Point Lisas Becomes a Major Methanol Refuelling Hub Under Proman’s Expansion

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  • Proman supplied 12,500 metric tonnes of methanol fuel to ships in Trinidad over the past 12 months, showcasing methanol as a viable alternative marine fuel.
  • The shift to methanol-powered vessels significantly reduced GHG emissions, with over 8,000 tonnes of CO2e savings expected in 2024.
  • Methanol is increasingly adopted as a marine fuel globally, with over 300 methanol-powered ships projected to be on the water by 2027.

Proman has supplied 12,500 metric tonnes (mt) of methanol fuel to ships in Trinidad in the last 12 months. In August alone, 2,100 mt of methanol fuel was supplied, refuelling the Stena Prosperous on 16 August and planning to refuel Stena Pro Patria soon, reports Bunkerspot.

GHG Savings

The Stena Prosperous, one of six IMOIIMeMAX vessels commissioned by Proman and Stena Bulk, completed its journey from Singapore to Trinidad, stopping at various ports along the way. It was bunkered in Singapore with a 20/80 green/conventional methanol blend, resulting in a 31% reduction in CO2e emissions compared to using Very Low Sulphur Fuel Oil (VLSFO).

Proman’s Emission Reductions

All six of Proman’s IMOIIMeMAX vessels now run on methanol instead of VLSFO, with estimated GHG emissions savings of over 8,000 tonnes for 2024. Anita Gajadhar, Executive Director at Proman said ,“Methanol is increasingly becoming a mainstream marine fuel as ship owners understand its versatility and cleaner burning properties. Because every methanol molecule is the same, no matter what feedstock it is produced from, it can be blended as production of green methanol is ramped up over time, providing a pathway to net zero. ‘Stena Prosperous’ journey from Singapore to Trinidad has showcased this and the ability of ship owners to meet the trajectory of greenhouse gas emissions reductions required by the IMO and regulatory frameworks such as Fuel EU Maritime with methanol.” 

Global Methanol Adoption

Methanol is now available in over 120 ports globally. According to data from DNV, 300 methanol-fuelled ships are expected to be operational by 2027, with over 70 ordered in 2024 alone. Proman’s regular refuelling operations in Trinidad highlight the country’s growing role as a bunkering hub for cleaner marine fuels.

Aleeya Ali, Managing Director of Operations for Proman Trinidad commented,“The huge increase in orders for methanol-fuelled ships, and our regular refuelling here in Trinidad, shows the viability of methanol as a marine fuel and the potential of Point Lisas and Trinidad as a bunkering hub. We are proud to not only export Trinidad produced methanol, which supports jobs, the local economy and our communities, but to also put Trinidad on the map as a hub for cleaner, alternative marine fuels.”

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Source: Bunkerspot