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Alternative Fuels

Methanol-fuelled newbuilds ordered at Hyundai Mipo

Waterfront Shipping, Marinvest, IINO Kaiun Kaisha, Mitsui, and NYK Group make investment for four vessels.

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A total of four methanol-fuelled newbuildings have been ordered by Waterfront Shipping Company (WFS), Marinvest/Skagerack Invest (Marinvest), IINO Kaiun Kaisha (IINO), Mitsui & Co (Mitsui), and the NYK Group (NYK) on Wednesday.

The four 49,000 dead weighttonne vessels will be delivered in 2019 and built with MAN B&W ME-LGI two-stroke dual-fuel engines that can run on methanol, fuel oil, marine diesel oil or gas oil.

The four new vessels will be built in Korea at Hyundai Mipo Dockyard, where several of the first generation of methanol-fuelled vessels were built; they will join the existing seven methanol-fuelled ships chartered by WFS since 2016.

WFS will charter the four vessels to replace older vessels; two of the vessels will be owned in a joint venture between WFS and Marinvest, one will be owned by NYK and the fourth will be owned in a joint venture between IINO and Mitsui.

"Our seven methanol-fueled vessels have been operating safely and reliably since 2016, and we expect these new vessels to benefit from ongoing technological advances that will continue to optimize performance and efficiency,” says Paul Hexter, President, Waterfront Shipping.

“We are proud to see 40% of our fleet powered by methanol-fuel technology in the coming year.”

Patrik Mossberg, chairman of Marinvest, says his company is "very pleased" by the performance of the vessels delivered in 2016 and excited to be investing in another two.

“Our overall focus in the development of the dual-fuel system concept has been safety and engine reliability. We have found the technology for handling methanol is well developed and offers a safe dual-fuel solution for low-flashpoint liquid fuels," says Mossberg.

Koji Kondo, corporate officer at NYK, notes: "For over 130 years, we have been guided by our commitment to pioneering innovation. Investing in this proven groundbreaking and innovative marine technology exemplifies our commitment to using leading clean technology to meet the safe and dependable transportation needs of our global customers."

“With the growing demand for cleaner marine fuels to meet more stringent emission regulations, we’re seeking ways to reduce our environmental footprint. Investing in the next generation of fuels is one way we’ll continue to meet regulations while maintaining the efficiency of our operations," says Ryuichi Osonoe, director and managing executive officer at IINO.

“We are proud to be partnering with WFS to advance methanol as a sustainable marine fuel and be part of an innovative solution that meets the needs of the shipping industry and contributes to a more sustainable future”, says Takeshi Setozaki, chief operating officer, Mitsui.

Photo credit: Waterfront Shipping Company
Published: 15 February 2018
 

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Methanol

China: Xiamen issues safety guidelines for methanol bunkering operations

New guidelines establish safety requirements across the full methanol bunkering process, supporting the expansion of green marine fuel supplies at Xiamen Port.

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Xiamen, China

Xiamen Free Trade Zone on Monday (10 August) said its Administrative Committee recently jointly issued the Safety Guidelines for Marine Methanol Fuel Bunkering in Xiamen Waters with Xiamen Port Authority and Xiamen Maritime Safety Administration, establishing a framework for methanol bunkering operations in the port.

The guidelines are the first safety operating standard in Fujian province specifically covering marine methanol fuel bunkering. They apply to methanol bunkering operations conducted by bunker vessels in Xiamen waters and set out safety requirements covering the entire operation, from preparation through completion.

The guidelines specify requirements for bunkering companies, equipment and materials used on bunker vessels, hose inspection intervals, personnel certification and personal protective equipment.

They also require operators to conduct dedicated risk assessments and prepare emergency response plans before operations begin. During bunkering, operators must maintain continuous monitoring and comply with specified weather restrictions. After completion, pipelines must undergo procedures including purging and inerting.

Xiamen Port has previously carried out ship-to-ship bunkering of biofuels and LNG. The new guidelines provide a regulatory framework and operational basis for methanol bunkering and are intended to support the safe and orderly conduct of such operations.

The move is also expected to help Xiamen Port expand its market and bunkering capacity for green marine fuels. 

