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Towngas and Royal Vopak collaborate to expand green methanol supply chain network

‘Towngas has recently completed a 6,000-tonne green methanol bunkering project, the largest in Asia,” said its Chief Operating Officer – Green Fuel and Chemicals.

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Towngas x Royal Vopak MT

Hong Kong and China Gas Company Limited (Towngas) and Vopak China Management Co., Ltd. (Royal Vopak) on Tuesday (8 July) said both recently signed a strategic framework cooperation agreement to collaborate in areas such as green methanol production, storage, bunkering, and trading etc.

Focusing on the Chinese mainland, Hong Kong, and Asia-Pacific markets, both parties are joining forces to expand an efficient green methanol supply chain network and support the shipping industry’s low-carbon transition.

The two parties will capitalise on their respective strengths to expand the supply network of green methanol.

Towngas employs proprietary technology to convert agricultural and forestry waste as well as scrap tyres into green methanol, and has obtained multiple international certifications and provides a sufficient supply of green methanol for maritime fuel bunkering.

Royal Vopak provides green methanol storage and terminal services with its comprehensive storage and terminal infrastructure and coastal port network advantages.

Together, the two parties will achieve efficient resource allocation and ship green methanol to the Greater Bay Area, East China, South China, and the broader Asia-Pacific markets, further expanding the green methanol supply chain network.

Towngas and Royal Vopak will further develop multiple areas of regional cooperation, including in the Greater Bay Area. By leveraging the strengths of the ports in Hong Kong, Shenzhen, and Guangzhou, the partnership will focus on “production and storage synergy” as its core to strengthen cooperation around logistics and terminal facility construction, and to build an integrated green methanol storage and transportation network.

In East China, the two parties will centre their collaboration in Shanghai and Ningbo, two major international ports, to further strengthen cooperation in logistics storage and bunkering facility construction to meet the growing demand for green fuels at both ports.

In the Bohai Bay region, with Tianjin as the strategic hub, Towngas will transport green methanol produced at its northern China production base to Royal Vopak’s local storage tank farm, then achieve resource allocation through the Royal Vopak’s distribution network, supporting the supply of green methanol from northern China to the national and Asia-Pacific markets.

The two parties will also target key export markets, such as Singapore, Vietnam, Japan, and South Korea, to accelerate overseas expansion and boost the market competitiveness of clean energy in the Asia-Pacific region.

“Towngas has recently completed a 6,000-tonne green methanol bunkering project, the largest in Asia,” said Sham Man-fai, Towngas Chief Operating Officer – Green Fuel and Chemicals.

“It was completed with the support of Royal Vopak’s Tianjin storage tank farm facilities, laying a solid foundation for this partnership.

“Towngas’s Inner Mongolia green methanol plant is set to increase its annual capacity from 100,000 tonnes to 150,000 tonnes by the end of this year, with plans to further expand to 300,000 tonnes by 2028. Together with Royal Vopak’s storage and terminal services infrastructure and coastal port network, the two parties will build a comprehensive green methanol supply chain network.”

 

Photo credit: Hong Kong and China Gas Company Limited
Published: 8 July 2025

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Methanol

Ningbo-Zhoushan Port completes Zhejiang’s largest single-ship green methanol bunkering op

“COSCO SHIPPING Libra” received around 5,500 mt of green methanol at Ningbo-Zhoushan Port, setting a new provincial record for a single international vessel.

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Ningbo-Zhoushan Port completes Zhejiang’s largest single-ship green methanol bunkering op

China (Zhejiang) Pilot Free Trade Zone on Monday (24 August) said Ningbo-Zhoushan Port has completed Zhejiang province’s largest single-ship green methanol bunkering operation.

Methanol dual-fuel containership COSCO SHIPPING Libra received around 5,500 metric tonnes (mt) of green methanol at the Meishan port area on 23 August.

The operation was carried out under the supervision of Meishan Customs, part of Ningbo Customs, and was conducted by the methanol bunkering vessel Zhong Ran Lv Neng 85.

The operation set a new record for the volume of green methanol bunkered by a single international trading vessel in Zhejiang. 

The milestone comes as Ningbo-Zhoushan Port seeks to expand its large-scale green methanol bunkering capabilities.

Zhong Ran Lv Neng 85 entered commercial operation at Ningbo-Zhoushan Port in July, becoming the port’s first newly built dedicated methanol bunker vessel.

According to the authorities, the customs department used its digital supervision system to enable paperless declaration and review of vessel movements and fuel supply information, while optimising on-site supervision arrangements.

