China Marine Bunker signs green methanol supply deal with Shenergy

Chinese bunker supplier China Marine Bunker (Chimbusco) has signed a green methanol procurement agreement with state-owned energy company Shenergy Group for use as marine fuel.

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Under the agreement, Chimbusco will procure 6,000 mt of green methanol, representing the largest single green methanol procurement deal completed in China to date, according to Chimbusco Europe.

The companies also held a delivery ceremony at the Shanghai Jinshan Vopak Terminal to mark the agreement.

Chimbusco has been steadily expanding its methanol bunkering capabilities, having successfully carried out demonstration bunkering projects at major Chinese ports including Shanghai Yangshan, Dalian, Ningbo-Zhoushan, Qingdao and Shenzhen.

The company is currently the designated methanol bunker provider at both Shanghai Port and Ningbo Port.

Earlier this month, it also took delivery of a newly built methanol bunker barge.

By Tuhin Roy

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