Methanol

GENA Solutions: Total renewable and low-carbon methanol project pipeline rises from 44 to 45.8 Mt by 2030

Information shared by the Methanol Institute meant to assist the maritime industry in the adoption of methanol as a mainstream marine fuel heading into IMO 2030/2050.

Published

2 months ago

February 28, 2025

Admin

GENA Solutions: Total renewable and low-carbon methanol project pipeline rises from 44 to 45.8 Mt by 2030

The Methanol Institute recently shared with Manifold Times the renewable and low-carbon methanol project pipeline February 2025 release produced by GENA Solutions Oy (Green Energy Analytics).

Information from the release is meant to provide the bunkering publication’s readers with insight on renewable methanol availability, and to assist the maritime industry in the adoption of methanol as a mainstream marine fuel heading into IMO 2030/2050.

Key takeaways of the February 2025 release are as follows:

The renewable methanol project pipeline increased from 34.0 Mt in January 2025 to 35.7 Mt in February 2025 (+1.7 Mt). The total renewable and low-carbon methanol project pipeline reached 45.8 Mt.
As of February 2025, GENA tracks 122 e-methanol plants and projects with total capacity of 19.4 Mt, 88 biomethanol plants and projects with total capacity of 16.3 Mt, and 16 low-carbon methanol plants and projects with total capacity of 10.1 Mt.
Nine projects were added in the February release, all based in Europe. Three frozen projects were excluded from the Project Navigator. Over the past 12 months, the renewable methanol project pipeline increased by 16.0 Mt, while low-carbon methanol increased by 5.7 Mt.
One project reached FID last month. The total after FID renewable methanol capacity, including operational facilities and projects under construction, has reached 3.4 Mt. Additionally, after FID low-carbon methanol capacity stands at 0.5 Mt.
Both China and Europe hold large shares of the global renewable methanol project pipeline: 49% and 30%, respectively. However, Europe lags behind China in project implementation: China’s share in after-FID renewable methanol capacity is 75%, while Europe’s is only 10%.
Renewable methanol capacity by 2030 could reach 7.5 Mt in the Advanced Projects scenario, 13.5 Mt in the Higher Probability Projects scenario, and 3.4 Mt in the After-FID Projects scenario.

2 Renewable methanol

3 Renewable methanol by feedstock (5)

4 Renewable methanol by region (4)

5 Methanol by status (4)

6 Renewable methanol capacity scenarios

Note: The full article can be viewed here.

Photo credits: GENA Solutions
Published: 28 February, 2025

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Bunker Fuel

Singapore: GCMD develops calculator to explore IMO GFI-linked pricing system

Free cost and compliance calculator has been developed by its team based on the newly approved GHG emissions pricing framework by IMO’s MPEC 83 recently.

Published

6 days ago

April 16, 2025

Admin

Singapore: GCMD develops calculator to explore IMO GFI-linked pricing system

The Global Centre for Maritime Decarbonisation (GCMD) on Tuesday (15 April) introduced a free cost and compliance calculator that has been developed by its team based on the newly approved greenhouse gas (GHG) emissions pricing framework by the Marine Environment Protection Committee during its 83rd session (MPEC 83).

The calculator will help maritime stakeholders explore how the two-tiered, GHG Fuel Intensity (GFI)-linked pricing system could impact operational costs.

GCMD said the buzz around International Maritime Organization's MEPC 83 and the newly approved GHG emissions pricing framework has been intense — and understandably so.

“To help make sense of it, our CEO Prof. Lynn Loo started with handwritten trajectory calculations to break down the core workings,” it said in a social media post.

“Building on that, our team has developed a simple, accessible cost and compliance calculator to help you explore how the two-tiered, GFI-linked pricing system could impact operational costs.”

The calculator is just one input—its results should be considered alongside other economic and operational factors to inform commercial decisions.

The tool covers covers heavy fuel oil (HFO), liquified natural gas (LNG), B24 biofuel, e-ammonia and bio-methanol.

“Whether you're assessing fuel options, planning newbuilds, or just trying to get a feel for what this might mean for your operations — this tool offers a useful first-cut view. For added clarity, we’ve included the workings on the side so you can trace the calculation process,” GCMD added.

Note: GCMD’s cost and compliance calculator can be found here.

Photo credit: Global Centre for Maritime Decarbonisation
Published: 16 April, 2025

Bunker Fuel

Singapore: Bunker fuel sales increase by 0.5% on year in March 2025

4.47 million mt of various marine fuel grades were delivered at the world’s largest bunkering port in March, up from 4.45 million mt recorded during the similar month in 2024, according to MPA data.

Published

1 week ago

April 15, 2025

Admin

Singapore: Bunker fuel sales increase by 0.5% on year in March 2025

Sales of marine fuel at Singapore port increased by 0.5% on year in March 2025, according to Maritime and Port Authority of Singapore (MPA) data.

