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Methanol Institute: Advancements and partnerships driving sustainability (Week 18, 29 April-5 May 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:

Orders for Methanol dual-fueled ships continued to grow at a rapid pace during April with data from DNV’s Alternative Fuels Insight platform showing a significant uptick in contracts – significantly from the tanker segment, which has lagged in the adoption of alternative fuels until now.

Of the total of 23 alternative-fueled vessels placed in April Methanol, dominated with 12 orders. Other notable contracts include options exercise by car carrier giant Wallenius Wilhelmsen bringing its order for 9,300-CEU PCTCs from Jingling Shipyard to eight.

These vessels are equipped with advanced two-stroke, methanol dual-fuel engines, marking a significant step towards emission-free services targeted for 2027.

Methanol marine fuel related developments for Week 18 of 2024:

Methanol Engine Demand Surges in Auto Carrier Sector

Date: April 29, 2024

Key Points: Recent developments in the car carrier sector were dominated by news that Wallenius Wilhelmsen would exercise options to increase its order to eight 9,300-CEU PCTCs from Jingling Shipyard.

Placing its initial order in 2023, Wallenius Wilhelmsen executive vice president and chief operating officer, Xavier Leroi, said he views the newbuilds as a means to provide a net-zero, emission-free service by 2027: “We believe that methanol is the fastest way to net-zero emissions.”

The ships will be equipped with advanced two-stroke, methanol dual-fuel engines, marking a significant step towards emission-free services targeted for 2027.

MAN Energy Solutions (MAN ES) two-stroke business head, Bjarne Foldager, fully expects “methanol to figure prominently as a future fuel across vehicle carriers and, indeed eventually, all vessel segments.”

Swedish Facility Set to Produce 55,000 Metric Tons of Synthetic Methanol Annually for Bunkering

Date: April 30, 2024

Key Points: A new facility in Sweden, spearheaded by Carbon Clean in collaboration with Ørsted’s FlagshipONE project, is on track to produce up to 55,000 metric tons per year of synthetic methanol specifically for the shipping industry by 2025. The structural steel for the plant has been erected, with equipment being manufactured at the Schwartz Hautmont facility in Tarragona. Aniruddha Sharma, CEO of Carbon Clean, emphasized the significance of this milestone in advancing the eFuel project and highlighted the essential role of carbon capture technology in decarbonizing sectors like shipping, while also boosting economic development through local supply chains.

MI Among 75 Signatories of Turin Joint Statement for Sustainable Biofuels

Date: May 1, 2024

Key Points: The Turin Joint Statement on Sustainable Biofuels, endorsed by over 75 industry leaders, trade associations, and R&D organizations, emphasizes the crucial role of sustainable biofuels in decarbonizing all transport sectors. Presented at the G7 Climate, Energy, and Environment Ministers’ Meeting in Turin on April 29, 2024, the statement underlines the need for G7 nations to accelerate the deployment of sustainable biofuels to align with a net-zero trajectory by mid-century.

Key discussions were part of the International Forum on Sustainable Biofuels, which highlighted the potential of sustainable biofuels to enhance energy security, integrate into existing logistics, and support circular economy practices.

Italy’s Minister of the Environment and Energy Security, Gilberto Pichetto, stressed the importance of sustainable biofuels alongside other clean energy technologies to achieve the transport sector’s decarbonization. Liana Gouta of Fuels Europe advocated for a comprehensive strategy to stimulate private investment in sustainable biofuels, viewing them as a pillar alongside electrification and energy efficiency for reducing transport emissions.

DNV Reports Methanol-Fueled Ship Orders Surpass LNG in April

Date: May 3, 2024

Key Points: April’s data from DNV’s Alternative Fuels Insight (AFI) platform indicates a significant uptake in orders for alternative fueled vessels, with a total of 23 new orders. Methanol-fueled ships dominated, totaling 12 orders, surpassing LNG, which saw seven new orders.

Notably, all methanol ship orders originated from the tanker segment, traditionally slow to adopt alternative fuels. The data also included four new orders for ammonia-fueled vessels. This surge in alternative fuel orders reflects a broader trend of increasing preference for such technologies in the maritime industry.

