent assessment of the quality and quantity of the product transfer. 

“This may seem obvious but this quality and quantity control is crucial to avoid commercial discrepancies, shortages or fraud,” he said.

“Safety training is critical and we have been on top of this having completed the required MPA fire-fighting course and the IBIA Methanol training course. We will work more with the Singapore Maritime Academy for trainings in future,” he added.

In August last year, Singapore-headquartered independent common carrier X-Press Feeders launched its first ever dual-fuel vessel Eco Maestro in China.

Manifold Times previously reported VPS stating it was the first company to complete a methanol bunker quantity survey (BQS) operation in Singapore on 27 July last year.

VPS was appointed by Maersk and Hong Lam Marine Pte Ltd, to undertake the very first bunker quantity survey (BQS) of a methanol fuel delivery, supplied by Hong Lam to the Maersk vessel on its maiden voyage to Europe. 

Related: First SIMOPS methanol bunkering operation completed in Singapore
Related: VPS completes quantity survey on Singapore’s first methanol bunkering op
Related: Singapore bunkering sector enters milestone with first methanol marine refuelling op
Related: X-Press Feeders launches its first methanol dual-fuel vessel “Eco Maestro” in China

 

Photo credit: VPS
Published: 29 May 2024

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Methanol

Consortium inks MoU for facility in Egypt to produce green methanol bunker fuel

AD Ports Group, Transmar and Orascom Construction will develop a green methanol storage and export facility, which will provide bunkering solutions for mainliners who have ordered green methanol powered vessels.

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Consortium inks MoU for facility in Egypt to produce green methanol bunker fuel

AD Ports Group, a facilitator of global trade, logistics and industry on Tuesday (28 May) said it signed a memorandum of understanding (MoU) with container shipping line and terminal operator Transmar and global engineering and construction contractor Orascom Construction for the development of a green methanol storage and export facility. 

AD Ports Group said the facility will aim to supply low-carbon fuel for maritime transport, presenting an opportunity to establish clean alternative energy storage solutions globally.

Green methanol is a synthetic fuel produced renewably and without polluting emissions, and can be produced from green hydrogen. This chemical compound can be used as a low-carbon liquid fuel and is a promising alternative to fossil fuels in areas where decarbonisation is a major challenge.  

Aside from the maritime industry, green methanol can help decarbonise other hard-to-abate industries, including chemical and plastics. 

“The addition of a facility in this area will provide bunkering solutions for those mainliners who have ordered green methanol powered vessels and is aligned with AD Ports Group’s overall decarbonisation strategy and expansion into clean energy liquid bulk storage,” the Group added.

Captain Ammar Mubarak Al Shaiba, CEO – Maritime & Shipping Cluster, AD Ports Group, said: "By signing this MoU with Orascom Construction who have vast international experience in bulk liquid terminals for Methanol storage, and Transmar, who have decades of expertise in this region and within terminal operations, AD Ports Group and its subsidiaries are taking a significant step towards the sustainable future of energy.”

“This initiative not only aligns with the UAE's decarbonisation goals but also accelerates the energy transition in shipping, positioning us at the forefront of the green hydrogen revolution and enabling us to contribute to global environmental stewardship and economic diversification."

 

Photo credit: AD Ports Group
Published: 29 May 2024

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Milestone

Singapore: Global Energy celebrates first methanol marine fuel delivery with IMO type II bunker tanker

Approximately 1,340 mt of blended methanol was supplied by GET’s IMO type II bunker tanker “MT Kara” to “Stena Prosperous” on 24 May.

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Singapore: Global Energy celebrates first methanol marine fuel delivery with IMO type II bunker tanker

Singapore accredited bunker supplier Global Energy Trading Pte Ltd (GET) on Friday (24 May) entered a company milestone with its first methanol bunkering operation.

Approximately 1,340 metric tonnes (mt) of blended methanol was supplied by GET’s IMO type II bunker tanker MT Kara to Stena Prosperous, a methanol-powered tanker commercially managed by Proman, after loading from the VOPAK Penjuru Terminal.

A fuel blend of 20% ISCC-certified sustainable bio-methanol and 80% conventional methanol, which reduces carbon emissions by 31% on a tank-to-wake basis compared to using Very Low Sulphur Fuel Oil (VLSFO) for the same journey, was supplied during the bunkering operation.

“This marks a milestone in the history of Singapore’s marine fuel industry, paving the way for the island’s transition to meet its decarbonisation goals of 2030 and beyond,” Wayne Loh, Manager, Commercial Business, GET told Manifold Times.

“Our joy of success is shared with Maritime and Port Authority of Singapore, Proman, Valenz, Vopak, Classification Societies, and other key stakeholders.

“All participants have contributed dearly and worked diligently together to set the course towards a sustainable future in shipping.

“The journey will strengthen Singapore’s position further as the premier port for marine innovations in meeting the challenges associated to methanol and other alternative marine fuels.

“A special ‘thank you’ goes to the crew of Kara and Stena Prosperous for their cooperation and dedication.”

Global Energy Group (established 1992) is a marine service and regional oil transportation/logistics business provider; the company owns and operates 25 bunker tankers to support its marine fuel supply business in Singapore and Fujiarah.

Global Energy Trading Pte Ltd and Stellar Shipmanagement Services Pte Ltd are its wholly owned subsidiaries, operating the core businesses of the group.

Related: Singapore reaches new milestone with methanol bunkering op of “Stena Prosperous”

 

Published: 28 May 2024

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