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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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Shipping Corridor

SFOC report proposes green methanol-fuelled Korea-Europe shipping corridor

Corridor will run between Pyeongtaek Port—the largest hub for automobile imports and exports in South Korea—and major European ports of Bremerhaven, Antwerp, Zeebrugge, and Southampton.

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SFOC report proposes green methanol-fuelled Korea-Europe green shipping corridor

Korean non-government organisation Solutions for Our Climate (SFOC) on Wednesday (23 April) released a report proposing the establishment of a green methanol-fuelled South Korea-Europe shipping corridor. 

The proposed corridor will run between Pyeongtaek Port—the largest hub for automobile imports and exports in South Korea—and major European ports of Bremerhaven, Antwerp, Zeebrugge, and Southampton, presenting strategic pathways for the decarbonization of the maritime sector.

South Korea has announced its “Greenship-K Program” to accelerate the adoption of eco-friendly vessels and set a national goal to achieve a 100% reduction in greenhouse gas (GHG) emissions from shipping by 2050.

Focusing on a green methanol-fuelled Pure Car and Truck Carrier (PCTC) operation model, the report quantitatively assessed the potential for greenhouse gas reduction along key routes. Notably, the Bremerhaven–Pyeongtaek route alone is estimated to reduce more than 1.4 million tonnes of CO₂ emissions annually, given its high cargo volume.

The report proposed the adoption of green methanol as the primary fuel for the corridor, with a long-term goal to transition toward e-methanol. This shift is expected to reduce CO₂ emissions by more than 70% compared to conventional fossil fuel use.

Beyond fuel switching, the report emphasised the importance of securing a stable green fuel supply chain, establishing supportive legal and institutional frameworks, and fostering close public-private cooperation among shipping companies, cargo owners, port operators, and fuel suppliers to make the corridor a viable reality.

“With these foundational elements in place, Pyeongtaek Port is well positioned to become the starting point of Korea’s transition toward a decarbonised maritime sector,” SFOC said. 

Note: The full report by SFOC can be viewed here and it is also available in Korean here.  

 

Photo credit: Solutions for Our Climate
Published: 25 April, 2025

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Methanol

Tsuneishi Shipbuilding completes first block loading of methanol-fuelled newbuildings

Company completed the first block loading of its first 5,900TEU methanol-fuelled containership and its first methanol dual-fuelled Kamsarmax bulk carrier in China and Philippines respectively.

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Tsuneishi Shipbuilding completes first block loading of methanol-fuelled newbuildings

Tsuneishi Shipbuilding on Tuesday (22 April) said its shipyard in China successfully completed the first block loading for its first 5,900TEU methanol-fuelled containership, which is the largest of this ship type built by the company, on 16 April.

In addition to the enhanced hull form and MT-FAST, the company’s innovative energy-saving technology, the integration of a large-capacity shaft generator has enabled this dual-fuel vessel to achieve both optimal loading performance and exceptional fuel economy when compared with fuel oil vessels in the same segment. 

MT-FAST is an energy-saving device that improves propulsion efficiency by approximately 4% by regulating water flow through the installation of multiple fins in front of the propeller. It was developed jointly with MTI of the NYK Group.

The vessel has been developed based on the concept of a final solution for the zero CO₂ emission vessel through the use of green methanol. Therefore, not only the main engine but also all on-board generators, HiMSEN engine which will be supplied by HD Hyundai, can be methanol-fuelled. 

This makes it possible to achieve carbon neutrality with the exception of a small amount of pilot fuel. Furthermore, the vessel is equipped with the necessary infrastructure to receive large-capacity alternative maritime power supplies. 

“In addition, the generators can be deactivated during anchorage, thereby achieving zero CO₂ emissions. We will continue to promote the further practical application of methanol-fuelled vessels with the aim of achieving carbon neutrality in the future,” the company said.

Tsuneishi Shipbuilding completes first block loading of methanol-fuelled newbuildings

Additionally, the Japan-based shipbuilder said its yard in the Philippines has successfully completed the first block loading for its first methanol dual-fuelled Kamsarmax bulk carrier on 21 April at THI Slipway No.2 . 

The vessel is scheduled to be launched in July 2025 and delivered in January 2026.

It is the first methanol-fuelled vessel in the Kamsarmax series, a long-standing series of vessels built by Tsuneishi Shipbuilding, which reached the 400-vessel milestone in July 2024.

By using methanol for propulsion, Tsuneishi Shipbuilding said the vessel reduces carbon dioxide emissions by 10%, nitrogen oxide emissions by 80% and sulphur oxide emissions by 99% during voyages compared to conventional models. 

 

Photo credit: Tsuneishi Shipbuilding
Published: 23 April, 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.

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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

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