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Methanol Institute: Global expansion and strategic partnerships (Week 39, 23 to 29 Sept 2024)

This week saw new agreements on building green corridors, additional bunkering capacity, new and supersized vessel orders; MI also released research on EU regulations impact on cost of renewable methanol.

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Methanol Institute: Progress and milestones in methanol adoption (Week 49, 2 to 8 Dec 2024)

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:

The methanol as a marine fuel market is all about growth and opportunity this week. New agreements on building green corridors, additional bunkering capacity, new and supersized vessel orders dominated the news agenda. The Methanol Institute also made the news, releasing research it commissioned into the impact of EU regulations on the cost of renewable methanol. The work demonstrates that regulation will be an efficient mechanism for closing the price gap, making e and bio-methanol cost competitive for buyers in step with regulatory deadlines.

Methanol marine fuel related developments for Week 39 of 2024:

Shenzhen and Long Beach Ports Partner to Advance Bunkering Technologies Through MoU

Date: September 23, 2024

Key Points:

The ports of Long Beach and Shenzhen have signed a memorandum of understanding (MoU) to collaborate on developing new bunkering technologies, including green methanol, and establishing zero-carbon ro-ro terminals. The agreement aims to promote sustainable infrastructure within the maritime industry through technical exchanges, joint projects, and cleaner vessel initiatives. This partnership sets a foundation for future advancements in decarbonizing maritime trade across the Pacific Rim.

John T Essberger Expands Fleet with Order for Methanol-Powered Chemical Tankers

Date: September 25, 2024

Key Points:

John T Essberger has placed an order for two 13,000 DWT methanol-fuelled chemical tankers at the Rainbow shipyard in Nantong, China. The order includes an option for four additional vessels of the same type, with delivery scheduled for April 2027. The newbuilds will be equipped with dual-fuel engines, reflecting the company’s commitment to enhancing its fleet’s technical standards amidst challenges in shipyard capacity and rising construction costs. This move is part of Essberger’s broader strategy to modernize its fleet with advanced and sustainable technologies. 

New ARA Methanol Bunkering Partnership Expands Green Fuel Infrastructure in Northwest Europe

Date: September 25, 2024

Key Points:

TankMatch and Evos have launched a partnership to establish methanol bunkering operations at the Amsterdam-Rotterdam-Antwerp (ARA) hub. Evos plans to increase its storage capacity by adding five new tanks, totalling 13,500 m³, and build a new berth for bunker barges up to 135m long. This collaboration aims to integrate storage and bunkering services across the ARA region, enhancing the availability of bio-, e-, and grey methanol for vessels and supporting green fuel adoption across Northwest Europe.

Wallenius Wilhelmsen Upsizes Shaper Class Vessels to Create World’s Largest PCTCs

Date: September 25, 2024

Key Points:

Wallenius Wilhelmsen is upsizing four of its twelve Shaper Class pure car and truck carriers (PCTCs) under construction at Jinling Shipyard, increasing their capacity from 9,300 to around 11,700 CEU, making them the world’s largest PCTCs. The upsizing strategy aims to optimize cargo capacity, reduce costs, and support the company’s net-zero emissions goal. The vessels will also be equipped with methanol-capable engines, allowing them to operate on both conventional and alternative fuels, aligning with the company’s sustainability goals and preparing for future methanol use. 

EU Regulations Set to Increase Methanol Bunker Demand for Maritime Shipping

Date: September 26, 2024

Key Points:

The Methanol Institute anticipates a surge in demand for methanol bunker fuel driven by new EU regulations, including the FuelEU Maritime and the EU Emissions Trading System (ETS). The regulations aim to reduce greenhouse gas emissions and impose penalties on conventional fuel usage, encouraging shipowners to switch to bio- or e-methanol as a compliance measure. The EU’s phased implementation will narrow the price gap between methanol and traditional fuels, positioning methanol as a viable alternative in the shipping sector.

BMT and Strategic Marine Unveil New Methanol-Ready StratCat35 Crew Transfer Vessel

Date: September 26, 2024

Key Points:

BMT and Strategic Marine have introduced the StratCat35, a 35-meter Crew Transfer Vessel (CTV) designed for offshore wind operations. The vessel, which debuted at WindEnergy Hamburg, features a hybrid propulsion system with a methanol-ready configuration, enhanced deck space, and BMT’s Z-Bow hull for superior seakeeping. This project marks a significant step in advancing the operational capabilities and sustainability of CTVs in the offshore wind sector.

 

Photo credit: Methanol Institute
Published: 3 October, 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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