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

Integration of methanol bunkering into the shipping industry continues to gather pace with more vessels being considered for conversion and bunkering operations growing in sophistication.

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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 integration of methanol bunkering into the shipping industry continues to gather pace with more vessels being considered for conversion and bunkering operations growing in sophistication. Supply is continuing to gather pace with established facilities adding volumes and new ones approaching final investment decision.

Methanol marine fuel related developments for Week 49 of 2024:

Scandlines and Caterpillar Motoren Sign MoU to Explore E-Methanol Conversion for Rostock-Gedser Ferries

Date: December 2, 2024

Key Points:

Danish-German ferry operator Scandlines has signed a Memorandum of Understanding (MoU) with Caterpillar Motoren to analyse the conversion of its Rostock-Gedser hybrid ferries’ MaK diesel engines to operate on e-methanol. This initiative aligns with Scandlines’ commitment to achieving zero direct emissions in its ferry operations by 2040.

The proposed conversion aims to significantly reduce CO₂ emissions using e-methanol produced from renewable energy sources to potentially lower emissions by up to 95% under optimal conditions.

Currently, Scandlines employs a combination of diesel engines, battery power, and wind-assisted propulsion on the Rostock-Gedser route. However, to fully eliminate emissions, the company is exploring additional technologies. 

VPS Observes Rising Adoption of Methanol as Marine Fuel

Date: December 3, 2024

Key Points:

Marine fuel testing and inspection company Veritas Petroleum Services (VPS) has reported a significant increase in the adoption of methanol as an alternative marine fuel.

As of 2023, 539 newbuild vessels capable of operating on low-to-zero carbon fuels have been ordered, representing 45% of all orders by gross tonnage. Among these, methanol-capable ships are gaining traction, with 39 currently in operation and an additional 262 on order. This shift is driven by stringent environmental regulations aimed at reducing emissions such as SOx, NOx, particulate matter, CO₂, methane, and other greenhouse gases.

VPS has proactively invested in laboratory equipment and staff training to support the industry’s transition to methanol. In the summer of 2023, VPS partnered with Maersk during the maiden voyage of the Laura Maersk, conducting surveys, sampling, and testing of methanol bunkers in Singapore, Port Said and Rotterdam.

This collaboration required enhanced health and safety protocols, thorough tank cleaning, the use of closed-sampling devices and testing of biofuel as the pilot fuel. All tests adhered to the International Methanol Producers and Consumers Association (IMPCA) specifications, with results meeting the required standards across all three loadings.

The adoption of methanol as a marine fuel is gaining momentum, with promising opportunities ahead. 

While methanol has a lower energy content than traditional fossil fuels and green methanol production is still scaling up, these challenges are being addressed as the industry invests in its future. Growing demand is driving cost competitiveness, and an increasing number of ports are now offering methanol bunkering services.

Forestal del Atlántico Advances 40,000 MT/Year Synthetic Methanol Plant in Spain

Date: December 6, 2024

Key Points:

Forestal del Atlántico, a Spanish shipping and chemicals company, is progressing with its Triskelion project—a synthetic methanol production facility in Mugardos, Galicia. The plant is designed to produce 40,000 metric tons of e-methanol annually by capturing and utilizing approximately 56,000 metric tons of CO₂ each year. The e-methanol is intended for applications in the shipping and chemicals industries.

The project has secured a €49 million grant from the European Union Emissions Trading System’s Innovation Fund in 2023, underscoring its significance in advancing sustainable fuel technologies.

Topsoe, a global leader in carbon emission reduction technologies, has been selected as the technology provider and engineering partner for the Triskelion project. Topsoe will supply its e-methanol reactor and catalyst technologies, along with engineering support, which are integral to meeting the project’s e-methanol production goals.

The final investment decision is anticipated in June 2025, with the plant expected to commence operations in January 2028.

CHIMBUSCO Jiangsu Completes Inaugural Methanol Bunkering in Taizhou

Date: December 6, 2024

Key Points:

On November 30, 2024, CHIMBUSCO Jiangsu successfully conducted its first onshore methanol bunkering operation by delivering 79.5 metric tonnes of methanol to the newly built 1,300 TEU dual-fuel container ship, NCL VESTLAND, at the Sanfu Shipbuilding yard in Taizhou, China.

This operation utilized a mobile methanol filling skid, a collaborative development between CHIMBUSCO Jiangsu and COSCO (Lianyungang) Liquid Loading & Unloading Equipment Co., Ltd. The equipment facilitated a vehicle-to-ship transfer, completing the process in 2.5 hours.

The mobile methanol filling skid operates using a pump as its power source, enabling simultaneous loading and unloading. It comprises several integrated functional modules, ensuring a safe and efficient transfer of methanol from tankers to the vessel’s fuel bunker, while also allowing for seamless operation and intelligent management. The system offers flexibility, requires low initial investment, and boasts a rapid bunkering rate of 180 cubic meters per hour.

To ensure smooth execution, CHIMBUSCO Jiangsu conducted numerous coordination meetings focusing on methanol fuel handling, safety assurance plans, and emergency response strategies. A detailed methanol bunkering operation guide was also compiled.

