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OCI Global to supply X-Press Feeders with green methanol bunker fuel in Rotterdam

OCI Global will supply X-Press Feeders with OCI HyFuels green methanol for their new-build methanol dual-fueled common feeder ships, that will service European ports, from 2024.

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OCI Global (OCI) and X-Press Feeders on Friday (28 July) announced that OCI Hyfuels will supply X-Press Feeders with green methanol in the Port of Rotterdam from 2024.

Both said the milestone agreement is the first green methanol deal with a feeder container carrier and represents a crucial step in the decarbonisation of the shipping chain, as the feeder industry plays an important role in supporting the ultimate carrier. X-Press Feeders will be the first common feeder operator with methanol fuelled vessels on the water in Europe.

The partnership between the world’s largest green methanol producer and world’s largest common feeder operator will create an end-to-end solution for global shipping companies in European ports. 

Earlier this year OCI announced its partnership with Unibarge to retrofit the first methanol powered bunker barge which will be deployed at the Port of Rotterdam. OCI will work with Unibarge to fuel X-Press Feeders’ feeder ships ensuring the decarbonisation of another link in the chain.

The announcement comes in the same month the International Maritime Organization (IMO) announced new global decarbonisation targets for the maritime industry and its revised strategy for the industry to reach net zero ‘by or around 2050’. The partnership represents a concrete step towards both companies’ decarbonisation journeys and is a significant commercial-scale green methanol deal that validates green methanol as the leading choice for low carbon and renewable marine fuel available at scale today.

This is OCI HyFuels’ second green methanol sale in the marine sector in just under a month following our partnership with Maersk to fuel the world’s first green methanol-powered container vessel, reflecting the speed of growth of the sector and OCI HyFuels’ ability to support the growing demand for green methanol from the marine sector, starting in Rotterdam with plans to expand to several other ports around the world.

Bashir Lebada, CEO of OCI Methanol / OCI HyFuels, said: “With growing public and regulatory pressure on the shipping industry, we need to find ways to decarbonise every link in the chain. Through our new partnership with X-Press Feeders to supply them with OCI Hyfuels green methanol, and our existing collaboration with Unibarge to deliver the fuel via their green methanol bunker barge, we are creating an end-to-end decarbonisation solution for the maritime industry in Europe.”

“This announcement is yet another milestone in an exciting year for OCI HyFuels and our leadership in the maritime fuels sector. As the world’s largest green methanol producer, we’re excited to be pioneering ways to reduce emissions across the supply chain.”

Shmuel Yoskovitz, CEO of X-Press Feeders, said: “X-Press Feeders’ partnership with OCI and the procurement of green methanol is the next logical decision in our journey towards our decarbonisation goal of Net Zero 2050. In Q2 2024 we will receive our first of 14 dual fuel Methanol vessels, the advance procurement of green methanol allows us to offer the Main Line Operators and interested European Beneficial Cargo Owners the ability to deliver an Intra-European green corridor by mid 2024.”

“This is one more step to prove X-Press Feeders’ commitment to deliver tangible contributions to a more sustainable shipping industry. We continue to look out for future opportunities and partnerships to accelerate decarbonisation in the feeder business, to become the greener feeder carrier of choice.”

 

Photo credit: X-Press Feeders
Published: 31 July, 2023

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Newbuilding

Singapore: Pinnacle Marine’s first B100 fuelled utility boat starts 1,000-hour research trial

Newbuilding operated by Prestige Ocean Pte Ltd will capture data on bunker fuel emissions, marine fuel behaviour, and performance.

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The 50th vessel constructed by local boat builder Pinnacle Marine (Singapore) Pte Ltd, namely President 100, is starting 1,000 hours of real-time research trials in collaboration with several parties from Wednesday (9 July) onwards, it says.

Powered by B100 biodiesel, the newbuilding operated by Prestige Ocean Pte Ltd will capture data on bunker fuel emissions, marine fuel behaviour, and performance.

It will be participating in trials with Maritime Energy & Sustainable Development Centre of Excellence (MESD), Weichai Singapore, China Classification Society, Pacific International Lines (PTE) Ltd, Abo Shoten, Ltd. / 株式会社安保商店 , Abo Singapore, Wilmar International, Gulf Marine, Amspec Testing & Services, and AYK Engineering and Consulting.

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The President 100, Pinnacle Marine’s first full biodiesel utility boat, was launched on Tuesday in the presence of over 100 guests.

“Our latest vessel, President 100, merges legacy and future. Named after our first aluminium boat (“President”) and inspired by B100 biodiesel, it leads the charge for our next 50 vessels — many of which will embrace green technology,” stated Pinnacle Marine in a LinkedIn post.

“The launch was amazing, with strong turnout from across the maritime sector — authorities, shipowners, operators, agencies, chandlers, researchers, offshore engineers, and petrochemical suppliers.”

It added: “We’re excited to see how it paves the way for wider adoption of B100 biodiesel — a cleaner, sustainable path for Singapore’s harbour craft sector.”

 

Photo credit: Pinnacle Marine (Singapore) Pte Ltd
Published: 9 July 2025

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Newbuilding

BHP awards charter contracts for two ammonia dual-fuelled bulk carriers

BHP continues to work with the maritime industry to develop an ammonia bunkering plan for the two vessels when they are delivered from 2028.

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Global resources company BHP on Wednesday (2 July) signed contracts with COSCO Shipping Bulk Co., Ltd., a subsidiary of COSCO shipping Group (COSCO Shipping) for the charter of two ammonia dual-fuelled Newcastlemax bulk carriers.

The new vessels to be built under this arrangement will be two of only a handful of vessels in the world capable of using ammonia as a bunker fuel.

The two vessels, expected to be delivered from 2028, will primarily transport iron ore from Western Australia to Northeast Asia.

When run on lower or low to zero greenhouse gas (GHG) emissions ammonia, these vessels will be capable of reducing GHG emissions by at least 50% and up to 95% on a per voyage basis compared to a conventionally fuelled voyage.

The five-year time charter contracts are expected to contribute towards a reduction in the GHG emissions intensity of BHP chartered shipping.

BHP continues to work with the maritime industry to develop an ammonia bunkering plan – the process of fuelling ships with ammonia – for the two vessels when they are delivered from 2028.

Sourcing lower and low to zero GHG emissions ammonia is subject to an ongoing tender process.

 

Photo credit: BHP
Published: 9 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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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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