 

Photo credit: Woo Winter on Unsplash
Published: 13 August, 2026

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Alternative Fuels

South Korea’s Polaris Shipping orders tri-fuel bulk carriers for Vale charter deal

Bulk carriers, which will be delivered sequentially from 2031, will be equipped with WinGD-developed engines capable of using methanol, ethanol and heavy fuel oil as marine fuels.

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South Korea’s Polaris Shipping orders tri-fuel bulk carriers for Vale charter deal

South Korean shipowner Polaris Shipping recently said it has signed a newbuilding contract for four tri-fuel vessels with Chinese shipbuilder Qingdao Beihai Shipbuilding Heavy Industry on 4 August.

The 210,000-dwt Newcastlemax bulk carriers, which will be delivered sequentially from 2031, will be equipped with WinGD-developed engines capable of using methanol, ethanol and heavy fuel oil as marine fuels.

The vessels are also designed as LNG- and ammonia-ready ships, allowing them to be converted to LNG or ammonia propulsion in the future.

Polaris Shipping also plans to significantly improve energy efficiency and reduce greenhouse gas emissions by applying various energy-saving technologies, including wind-assist propulsion systems, rotor sails, departure optimisation and land-based systems, to the vessels.

Polaris Shipping has completed a 25-year long-term charter contract for the bulk carriers with Brazilian iron ore producer Vale.

Polaris Shipping plans to sign construction contracts for up to four additional 210,000-dwt eco-friendly Newcastlemax bulk carriers with Chinese shipbuilder Hengli Heavy Industries in the near future. The Newcastlemax bulk carriers ordered from Hengli will be built as high-efficiency, environmentally friendly vessels to replace the company’s existing older bulk carriers.

 

Photo credit: Polaris Shipping
Published: 13 August, 2026

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LNG Bunkering

Axpo and Vitol debut LNG bunkering operation at Italy’s largest cruise port

“Green Pearl”, a 7,500 m³ Italian bunkering vessel operated by Axpo, safely conducted the ship-to-ship refuelling operation on Sunday morning at Civitavecchia’s berth 18.

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Axpo and Vitol debut LNG bunkering operation at Italy’s largest cruise port

Switzerland’s energy producer Axpo on Wednesday (12 August) said it has completed the first liquefied natural gas (LNG) bunkering operation with Vitol at the Port of Civitavecchia in Italy, refuelling a flagship vessel of a leading international cruise line.

The company said Italy’s premier cruise port and Europe’s second largest now joins Genoa and Naples in offering LNG bunkering services.  

“This represents an important milestone in the development of infrastructure and services for alternative maritime fuels in Italian ports,” Axpo said. 

Green Pearl, a 7,500 m³ Italian bunkering vessel operated by Axpo, safely conducted the ship-to-ship refuelling operation on Sunday morning at Civitavecchia’s berth 18. Operated by Axpo, Green Pearl was brought into service in 2026 and is dedicated to ship-to-ship and ship-to-truck bunkering operations in Italian ports.

Axpo Italia CEO Simone Demarchi, said: “This latest operation shows the ability of our supply chain to grow rapidly and meet the needs of leading international cruise lines. Over the coming years, the shipping and cruise sectors will be called upon to accelerate their decarbonisation journey. Today, LNG is one of the most substantial and readily available solutions to help support this transition.”

Vitol Head of Small Scale LNG & LNG Bunkering Stefan Dubbeldam, added: “LNG and bio-LNG have a key role to play in reducing emissions from bunkering. Vitol is globally invested throughout the value chain, from upstream bio-LNG and LNG production and offtake, through to solutions for customers through our LNG Bunker Vessel fleet.”

The extension of Axpo’s coverage to Civitavecchia, the primary seaport for Rome, follows the launch of LNG ship-to-ship bunkering at Genoa in late 2025 and Naples in May this year. 

In addition to Green Pearl, the company has also chartered Alisios LNG, a new 12,500 m³ capacity bunkering vessel for low-emission fuels, which became operational in Spain last March.

 

Photo credit: Axpo
Published: 13 August, 2026

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