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SunGas Renewables halts development of US biomethanol project

Company says the decision reflects a combination of factors that affected Beaver Lake’s ability to advance, including slower-than-expected market adoption of low-carbon marine fuels.

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SunGas Renewables halts development of US biomethanol project

SunGas Renewables Inc. (SunGas) recently announced that it will cease further development of the Beaver Lake Biofuels project, a proposed wood fiber-to-low carbon methanol facility in Central Louisiana near Alexandria.

Beaver Lake’s design contemplated the integration of three SunGas S1000 syngas production systems together with downstream technologies to produce approximately 553,000 metric tonnes (mt) per year of low carbon methanol and geological storage of approximately 1.1 million mt per year of biogenic CO2. 

This combination of scale and low product carbon intensity supported a globally competitive bio-methanol offering, illustrating the potential viability of this technology pathway as decarbonization requirements become more stringent.

“This decision reflects a combination of factors that affected Beaver Lake’s ability to advance on the timetable required, including slower-than-expected market adoption of low-carbon marine fuels (specifically low carbon methanol), uncertainty regarding the carbon capture and storage pathway for the project and clarity on the available regulatory support and financing conditions needed to support a project of this scale,” the company said. 

Robert Rigdon, Chief Executive Officer of SunGas, said: “We continue to believe low carbon methanol can help decarbonize the maritime, aviation and chemicals industries. However, given the current regulatory uncertainty, slower customer uptake and broader financing and infrastructure constraints, we do not believe the conditions are in place to move the project forward successfully. 

“We are grateful to the many public and private partners who supported the project, and today’s announcement does not change our confidence in the long-term potential of SunGas’ technology to produce low-cost, low carbon molecules, including methanol, SAF, other transportation fuels and methane.”

Manifold Times previously reported SunGas Renewables announcing that the Central Louisiana facility would produce green methanol for Maersk.

At the time, the facility was expected to generate nearly 400,000 metric tonnes (mt) of green methanol per year for marine fuel.

Related: SunGas Renewable to build its first facility to produce green methanol bunker fuel for Maersk
Related: Maersk and SunGas Renewables sign letter of intent for strategic green methanol production

 

Photo credit: SunGas Renewables
Published: 18 June, 2026

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Newbuilding

Tsuneishi Shipbuilding delivers third methanol dual-fuel container vessel

Vessel is equipped with a dual-fuel propulsion system capable of operating on methanol as well as conventional marine fuels.

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Tsuneishi Shipbuilding delivers third methanol dual-fuel container vessel

Tsuneishi Shipbuilding on Monday (15 June) said Tsuneishi Group (Zhoushan) Shipbuilding (TZS) has delivered its third methanol dual-fuel 5,900 TEU container vessel.  

The vessel is equipped with a dual-fuel propulsion system capable of operating on methanol as well as conventional marine fuels. 

“Methanol is attracting growing attention as a next-generation marine fuel due to its potential to reduce CO₂ emissions and support the maritime industry’s transition towards decarbonisation,” the company said. 

Building on the successful delivery of its second methanol dual-fuel 5,900 TEU container vessel, the company said TZS is further enhancing its technical expertise and production experience in response to increasing demand for next-generation fuel vessels.

 

Photo credit: Tsuneishi Shipbuilding
Published: 18 June, 2026

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Biofuel

STR plans 100,000 m³ biofuels storage project in Rotterdam

Service Terminal Rotterdam is Rotterdam’s bunker facility, which is currently focused on the storage of fuels, mostly for the marine market.

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STR plans 100,000 m³ biofuels storage project in Rotterdam

Service Terminal Rotterdam (STR) on Wednesday (17 June) said it is launching project GreenSTR focused on biofuels storage in Rotterdam.

STR is Rotterdam’s bunker facility which is currently focused on the storage of fuels, mostly for the marine market. 

The company said the terminal lies in the heart of the Port of Rotterdam, and is well connected through its jetties suitable for a range of vessel sizes as well as barges. 

“STR’s core capabilities lie in its flexibility to handle various grades of fuel oil, as well as bioblending,” the company said. 

“Project GreenSTR fills the gap of needed infrastructure tailored at the storage and blending of marine fuels.”

The project will build approximately 100,000 cubic metre (m3) of storage tanks on a vacant plot of land adjacent to the current terminal and able to store a range of products including biodiesel, ethanol and methanol.

 

Photo credit: Service Terminal Rotterdam
Published: 18 June, 2026

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LNG Bunkering

Molgas wraps up first LNG bunkering operation at Italy’s Port of Palermo

Company said the operation is the result of months of preparation and the joint efforts of teams from Spain, Italy, the Netherlands and Greece.

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Molgas wraps up first LNG bunkering operation at Italy’s Port of Palermo

Madrid-headquartered Molgas Energy Group on Tuesday (16 June) said it successfully completed its first LNG bunkering operation at Port of Palermo in Italy. 

The company said the operation is the result of months of preparation and the joint efforts of teams from Spain, Italy, the Netherlands and Greece. 

In a 10 to 12 hour operation, three tank trucks supplied the fuel to a ferry in the Sicilian port. 

Manifold Times previously reported Molgas initiating operations in Italy with a milestone — the first-ever LNG bunkering via truck-to-ship  in Sicily.

 

Photo credit: Molgas Energy Group
Published: 18 June, 2026

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