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Wah Kwong clean fuels trading subsidiary ink green methanol MoU with CSSC affiliates

Venture Energy signed a MoU to establish a long-term offtake framework for green methanol supply with CSSC Science & Technology CSST and China Shipbuilding Trading CSTC.

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Wah Kwong clean fuels trading subsidiary ink green methanol MoU with CSSC affiliates

Hong Kong shipowner Wah Kwong Maritime Transport on Friday (22 May) said its subsidiary, Venture Energy, signed a Memorandum of Understanding (MoU) on green methanol cooperation last month in Beijing, with CSSC Science & Technology (CSST) and China Shipbuilding Trading (CSTC). 

The MoU establishes a long-term offtake framework for green methanol supply.

Last year, Wah Kwong established Venture Energy, a subsidiary focusing on the procurement and trading of clean fuels. Venture Energy connects producers of clean fuels in China to end users around the world, developing plant projects and procuring product for downstream customers and for the potential future requirements of Wah Kwong and other shipowners.

The representatives from the three parties attended the signing ceremony, including Zheng Song, General Manager of CSST, Di Weibing, Assistant General Manager of CSTC, and Greg McMillan, Executive Director of Venture Energy.

Under the MoU, the three parties will expand the scope of cooperation in line with market demand, focusing on the development of green methanol production initiatives and integrated collaboration across production, procurement, technical development and investment. 

This partnership aims to strengthen extensive engagement and technical dialogue, covering areas such as optimising green methanol technology pathways, ISCC EU certification and full-chain delivery solutions, to secure future fuel supply.

By leveraging complementary strengths, the partnership will enhance collaboration among the parties, supporting the maritime sector’s low-carbon transition, while advancing the development of sustainable fuels.

Related: Wah Kwong launches clean fuels procurement and trading subsidiary Venture Energy

 

Photo credit: Wah Kwong Maritime Transport
Published: 26 May, 2026

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Venture Energy facilitates largest single green methanol bunkering op in Hong Kong

The Wah Kwong subsidiary recently facilitated the supply of 1,000 mt of green methanol by the bunkering barge “Da Qing 268” to RoRo vessel “CM Shenzhen”, belonging to CM RoRo, with Sinopec HK.

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Venture Energy facilitates largest single green methanol bunkering op in Hong Kong

Hong Kong shipowner Wah Kwong Maritime Transport’s subsidiary, Venture Energy Limited (Venture Energy), on Friday (10 July) said it recently facilitated the largest single green methanol bunkering operation conducted in Hong Kong to date. 

Bunkering barge Da Qing 268 supplied 1,000 metric tonnes (mt) of green methanol to RoRo vessel CM Shenzhen belonging to China Merchants Guangzhou RoRo Shipping Co., Ltd. (CM RoRo), with Sinopec (Hong Kong) Limited (Sinopec HK). 

The operation utilised green methanol from Shanghai Shenji Energy & Environmental Technology Co., Ltd. (Shenji Energy), a subsidiary of Shenergy Group and Venture Energy Limited (Venture Energy) arranged the delivery.

“This milestone highlights Venture Energy’s supply capabilities to bridge growing demand in the Greater Bay Area with diversified supply sources across North and East China, contributing to the development of a reliable and scalable green marine fuel supply chain for the region,” the company said. 

Through close collaboration with Sinopec HK and other industry partners, Venture Energy helped ensure the safe and efficient delivery of green methanol to Hong Kong’s bunkering market.

The successful operation further strengthens Hong Kong’s position as an international maritime centre and an emerging green fuel bunkering hub. It also demonstrates the Greater Bay Area’s potential to establish a competitive, integrated and sustainable marine fuel ecosystem covering production, logistics, storage, bunkering and end-use applications.

Venture Energy will continue to collaborate with strategic partners across the green fuel value chain to support future bunkering operations and contribute to the development of low-carbon maritime Solutions.

 

Photo credit: Venture Energy
Published: 13 July, 2026

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Wallenius Wilhelmsen dual-fuel car carrier to complete first methanol bunkering op

Company has taken delivery of “Arctic Tern”, the first vessel in its new Shaper Class series; the ship is expected to complete its first methanol bunkering shortly after delivery.

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Wallenius Wilhelmsen dual-fuel car carrier to complete first methanol bunkering op

Norwegian energy company Equinor on Thursday (9 July) said it has taken delivery of Arctic Tern, the first vessel in its new Shaper Class series, marking a significant milestone in the company’s fleet renewal journey. 

The vessel is also expected to complete its first methanol bunkering shortly after delivery, marking another step in Wallenius Wilhelmsen’s decarbonisation journey.

With dual-fuel capability, methanol readiness and enhanced operational efficiency, Arctic Tern supports customers’ growing demand for more sustainable and future-ready logistics solutions.

The delivery of Arctic Tern marked a defining moment for Wallenius Wilhelmsen. The vessel will be deployed through EUKOR Car Carriers, the jointly owned shipping line of Hyundai Motor Group and Wallenius Wilhelmsen.

“As the first vessel in our new Shaper Class series, Arctic Tern reflects our commitment to investing in the future of shipping,” said Xavier Leroi, COO Shipping Services at Wallenius Wilhelmsen, who also serves as CEO of EUKOR Car Carriers.

With greater cargo transport capacity, improved fuel efficiency and flexibility, the Shaper Class strengthens the company’s ability to meet evolving customer needs while supporting lower-emission shipping. 

Following delivery, Arctic Tern will enter service between Asia and Europe almost immediately, delivering value to customers from day one. 

Xavier Leroi, COO Shipping Services at Wallenius Wilhelmsen, said: “These vessels strengthen our ability to deliver reliable and efficient services to customers while supporting the transition towards lower-emission operations. 

“They are also a critical building block in our ambition to offer net-zero end-to-end services as early as 2027. It is a milestone that reflects both our ambitions for the future and our determination to turn those ambitions into action.”

 

Photo credit: Wallenius Wilhelmsen
Published: 13 July, 2026

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VTTI Dalian completes first large-scale green methanol loading for bunkering

VTTI said its Dalian terminal has successfully completed its first commercial vessel loading of large-scale green methanol, which will be supplied as marine fuel upon arrival in Shanghai.

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VTTI Dalian completes first large-scale green methanol loading for bunkering

Rotterdam-based storage terminal owner VTTI, co-owned by Vitol, IFM, and Adnoc, on Thursday (9 July) said its Dalian terminal has successfully completed its first commercial vessel loading of large-scale green methanol, marking an important milestone under its long-term green methanol storage and handling contract. 

This milestone represents an important step in establishing Northeast China as a key logistics hub for sustainable marine fuels. 

The cargo will be supplied as marine fuel upon arrival in Shanghai, supporting the development of low-carbon shipping. 

Janice Kuan, Senior Vice President Commercial at VTTI, said: “This milestone reflects our continued commitment to enabling the energy transition. By supporting long-term green methanol storage and handling at VTTI Dalian, we are helping our partners build reliable supply chains for cleaner marine fuels while advancing VTTI’s strategy to lead in sustainable infrastructure.” 

Strategically located at Dalian Port – the only main port for Northeast China – VTTI Dalian is an independent public terminal serving chemical producers and traders inland. 

With four jetties for vessels up to 50,000 DWT, dedicated chemical storage, and multimodal access, the terminal is a critical logistics hub for sustainable fuel distribution.

 

Photo credit: VTTI
Published: 10 July, 2026

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