Wah Kwong subsidiary signs bio-methanol supply deal with Shenji Energy

Venture Energy, the clean fuels arm of Hong Kong-based shipping group Wah Kwong, has entered into a strategic agreement with Shanghai Shenji Energy & Environmental Technology (Shenji Energy) to source and supply bio-methanol.

IMAGE: Container ship and working crane bridge with Hong Kong skyline in the background. Getty Images

Under the deal, Venture Energy will procure ISCC EU-certified bio-methanol that meets the standards set by the European Union’s Renewable Energy Directive (RED). The first cargo is expected to be delivered and loaded in the first half of 2026.

The fuel will be produced using biomass-based feedstocks such as municipal waste, agricultural residues, and livestock manure.

Last month,Wah Kwong-managed bunkering vessel Da Qing 268 supplied 500 mt of bio-methanol to China Merchants Energy Shipping’s methanol dual-fuel roll-on/roll-off (RoRo) vessel CM Hong Kong.

By Tuhin Roy

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