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Methanol Institute: Advancements and partnerships driving sustainability (Week 17, 22-28 April 2024)

Industry continues to explore new vessel technologies, strategic partnerships, and innovative research advancing maritime sustainability through methanol.

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The Methanol Institute provides an exclusive weekly commentary on developments related to the adoption of methanol as a bunker fuel, including significant related events recorded during the week, for the readers of bunkering publication Manifold Times:

With methanol as a fuel widely accepted by the shipping community as an alternative to fuel oil that can reduce carbon emissions and virtually eliminate air pollution, the focus is turning to logistics and supply. Growing production of renewable methanol is critical to building a supply base that can serve a larger proportion of dual fuel vessels across a stronger supply chain.

The addition of StormFisher to the MI membership is an important signal that momentum of renewable production is growing. Meanwhile at the point of delivery, new standards, guidance, training – and new markets – for methanol bunkering are a concrete illustration of the appetite of the shipping and marine sector’s desire to adopt methanol safely and efficiently.

Methanol marine fuel related developments for Week 17 of 2024:

StormFisher Hydrogen Ltd. Joins Methanol Institute as Latest Member

Date: April 22, 2024

Key Points: On April 22, the Methanol Institute announced StormFisher Hydrogen Ltd. as its latest member. StormFisher, a North American firm, specializes in producing clean hydrogen, e-methane, e-methanol, and green ammonia through electrolysis, contributing to local energy security and enabling export possibilities to Asia Pacific and European markets. Both CEOs expressed enthusiasm for the partnership, highlighting StormFisher’s role in advancing methanol as a sustainable solution for decarbonization in hard-to-abate sectors and shaping global clean energy policies.

Singapore Developing National Standards for Ammonia and Methanol Handling

Date: April 22, 2024

Key Points: Singapore is developing national standards for the safe handling of methanol and ammonia as bunker fuels. These efforts, spearheaded by the Maritime and Port Authority and Enterprise Singapore through the Singapore Standards Council, will cover safety operations, custody transfer, and crew training requirements. The initiative aims to support the maritime industry’s transition to green energy, enhancing services in legal contracting, financing, and risk management. These standards are expected to be published next year, with contributions from industry stakeholders like MAN Energy addressing the need for consistent regulations.

ABS Publishes New Guide on Methanol Bunkering

Date: April 22, 2024

Key Points: ABS has released a new guide titled “Methanol Bunkering: Technical and Operational Advisory,” addressing the unique challenges of methanol as a marine fuel. This guide provides insights and strategies for safe methanol bunkering, leveraging ABS’s experience with methanol-fueled vessels and ongoing projects. It is designed to aid shipowners, operators, and shipyards with operational, design, and training aspects of methanol use. The guide is freely available and aims to support the maritime industry’s safe transition to methanol fuel. You can access it here.

Methanol Bunkering Expands to Yacht Sector

Date: April 23, 2024

Key Points: Yachts are poised to adopt methanol as an alternative bunker fuel. Bureau Veritas has given preliminary approval to Feadship, a shipyard company, to develop methanol-fueled yachts. This endorsement, highlighted by Dubravka Zaja of Bureau Veritas on LinkedIn, reflects the growing popularity of methanol in maritime sectors, particularly after its adoption in the container segment. The challenge now is scaling up the supply of green methanol to meet the demand from new methanol-powered vessels across various shipping sectors.

Peninsula Introduces Biofuel Bunkering Vessel to Barcelona Operations

Date: April 24, 2024

Key Points: Peninsula, a global marine fuel supplier, has enhanced its Barcelona operations by adding the IMO II chemical tanker Aalborg, capable of handling up to 100% biofuel blends. This addition enables the blending of various biofeedstocks and conventional fuels onboard, supporting the Port of Barcelona’s commitment to decarbonization and compliance with EU regulations. This move aligns with the port’s Energy Transition Plan, promoting alternative fuels like LNG, green methanol, and green ammonia to reduce the maritime sector’s carbon footprint. 

Maersk and Green Marine’s New Collaboration Targets Leadership in Alt-Bunker Fuels Training

Date: April 24, 2024

Key Points: Maersk Training and Green Marine have partnered to form “Maersk Training powered by Green Marine,” aiming to lead in training for alternative bunker fuels amid growing demand. Initially focusing on methanol, this collaboration combines Green Marine’s methanol expertise with Maersk’s extensive training capabilities. The initiative will offer a range of training methods including simulations, online courses, and instructor-led classes, addressing the urgent need for decarbonization skills in the maritime industry.

Battery-Powered Ferries to Service UK-Continental Routes by 2030

Date: April 25, 2024

Key Points: DFDS, a ferry operator, is advancing its commitment to greener transportation by planning to launch six battery-powered ferries on UK-Continental routes, including vessels fueled by methanol, ammonia, and electricity. The first two battery-powered ships are expected to begin operations on the Eastern Channel by 2030. This initiative is part of a broader strategy to decarbonize cross-Channel transportation, involving cooperation with ports and government bodies on both sides of the Channel. DFDS currently operates 12 routes connecting the UK with various Continental ports.

MPCC Secures Green Financing for Methanol-Powered Newbuilds

Date: April 25, 2024

Key Points: Norway’s MPC Container Ships ASA (MPCC) has successfully arranged Sustainable Finance for two dual-fuel methanol-powered vessels, scheduled for delivery later this year. The $55 million financing agreement was made with Deutsche Bank and SINOSURE. Although green methanol supply is currently limited, these vessels qualify for Sustainable Finance due to their capability to operate on green methanol, aligning with Deutsche Bank’s Sustainable Finance Framework criteria. The vessels, each costing $39 million, were ordered from Taizhou Sanfu Ship Engineering in China. The loan is set to mature in 2036.

 

Photo credit: The Methanol Institute
Published: 3 May 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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