 

Photo credit: China (Zhejiang) Pilot Free Trade Zone
Published: 27 August, 2026

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Bunker Fuel

PO/Marine supplies nearly 913,154 mt of bunker fuels in 2025

‘With a market share of 39.2%, PO/Marine has proudly maintained our leadership in the marine fuels sector for seven consecutive years,’ the company said.

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PO/Marine supplies nearly 913,154 mt of bunker fuels in 2025

Turkey’s Petrol Ofisi on Wednesday (26 August) said its bunkering arm PO/Marine reached a total sales volume of 913,154 metric tonnes (mt) of bunker fuels in 2025, based on Turkey’s Energy Market Regulatory Authority’s (EMRA) data.

According to the company, it achieved 46.3% share in the domestic marine fuel market and 37.5% share in the transit market. 

“With a (total) market share of 39.2%, PO/Marine has proudly maintained our leadership in the marine fuels sector for seven consecutive years,” the company said in a social media post. 

“With our strong performance in both the domestic market and transit sales, we continue to be a trusted partner at sea.”

Manifold Times previously reported PO/Marine reaching a total sales volume of nearly 1 million mt of bunker fuels in 2024. 

Related: PO/Marine supplies nearly 1 million mt of bunker fuels in 2024

 

Photo credit: PO/Marine
Published: 27 August, 2026

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Alternative Fuels

Olam Agri, Vitol Bunkers wrap up co-processed VLSFO bio-bunkering operation in Singapore

“MV Scion Mathilda” was supplied with 246.5 mt of co-processed VLSFO at the Port of Singapore, comprising 212 mt of conventional VLSFO and 34.5 mt of co-processed CNSL VLSFO.

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Olam Agri, Vitol Bunkers wrap up co-processed VLSFO bio-bunkering operation in Singapore

Agri-business Olam Agri on Thursday (20 August) said it successfully completed Singapore’s first bio-bunkering operation with Vitol Bunkers, using Very Low Sulphur Fuel Oil (VLSFO) co-processed with Cashew Nutshell Liquid (CNSL), showcasing a waste-to-energy approach. 

MV Scion Mathilda was supplied with 246.5 metric tonnes (mt) of co-processed VLSFO at the Port of Singapore, comprising 212 mt of conventional VLSFO and 34.5 mt of co-processed CNSL VLSFO. The product was supplied by Vitol Bunkers and procured by Olam Agri’s ocean freight business.

The fuel was subsequently consumed during a voyage from Caofeidian (China) to Rotterdam (Netherlands), followed by a ballast leg from Rotterdam to Barcarena (Brazil). 

Total fuel consumption across the voyage comprised 1,354 mt of VLSFO, 101 mt of MGO and 34.1 mt of co-processed VLSFO. The vessel completed the voyage without any operational remarks, confirming the product’s performance in real-world conditions.

The operation marks a significant step forward in the search for practical, scalable alternatives to conventional marine fuels, and demonstrates that meaningful greenhouse gas (GHG) reductions can be achieved without any change to vessel operations.

Martin Fynbo, Head of Bunkers at Olam Agri’s ocean freight business, said: “The successful deployment of this product, achieving verified greenhouse gas mitigation alongside ensuring operational integrity, serves as a definitive proof of concept. This milestone provides validation to a traditionally risk-averse sector, demonstrating that a previously disregarded bio-product solution can both be operationally viable and sustainable.”

Sherman Yeo, Trading Manager, Vitol Bunkers, said: “This operation proves that co-processed VLSFO can be delivered and consumed at sea without any compromise to vessel performance or operational routine. The mass balance solution we have developed opens up a genuinely new avenue for GHG reduction in marine fuels.”

The co-processed VLSFO carries a GHG intensity of 2.02 gCO2eq/MJ, delivering savings of at least 120 MT CO2eq compared with conventional VLSFO on an equivalent basis. This outcome was achieved with no additional onboard handling or fuel treatment requirements.

Vitol’s co-processing and mass balancing methodology resolves a longstanding challenge in the use of CNSL as a marine biofuel. Direct blending of CNSL has historically been dismissed by the industry due to material compatibility and handling issues. By co-processing CNSL within the refinery stream, Vitol has opened a commercially viable pathway for CNSL to contribute to GHG reduction in shipping.

The co-processed VLSFO used in this operation conforms to RMG380 VLSFO grade and has the same chemical composition and quality as conventional fuel, eliminating the need for additional permissions or special clauses in charter party agreements.

“CNSL, derived as a by-product of cashew processing, represents an underutilised feedstock with genuine potential as a scalable marine biofuel component,” Olam Agri added. 

“This trial demonstrates that with the right processing approach, it can be integrated into existing supply chains without disruption.”

 

Photo credit: Vitol
Published: 21 August, 2026

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