The chemical tanker Kokuryu Maru, a vessel designed for both chemical transport and methanol bunkering, recently concluded its inaugural methanol fueling operation. This milestone was announced by Mitsubishi Gas Chemical Company (MGC), Kokuka Sangyo Co., and Hanshin Diesel Works. The vessel, which is Kokuka Sangyo's first ship specifically designed to run on methanol, received biomethanol produced at MGC's Niigata Plant using a mass balance method. The bunkering took place at Kinoe Port.
For freight forwarders and logistics professionals, the increasing adoption of methanol as a marine fuel signifies a growing trend towards decarbonization in shipping. This development could lead to more sustainable shipping options, potentially impacting vessel availability on certain routes as more dual-fuel ships enter service. While direct rate impacts are not immediate, the long-term shift towards alternative fuels may influence bunker surcharges and overall freight costs as the industry invests in greener technologies and infrastructure. Forwarders should monitor the expansion of methanol bunkering facilities and the availability of methanol-fueled vessels to advise shippers on greener supply chain solutions.