In total, the first four months of 2024 recorded 93 new vessel orders in the AFI database, marking a 48% increase over the same period in 2023. Jason Stefanatos, DNV’s Global Decarbonization Director, emphasized the growth in tanker segment orders and the ongoing development of the maritime eco-system for ammonia as positive signs of the industry’s shift towards decarbonization.[2] [3] 

 

Photo credit: The Methanol Institute
Published: 10 May 2024

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World Fuel and partners complete first green methanol bunkering of car carrier in Shanghai

Operation involved the delivery of approximately 2,800 MT of green methanol to “Arctic Tern” via a ship-to-ship transfer using SIPG Energy’s dedicated methanol bunkering vessel “M/V Hai Gang Zhi Yuan”.

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World Fuel and partners complete first green methanol bunkering of car carrier in Shanghai

Marine fuel provider World Fuel on Tuesday (21 July) said it successfully completed the first green methanol bunkering of M/V Arctic Tern, with EUKOR Car Carriers and SIPG Energy at the Port of Shanghai. 

Arctic Tern is the first vessel in the new Shaper Class series of car carriers. 

The operation involved the delivery of approximately 2,800 MT of green methanol to Arctic Tern via a ship-to-ship transfer using SIPG Energy’s dedicated methanol bunkering vessel M/V Hai Gang Zhi Yuan, the largest vessel of its kind in operation. 

The bunkering operation was carried out at Haitong Terminal, Waigaoqiao Port Area, Shanghai Port, with cargo handling operations conducted simultaneously during bunkering.

This marks EUKOR Car Carriers’ first green methanol operation and the first time Arctic Tern has bunkered methanol since its delivery on 9 July. The operation marked the first bunkering at Shanghai Port of green methanol produced locally in Shanghai for an international PCTC operator. 

It also demonstrated the city’s integrated green methanol value chain, spanning local production, storage and bunkering, and established a replicable “Shanghai Model” for green methanol supply.

World Fuel arranged the supply and delivery of the fuel on behalf of EUKOR Car Carriers, working with SIPG Energy as the physical supplier at the Port of Shanghai.

The green methanol supplied was produced from municipal solid waste, ISCC-EU certified, and had a carbon intensity value below 25 gCO₂e/MJ.

Arctic Tern is the first of fourteen Shaper Class vessels ordered by Wallenius Wilhelmsen. With a capacity of 9,300 car equivalent units and methanol dual-fuel capability, the vessel will be operated by EUKOR Car Carriers, jointly owned by Wallenius Wilhelmsen and Hyundai Motor Group. Following her first green methanol bunkering, Arctic Tern will continue her maiden voyage from Asia to Europe.

Xavier Leroi, COO Shipping Services at Wallenius Wilhelmsen and CEO of EUKOR Car Carriers, said: “Completing Arctic Tern’s first green methanol bunkering shortly after delivery is a significant milestone towards our decarbonisation ambition for both EUKOR Car Carriers and Wallenius Wilhelmsen. It demonstrates how investments in next-generation vessel technology and fuel flexibility are being translated into real-world operations. 

“This achievement reflects the strong collaboration between all parties involved. Together, we have shown how partnerships across the maritime value chain can help make lower-emission fuels available and operationally viable at scale.”

Mark Tamsitt, SVP Global Marine Sales at World Fuel, said, “The first bunkering event with a new fuel is a significant moment for any shipowner, and our role is to make it as seamless as possible. By connecting EUKOR Car Carriers with SIPG Energy’s proven green methanol capability at the Port of Shanghai, we were able to deliver on reliable supply, fuel quality, and safe processes. As more of our customers bring methanol dual-fuel tonnage into service, we are committed to being the partner that makes these kinds of operations routine.”

Mr. Zhang Da, General Manager of SIPG Energy, said, “Welcoming Arctic Tern to the Port of Shanghai for her first green methanol bunkering demonstrates the strength and maturity of our supply capability. Building on our well-established methanol ship-to-ship bunkering services for container vessels, we have already extended such services to pure car and truck carriers (PCTCs). This bunkering sets a new record for the largest single SIMOPs green methanol bunkering for PCTCs in China, marking another step in building Shanghai’s position as a global green energy hub for international shipping.”

This operation follows Wallenius Wilhelmsen’s announcement on 9 July that Arctic Tern would complete her first methanol bunkering shortly after delivery. The vessel entered service on routes between Asia and Europe immediately following handover from China Merchants Jinling Shipyard in Nanjing.

 

Photo credit: World Fuel
Published: 22 July, 2026

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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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