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Waterfront Shipping Company receives two methanol-fuelled newbuilds

The newbuildings will join the seven existing methanol-fuelled vessels chartered by Waterfront Shipping.

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Waterfront Shipping Company Ltd., a wholly owned subsidiary of Methanex Corporation, and Marinvest/Skagerack Invest (Marinvest) on Tuesday (20 August) welcomed two second generation methanol-fuelled vessels to its fleet.

The M/T Mari Couva and M/T Mari Kokako are 49,000 dwt vessels built with the second generation of MAN B&W ME-LGIM two stroke dual-fuel engines that can run on both methanol and conventional marine fuels.

The newbuildings join the seven existing methanol-fuelled vessels chartered by Waterfront Shipping.

“We are very excited by the performance of our first seven methanol-fuelled vessels that have proven the safety and reliability of the technology,” said Paul Hexter, President, Waterfront Shipping Ltd.

“With this second generation of vessels, we will benefit from innovative technological advances that will continue to optimize performance and efficiency.

“On an energy-equivalent basis, methanol is cost competitive over energy price cycles and we see significant value creation opportunities from using a methanol flex-fuel engine.

“We are proud that approximately 40% of our fleet will be powered by methanol-fuel technology by the end of the year.” 

The two new vessels, a joint venture between Waterfront Shipping and Marinvest, were built in Korea at Hyundai Mipo Dockyard. Waterfront Shipping will charter the two vessels to replace older vessels.

A further two vessels, also powered by methanol, will be delivered to Waterfront Shipping before the end of 2019.

“Our first two methanol-powered ships were delivered in 2016, and each now has more than 10,000 successful running hours on methanol with no issues that have resulted in off-hire or idle time,” said Patrik Mossberg, Chairman, Marinvest.

“It is important that we share our experiences and make the industry aware that methanol is a well-proven, simple-to-adopt solution offering compliance with IMO 2020 regulations and provides a pathway to meeting IMO 2030 and 2050 CO2 emission targets.”  

Photo credit: Waterfront Shipping Company
Published: 22 August, 2019

 

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Biofuel

Petrochina International blends over 30,000 mt of marine biofuel since March

Company has been developing marine biofuel blending operations at China (Zhejiang) Pilot Free Trade Zone, leveraging storage and logistics facilities at its Aoshan base.

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Zhoushan completes China’s first batch of marine biofuel blending under pilot programme

Petrochina International Co Ltd recently said it has blended more than 30,000 metric tonnes (mt) mt of biofuel since completing the country’s first biofuel marine fuel blending operation on 13 March.

The company said the milestone demonstrates its ability to conduct continuous and large-scale biofuel marine fuel blending operations.

The company has been developing marine biofuel blending operations at China (Zhejiang) Pilot Free Trade Zone, leveraging storage and logistics facilities at its Aoshan base.

Its latest product, B24 marine fuel containing 24% biofuel component, meets relevant International Maritime Organization (IMO) requirements and marine fuel standards, according to the company. It said the product can be supplied for bunkering vessels operating on international routes.

It has used its global trading network to secure feedstock supplies and support cost control and supply security for the blending operations, it added.

The company said the large-scale blending of its marine biofuel products marks a development in China’s marine biofuel blending market.

It plans to work with upstream and downstream businesses within its group to support the development of Zhoushan Port as a major bonded marine fuel bunkering hub and contribute to its parent group’s transition towards lower-carbon energy.

Manifold Times previously reported China (Zhejiang) Pilot Free Trade Zone launching the first pilot programme for marine biofuel blending in China with the completion of the first batch of B24-HSFO. 

The launch was marked with the blending of 2,000 mt of biodiesel and 6,300 mt of high sulphur fuel oil (HSFO) in storage tank F-02 of Sinochem-Xingzhong Oil Staging (Zhoushan), producing 8,300 mt of B24-HSFO. 

Manifold Times also reported the first cross-regional bonded bunkering operation of blended biofuel in East China was successfully completed at the Meishan Port Area of ​​Ningbo-Zhoushan Port. 

The B24-HSFO used in the bunkering operation was supplied by the Aoshan Petroleum Base in Zhoushan from the first pilot programme for marine biofuel blending in China. 

