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SNIC 2022: Kenoil shares green methanol bunkering endeavour and firm’s contribution to supply value chain

Desmond Chong, Managing Director of Kenoil Group, informs on the company’s contribution towards the methanol bunkering value chain in a project to establish Asia’s green e-methanol plant in Singapore.

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Singapore-based bunker player Kenoil Group of Companies (Kenoil) provided deeper insights into its endeavour for alternative bunker fuels, namely green e-methanol, as part of its decarbonisation approach at the recent Singapore Norway Innovation Conference (SNIC) 2022 on Friday (18 November). 

Desmond Chong, Managing Director of Kenoil, said some clients who have traditionally bought fossil fuels are now looking into acquiring future bunker fuels such as methanol, ammonia and hydrogen – aligned with the firm’s decarbonisation efforts. 

Following this, Chong shared more on Kenoil’s role in a six-firm consortium for the green e-methanol pilot plant in Singapore during his presentation titled Innovation pipeline showcase: The Development of Future Fuels in the Marine Industry: Methanol

PTT Exploration and Production Public Company Limited (PTTEP), Air Liquide, YTL PowerSeraya Pte. Limited, Advario Singapore Ltd., Kenoil Marine Services, and A.P. Moller – Maersk A/S (Maersk) on 6 April signed a Memorandum of Understanding (MoU) to start a ‘Green Methanol Value Chain Collaboration’ feasibility study project. 

The study, due for completion by the end of 2022, explored the technical and economic feasibility of establishing a green e-methanol pilot plant with a minimum production capacity of 50,000 tonnes per annum (TPA) – the first of its kind in Southeast Asia.

“Kenoil with its deep expertise in bunkering plays the role as the last-mile delivery solution for methanol bunkering in the consortium. We look into safety aspects of transporting methanol bunker fuel from shore tanks to our vessels for deliveries via ship-to-ship transfers to off-taking vessels,” he said. 

When it comes to its readiness in methanol bunkering, Kenoil has prepared its fleet to be ready to keep up with the upcoming green marine fuel types. 

“We are prepared to retrofit our fleet to be suitable and compatible with methanol as it is different from conventional fuels as we transport methanol to our bunker barges,” Chong added.

“We also ensure bunkering equipment such as pipelines, bunkering hoses and systems used onboard are compatible with methanol.” 

However, it doesn’t end there for this physical bunker supplier once the feasibility study project is done. 

Kenoil will be reaching out to other off-takers to make the project a viable one as well as approaching banks to obtain in principle approvals in order to secure financing for other green related projects. 

The firm has also been reaching out to regulators such as the Maritime and Port Authority of Singapore (MPA) to engage on methanol bunkering. 

“We have also engaged the Methanol Institute and the Singapore Maritime Academy to prepare our crew for training on methanol bunkering and safety handling operations,” said Chong.

Related: Singapore: Players in feasibility study for first green e-methanol plant in S.E.A.

Photo credit: Norwegian Business Association (Singapore)
Published: 13 December, 2022

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Singapore-based ONE celebrates maiden voyage of methanol-and-ammonia ready boxship

Following the successful deployment of “ONE Singapore” and its sister vessels, “ONE Solidarity” will be deployed on the Mediterranean Pacific South 2 (MS2) service.

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Singapore-based ONE celebrates maiden voyage of methanol-and-ammonia ready boxship

Singapore-based container shipping company Ocean Network Express (ONE) on Thursday (3 July) said it celebrated the maiden voyage of containership ONE Solidarity as the ship made its first-ever arrival in Shekou, China. 

“As one of our S-series methanol and ammonia ready container vessels, ONE Solidarity is another demonstration of ONE’s commitment to sustainable shipping,” the company said in a social media post. 

Following the successful deployment of ONE Singapore and its sister vessels, ONE Solidarity will be deployed on the Mediterranean Pacific South 2 (MS2) service. 

“Her deployment will boost our service capacity, ensuring faster, more reliable, and highly efficient shipping offerings across key global trade lanes,” the company added.

 

Photo credit: Ocean Network Express
Published: 3 July, 2026

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“Lucia Cosulich” enters final preparation ahead of bunkering operations

Following delivery of the ship in China, it will now enter the final preparation phase ahead of its next operational steps, strengthening Fratelli Cosulich’s ability to provide reliable bunkering solutions.

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“Lucia Cosulich” enters final preparation ahead of bunkering operations

Fratelli Cosulich Marine Energy on Thursday (2 July) celebrated the delivery of Lucia Cosulich at Taizhou Maple Leaf Shipyard in China.

The vessel is the second of four sister methanol-ready IMO II bunker tankers developed within the Group’s fleet expansion programme and follows the launching ceremony held on 2 May 2026.

Designed to support the Group’s bunkering operations and future fuel requirements, Lucia Cosulich is part of the new generation of vessels developed by Fratelli Cosulich Marine Energy to combine operational reliability, safety and fuel flexibility.

Lucia Cosulich will now enter the final preparation phase ahead of its next operational steps, further strengthening the Group’s ability to provide reliable bunkering solutions.

“We wish Lucia Cosulich and her crew fair winds on the next stage of her journey,” the company said. 

Related: Fratelli Cosulich launches second methanol-ready bunker tanker in China

 

Photo credit: Fratelli Cosulich
Published: 3 July, 2026

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DNV: Alternative-fuelled vessel orders down 11.6% in H1 2026

In total, 137 alternative-fuelled vessels were ordered in the first half of 2026 compared to 155 in the same period in 2025.

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DNV: Alternative-fuelled vessel orders down 11.6% in H1 2026

Latest data from classification society DNV’s Alternative Fuels Insight (AFI) platform showed a total of 15 new orders for alternative-fuelled vessels were placed in June 2026.

This consisted of 10 orders for LNG-fuelled vessels, nine of which were car carriers and one a CO2 carrier. The remaining five orders were for LPG/ethane carriers.

Two LNG-bunker vessels were also ordered in June, bringing the total in this segment to seven so far in 2026.

In total, 137 alternative-fuelled vessels were ordered in the first half of 2026, down 11.6% from 155 in the same period in 2025. 

Over half of these (73) were for LNG-fuelled vessels, with most coming from the container (42) and car carrier (21) segments. LPG/ethane carriers were also prominent, with 55 new orders, a significant uptick compared to the first half of 2025 (15). The remaining orders were for vessels fuelled by methanol (2), ethanol (2), ammonia (4), and hydrogen (1).

Deliveries in the first half of the year point to continued uptake of alternative-fuelled tonnage across several segments, with 61 LNG-fuelled vessels and 38 methanol-fuelled vessels delivered so far in 2026.

More recently, Exmar took delivery of what it described as the first oceangoing dual-fuel ammonia vessel, marking a step beyond earlier ammonia-fuelled deliveries, which have largely been associated with pilot or demonstration projects rather than commercial deployment.

DNV: Alternative-fuelled vessel orders down 11.6% in H1 2026

Jason Stefanatos, Global Decarbonization Director at DNV Maritime, said: “What we can take away from the first half of 2026, in terms of the alternative-fuels orderbook, is that we have a market progressing at different speeds depending on segment economics, fuel availability, and the regulatory landscape. Shipowners and other stakeholders are pursuing different pathways based on their individual priorities and requirements.

“LNG remains the leading near-term fuel option, with order activity continuing to be led by containers and car carriers. LPG and ethane carriers have also accounted for a significant share of activity in the first half of the year, while developments in areas such as ammonia and ethanol show that multiple pathways continue to be explored.”

 

Photo credit: DNV
Published: 3 July, 2026

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