In total, 4.47 million metric tonnes (mt) (exact 4,469,170 mt) of various marine fuel grades were delivered at the world’s largest bunkering port in March, up from 4.45 million mt (4,445,070 mt) recorded during the similar month in 2024.

Deliveries of marine fuel oil, low sulphur fuel oil, ultra low sulphur fuel oil, marine gas oil and marine diesel oil in March (against on year) recorded respectively 1.62 million mt (+0.6% from 1.61 million mt), 2.33 million mt (-3.7% from 2.42 million mt), 500 mt (+100% from zero), 100 mt (-98% from 5,100 mt) and zero (from zero).

Singapore: Bunker fuel sales increase by 0.5% on year in March 2025

Bio-blended variants of marine fuel oil, low sulphur fuel oil, ultra low sulphur fuel oil, marine gas oil and marine diesel oil in March (against on year) recorded respectively 51,900 mt (+100% from zero), 93,700 mt (+42% from 66,000 mt), zero (from zero), zero (from zero) and zero (from zero). A new addition of biofuel blend, introduced in February this year, B100, recorded no sales in March.

LNG and methanol sales were posted respectively at 39,000 mt (+1% from 38,600) and zero (from zero).

A complete series of articles on Singapore bunker volumes by Manifold Times in 2024 can be found below:

Photo credit: Maritime and Port Authority of Singapore
Published: 15 March, 2025

Events

Maritime Week Americas to assess how US policy changes will impact bunkering

Event, taking place in May, will try to assess how US policy changes will impact the day-to-day business of shipping and bunkering, as well as the maritime industry’s shift towards a zero carbon future.

Published

2 weeks ago

April 11, 2025

Admin

Maritime Week Americas to assess how US policy changes will impact bunkering

Maritime Week Americas is coming to the United States amid the trade mayhem and turmoil and will try to assess how US policy changes will impact the day-to-day business of shipping and bunkering, as well as the maritime industry’s shift towards a zero carbon future.

President Donald Trump has wasted no time in overturning the status quo and injecting massive uncertainty into every aspect of world trade, said ship.energy.

With the dust still nowhere near settling, there is no telling when the chaos will end or what the energy, shipping and bunker markets will look like in a month or year from now.

Llewellyn Bankes-Hughes, CEO of ship.energy, founder and organiser of Maritime Week Americas, said: “There is no doubt that the conversations at MWA25 will be livelier that ever as delegates battle to come to terms with a completely new world order. What all this turmoil means to shipping and bunkering, let alone to global, regional, and national economies, will be the question that everyone joining us in Tampa will be asking. Hopefully by the end of the event we will have some answers.”

Maritime Week Americas is always where the key questions are raised and answers are sought. With vigorous debate and frank discussion, well over 250 bunker buyers, suppliers and traders will gather in Tampa for an intense week that includes training, the MWA25 Flagship Conference, and – as always – some unmissable networking.

MWA25 will look at shipping and bunker markets throughout North, Central and South America and the Caribbean, examining traditional bunker markets and the ‘new’ fuels whose take-up is rapidly picking up pace. But can the same be said now for the United States?

Traditional marine fuels are still the mainstay throughout the Americas. The conference will examine fuel quality and quantity issues and take a close look at what is happening in some of the continent’s more active markets, such as Peru and Panama.

There LNG is now a mainstream marine fuel as its availability grows throughout the Americas, with Panama among the newest supply hubs. But is there potential for a backlash over LNG’s green credentials?

Biofuels are also on a fast upward trajectory, with Brazil and other countries now leading the way. But while LNG and biofuels look set to play a key role in fuelling ships for the foreseeable future, other fuels, such as methanol, ammonia and hydrogen may not be too far behind. These, and the full range of alternative fuels will be examined in depth during the MWA Conference.

More ports are now beginning to appreciate the environmental benefits of making shore power available to visiting vessels, with some – such as Miami – currently assessing the benefits of installing electric power facilities and others – such as Seattle – already planning to mandate cold ironing for cruise ships visiting the port. At the same time, more electric-powered vessels are beginning to appear, with Canada’s Montreal and Vancouver currently leading the way with new electric ferries. Meanwhile, the world’s biggest electric-powered ferry is expected to start operating between Buenos Aires in Argentina and Colonia in Uruguay by mid-2025.

For the first time, Maritime week Americas will include an entire session focused on Jamaica, an island determined to revitalise and boost its shipping, maritime and bunkering activities.

As always, MWA25 will feature some exciting networking events, designed to highlight the new venue and to ensure that the delegates take every opportunity to network.

Note: More information on Maritime Week Americas can be found here.

Photo credit: Petrospot
Published: 11 April, 2025