Related: Zhoushan completes China’s first batch of marine biofuel blending under pilot programme
Related: Ningbo wraps up East China’s first cross-regional biofuel blending and bunkering
Related: China debuts first marine biofuel blending pilot programme in Zhoushan
Related: China’s first batch of domestically blended marine biofuel delivered to Qingdao for bunkering

 

Photo credit: Sinochem-Xingzhong Oil Staging (Zhoushan)
Published: 21 September, 2026

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Ammonia

NYK wraps up first STS ammonia bunkering operation in Japan

Ammonia fuel was transferred from the ammonia carrier “Shoei Maru” via the STS method to an ammonia-fuelled medium gas carrier, scheduled for delivery in November 2026.

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NYK wraps up first STS ammonia bunkering operation in Japan

NYK Line, on Thursday (17 September) with Japan Marine United Corporation, Nihon Shipyard Co Ltd, Mitsubishi Gas Chemical Company, and Kokuka Sangyo Co Ltd, has completed the world’s first ship-to-ship (STS) ammonia bunkering operation to an ammonia-fuelled vessel. 

At a quay within Japan Marine United Corporation’s Ariake Shipyard, ammonia fuel was transferred from the ammonia carrier Shoei Maru via the STS method to an ammonia-fuelled medium gas carrier (AFMGC) scheduled for delivery in November 2026. 

The operation was conducted in preparation for sea trials of the AFMGC using fuel ammonia.

“This achievement represents an important initiative that has put into practice an operation essential for the future practical deployment of ammonia-fuelled vessels,” the company said. 

The bunkering operation was conducted following extensive discussions among the companies involved. Safe operating procedures and work processes were established prior to the operation, enabling the transfer to be completed safely. Through this initiative, we have accumulated practical insights regarding safe fuel supply operations.

This operation serves as a pioneering example of the fuel-supply framework that will be required for the widespread adoption of ammonia-fuelled vessels. 

The AFMGC is currently in the final stage of construction and is scheduled for delivery in November 2026. 

“The successful completion of this operation marks a significant milestone toward the broader commercial use of fuel ammonia and the practical deployment of ammonia-fuelled vessels. It also represents an important step forward in establishing an ammonia supply chain,” the company added. 

 

Photo credit: NYK
Published: 21 September, 2026

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Ammonia

Azane secures ammonia bunker fuel supply from Yara

Yara will supply ammonia to Azane through its established production and logistics network, and Azane will sell the ammonia to end clients in the maritime fuel market.

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Azane secures ammonia bunker fuel supply from Yara

Azane Fuel Solutions AS (Azane) on Friday (18 September) said it has signed an ammonia supply agreement with Yara Norge AS (Yara), securing access to ammonia for Azane’s marine fuel activities. 

The company said the agreement represents an important step in establishing a reliable ammonia supply chain to support the maritime sector’s transition towards lower-emission operations.

“The agreement strengthens the ammonia value chain and supports Azane’s ambition to deliver reliable and scalable ammonia solutions for the shipping industry,” it said in a statement.  

Under the agreement, Yara will supply ammonia to Azane through its established production and logistics network, and Azane will sell the ammonia to end clients in the maritime fuel market – such as the recently announced agreement with Equinor.

“Securing access to ammonia from a leading global producer is a key milestone for Azane,” said Steinar Kostøl, CEO of Azane Fuel Solutions. 

“As interest in ammonia as a marine fuel continues to grow, strong partnerships across the value chain are essential to ensuring a safe, reliable and commercially viable fuel supply.”

“Ammonia is recognized as a promising low-emission fuel alternative for shipping and offshore operations, and we are pleased to support Azane’s efforts to pilot ammonia supply solutions,” said Gunner Sørensen, Senior Sales Manager, Yara Industrial Solutions. 

“As a leading global producer and supplier of ammonia, Yara is well positioned to provide reliable supply to customers across a range of industries, including emerging applications such as maritime fuel.”

Related: Azane signs ammonia bunkering deal with Equinor, first deliveries due in H2 2026

 

Photo credit: Azane Fuel Solutions
Published: 21 September, 2026

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