Vopak partners Green Marine to develop green methanol storage for bunkering

The duo seeks to develop green methanol storage facilities in the Chinese ports of Shanghai and Tianjin.

PHOTO: Aerial view of a container terminal in the port of Tianjin, China. Getty Images

Danish maritime firm Green Marine Group intends to secure port storage capacity in order to cater to green methanol demand from ships in China.

Its partnership with terminal storage operator Vopak comes just days after Vopak announced plans to repurpose some of its existing storage tanks in Tianjin port in Northern China for alternative fuels such as green methanol.

Green Marine also intends to use Vopak’s storage terminals in Singapore. Last month, dual-fuel ships operated by X-Press Feeders and Proman were bunkered with methanol at the Vopak Penjuru Terminal in Singapore.

The total global methanol-fuelled fleet is currently only made up of 35 vessels. But it is set for fast growth with another 184 expected to join the fleet by 2026, according to DNV data.

By Nithin Chandran

Please get in touch with comments or additional info to news@engine.online