 

Photo credit: Methanol Institute
Published: 12 December, 2024

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Newbuilding

China: Steel cutting ceremony for methanol bunkering tanker “Lucia Cosulich” held

A steel cutting ceremony was held for the 7,999 DWT IMO Type 2 chemical bunker tanker at Taizhou Maple Leaf Shipyard, China.

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Lucia Cosulich

Fratelli Cosulich Marine Energy on Wednesday (9 July) announced the steel cutting ceremony of Lucia Cosulich, a 7,999 DWT IMO Type 2 chemical bunker tanker – the second vessel in a series of four – at Taizhou Maple Leaf Shipyard, China.

“This milestone marks another bold step in our Marine Energy business unit’s commitment to clean fuel readiness and operational excellence,” said the company.

The vessel will be fully methanol-ready, capable of carrying, burning, and bunkering methanol safely and efficiently, with full regulatory compliance standards.

It will feature an integrated Nitrogen Generator System, ensuring safe and inert tank operations at all times. Equipped with advanced safety systems specifically engineered for low-flashpoint fuel handling, the vessel sets a new benchmark in future fuel readiness.

A complete methanol bunkering setup will come as standard, including the Quick Connect/Disconnect Couplings (QCDC), dedicated transfer lines and comprehensive monitoring and control systems to ensure efficient and secure fuel handling.

“Built on state-of-the-art architecture, she is designed not only to meet but to exceed the evolving demands of tomorrow’s energy supply chain,” noted the firm.

Lucia Cosulich embodies our vision to lead the transition within the maritime fuel landscape.”

 

Photo credit: Fratelli Cosulich
Published: 11 July 2025

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Biofuel

GREENMARINE and Vertoro to accelerate adoption of lignin-alcohol as marine fuel

Like fossil oil, liquid lignin can be used as a platform for fuel, chemical and material applications.

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Chuttersnap 1 1 MT

Methanol marine fuels consultancy GREENMARINE and Vertoro, a Maersk-backed Dutch start-up focused on developing liquid lignin technology which can be used as a bunker fuel, has signed an agreement to jointly accelerate the market validation and commercial roll-out of lignin-alcohol as sustainable marine fuels.

“We at GREENMARINE Group are excited to join forces with Vertoro to bring their revolutionary lignin alcohol blend fuel to market,” said Fredrik Stubner, founder and CEO of GREENMARINE Group.

“This breakthrough technology redefines sustainable maritime fuels, delivering environmental benefits and cost efficiencies, paving the way for a greener, more competitive shipping industry.”

Dr. Michael Boot Boot, co-founder & co-CEO Vertoro, replied, “GREENMARINE Group has an excellent track record as a match maker for green fuel producers with engine manufacturers and shipping companies, opening many doors for us on both the fuel validation and offtake side.”

Vertoro, founded in 2017, produces liquid lignin exclusively from sustainably sourced forestry and agricultural residues by means of a patented thermochemical process. Like fossil oil, liquid lignin can be used as a platform for fuel, chemical and material applications.

Related: Maersk invests in Dutch start-up Vertoro to develop green lignin marine fuels

 

Photo credit: CHUTTERSNAP from Unsplash
Published: 11 July 2025

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Milestone

China: Chimbusco and BJEC enter green methanol cooperation agreement

Document was signed between Ding Lihai, deputy general manager of Chimbusco, and Li Jianjun, deputy general manager of BJEC.

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Chimbusco x BJEC MT

China Marine Bunker (PetroChina) Co.,Ltd. (Chimbusco) and POWERCHINA Beijing Engineering Corporation Limited (BJEC) on Thursday (3 July) formally entered into a green methanol strategic cooperation framework agreement.

The document was signed between Ding Lihai, deputy general manager of Chimbusco, and Li Jianjun, deputy general manager of BJEC.

BJEC, a subsidiary of China Power Engineering Group, is experienced in the survey, design, construction and technology research and development of large-scale renewable energy projects.

Moving forward, the two parties said they will respectively focus on their core advantages and work together to promote the production, supply, storage and refuelling of green methanol as an energy source to help support the low-carbon transformation of the shipping industry.

Ding Lihai said: “The shipping industry is one of the important sources of global carbon emissions. Promoting low-carbon fuel is the key to the transformation of the industry. As the main force in the supply of bunker fuel, Chimbusco has been committed to expanding its clean fuel supply capacity. The cooperation with BJEC will integrate the advantages of green energy development and fuel supply, accelerate the large-scale application of green methanol, and meet the needs of shipping companies for clean fuel. We look forward to providing effective solutions for the green transformation of the shipping industry through the joint efforts of both parties.”

Li Jianjun said: “Implementing the ‘dual carbon’ goal is an important responsibility of enterprises. BJEC has accumulated strong technical strength in the field of green energy. This cooperation with Chimbusco will focus on the entire industrial chain of green methanol, from raw materials, production to supply, to provide clean and sustainable fuel solutions for the shipping industry. The complementary advantages of both parties will promote the rapid development of the green methanol industry and inject strong impetus into the low-carbon transformation of the shipping industry.”

 

Photo credit: China Marine Bunker (PetroChina) Co.,Ltd.
Published: 8 July 2025

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