Methanol-ready: Committed, one vessel at a time

The energy transition in the marine sector is no longer a future scenario. It is happening now, and it is accelerating. Across the global order book, a clear signal is emerging: companies are not only talking about decarbonisation—they are starting to invest in it.

Among the alternative fuels gaining traction, methanol is becoming a realistic option for many shipowners. Its advantages are clear: compatibility with existing infrastructure, relatively easier storage and handling, and growing availability in major global ports. Singapore, where the Group is consolidating its operations, is one of the places where methanol bunkering is most likely to scale in the coming years.

This is the context in which we have placed orders for multiple methanol-ready bunker barges in Singapore. 
The first two confirmed our strategy. The third underlined our confidence. The fourth showed that this is not a test—it’s a direction.

Ordering these vessels means believing in the future of methanol and being ready to serve customers who are serious about decarbonisation.

This project is the result of strong collaboration between the Marine Energy and Shipowning business units. Their ability to act as one, from investment planning to technical delivery, has been essential. It is also a reflection of the trust we have received from clients, authorities, and internal teams, all of whom support this vision and contribute to its execution.

These orders are not symbolic.

They are operational, strategic, and tangible. They represent a business choice rooted in a long-term view, where we prioritise relevance and readiness over hype. In this sense, methanol-ready is more than a technical label. It is a step toward building a bridge between where the industry stands today and where it needs to go.