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Interview: Auramarine eyes significant market share of methanol fuel supply systems

Tuomas Häkkinen, Director Business Line Projects, discusses methanol marine fuel engines, decarbonisation-related market opportunities and how Auramarine’s solutions stand out from the competition.

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Tuomas Häkkinen, Director Business Line Projects, Auramarine

Tuomas Häkkinen, who was recently appointed as Director Business Line Projects of Finland-based fuel supply systems provider Auramarine Ltd, discussed with bunkering publication Manifold Times on methanol marine fuel engines, decarbonisation-related market opportunities for the firm and how Auramarine solutions stand out from the competition:

MT: What is the forecasted uptake potential for methanol marine fuel engines by the global merchant fleet in light of IMO 2030/2050? 

This is difficult to estimate as the marine industry is changing rapidly. While there are a number of new low and zero-carbon fuels in the mix, the future and main make-up of the bunkering supply chain within shipping will likely comprise of a combination of ammonia, biofuels and methanol.

It is difficult to forecast the precise number but leading classification society Lloyd’s Register, in its recent paper ‘The future of maritime fuels’ (September 2023), predicted bio and e-methanol would have a combined market share of total shipping fuel by 2050 of 13.4%.  However, the most optimistic scenario projects a market share for bio-methanol of 43% by 2050.

There is, therefore, a lot of potential for the uptake of methanol, both in newbuilds and retrofits. It’s currently one of the more mature and advanced alternative fuels and is easy to adopt. With this foundation, we aim to reach significant market share of methanol fuel supply systems both in newbuilds and retrofits.

MT: What is the number one misunderstanding about methanol marine fuel engines that you would like to debunk?  

Based on our experience, very often the integration of ship and engine systems can cause challenges and uncertainty where the responsibility of specific system parts is unclear or where there are many different players involved in the system integration. However, with proper planning and expert design, solutions can be deployed to overcome these challenges.

It’s also important to note that you get different challenges depending on whether it’s a system for a retrofit or newbuild vessel. For example, a retrofit carried out for an existing vessel always requires more attention than a newbuild, as there are more preconditions to consider. The key points a shipowner should consider when planning for a retrofit range from engine modification availability, space constraints such as tank availability, health and safety guidelines and fuel availability through to specific sustainability goals and compliance considerations.

From Auramarine’s perspective, safety is one of the most important issues due to methanol toxicity and high flammability where, for crew, inhaling, touching, or breathing in methanol is very dangerous. We, therefore, provide onboard and in-house training for crew, officers, and onshore staff, where all aspects are considered to ensure trouble-free operations as well as compliance with all environmental, health and safety regulations.  Ultimately, a well-trained crew ensures a safe voyage and efficient operations, and we always ensure that we provide project-specific training plans, as well as operation and maintenance manuals for each project.

We also firmly believe that when one experienced supplier is responsible for the design of the entire system, it is easier to control the many subsystems to ensure optimum results. Specific responsibilities and requirements are always clearer and better for efficiency. Doing this reduces project-related risks because an understanding of the interface and relationships among different components and stakeholders helps avoid misunderstandings and prevents any oversight.

MT: In terms of technology, how have maritime fuel supply systems evolved over the years and how will this sector grow in the future to accommodate shipping’s green trend? 

To meet the requirements of retrofits, and the planning and production cycles of new builds, maritime fuel supply systems are becoming more modular and flexible to install in different spaces and setups. This ensures a clear line of responsibility, allowing an experienced provider to take accountability for the safety and performance of the fuel supply system to minimise risks.

MT: Other than methanol/ammonia fuel supply systems, what other decarbonisation-related market opportunities do you see for Auramarine? 

There are a lot of opportunities for more efficient use of fuels.  For example, we recently launched our AFE (Auramarine Fuel Economiser) solution, a real-time data monitoring and reporting tool, which enables shipowners and operators to proactively analyse and identify where fuel consumption and emissions can be reduced, delivering savings of between 5% and 20%.

The AFE monitors and measures the entire fuel consumption of vessels across a whole fleet, collecting data from all fuel and power-related systems on board, whether a vessel is in operation or not. This makes data collection easy for accurate reporting purposes in line with regulations such as the IMO’s Carbon Intensity Indicator, and, critically, it also highlights opportunities to reduce fuel consumption such as optimising operations by analysing fuel profiles.

MT: How are Auramarine’s solutions different and why should shipowners choose the firm’s fuel supply systems over the competition? 

We believe in close collaboration with shipowners to ensure their systems are tailormade to their needs no matter what fuel they use, including methanol, biofuels and soon ammonia, and we always provide fast, flexible and accurate project execution leveraging more than 50 years of experience in fuel supply system deliveries.

We also provide customers with global lifecycle support and a ‘one-stop-shop’- an end-to-end solution for our methanol fuel supply system. When the methanol system’s lifecycle support comes from a single, experienced supplier, the customer can be assured that all interfaces within the system are considered, and all needs are covered. Any interface issues can be avoided, there are clear lines of responsibility and there are no gaps in the management and upkeep of the system throughout its lifetime.

With the current and future reporting and regulatory requirements, it is important that the fuel system is kept up-to-date and compliant with the changing requirements.  This is where preventative maintenance and the role of data comes in. By using remote conditioning and operational monitoring, operational issues and downtime can be avoided, ensuring safety, efficiency and unnecessary costs.

Related: Auramarine appoints Tuomas Häkkinen as Director Business Line Projects

 

Photo credit: Auramarine
Published: 11 July, 2024

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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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MTF releases new safety guidelines for methanol-fuelled ships

Recognising that methanol as a marine fuel remains at an early stage of adoption, the guidelines place particular emphasis on risk-based decision-making, continuous improvement and organisational agility.

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The Maritime Technologies Forum (MTF) recently announced the publication of new guidelines to support companies in developing new Safety Management Systems (SMS) and strengthening existing SMS for ships using methanol as marine fuel.

As the maritime industry accelerates its decarbonisation efforts, low-carbon methanol has emerged as one of the most scalable alternative fuel options. 

Its liquid state under ambient conditions, compatibility with existing fuel infrastructure, and increasing industry adoption make methanol an attractive near-term solution. However, its toxicity, low flashpoint and invisible vapour and flame characteristics introduce new safety challenges for the maritime industry that require enhanced procedural controls and risk management measures for safe operations.

“Developed collaboratively by MTF members and industry stakeholders with expertise in methanol fuel technologies and the International Safety Management (ISM) Code, the guidelines provide methanol-specific recommendations across all functional areas of an SMS,” MTF said in a statement. 

Recognising that methanol as a marine fuel remains at an early stage of adoption, the guidelines place particular emphasis on risk-based decision-making, continuous improvement and organisational agility. 

The guidelines emphasised the importance of learning from hazardous occurrences, near-misses and accidents involving methanol fuel.

The report also highlighted the importance of developing versatile SMS frameworks capable of supporting mixed-fuel operations during the transition period, where both conventional fuels and methanol may be carried and used onboard.

Human factors are identified as a critical element in ensuring safe methanol operations. The guidelines recommend that companies assess competency, training, familiarisation and resource requirements based on individual roles and responsibilities.

By providing clear, practical recommendations aligned with the ISM Code, the new MTF guidelines aim to support the safe and effective adoption of methanol as fuel while enabling the maritime industry’s transition towards lower-carbon shipping.

Note: The new guidelines can be viewed here.

 

Photo credit: CHUTTERSNAP on Unsplash
Published: 17 July, 2026

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