Delivering firm Proman Stena Bulk filled one of its dualfuelled vessels with nearly 1,340 metric tons of methanol in Singapore on Friday, the company's. Such operation there.

The operation leads the way for more cleaner-burning fuels. to be provided to ships in Singapore, the world's biggest. bunkering port. Delivering creates 3% of global greenhouse gas. emissions.

The joint venture (JV) in between Swiss methanol manufacturer. Proman and Swedish shipping company Stena Bulk has actually developed six. dual-fuelled tankers to drive the use of methanol in powering. ships.

The Stena Prosperous, a 49,000-deadweight lot tanker that. ships chemicals and refined products, was filled with a 20:80. blend of conventional and green methanol, Singapore's Maritime. Port Authority (MPA) stated.

Global Energy Trading provided the fuel to the tanker utilizing. chemical barge MT Kara, it added.

Singapore is one action closer to developing its full. capability to deliver methanol bunkering at a commercial scale,. the MPA said, including that another operation for synchronised. methanol bunkering and freight operations for a container vessel. will occur next week.

The green methanol acquired by Proman's marketing arm. Valenz stems from China and brings the International. Sustainability and Carbon Accreditation (ISCC), Proman's. executive director of marketing, logistics and shipping Anita. Gajadhar informed reporters at Stena Prosperous' identifying ceremony on. Thursday.

The conventional methanol was produced at Proman's plant in. Oman, she included.

Green methanol expenses four to five times more than the. conventional version.

The methanol mix will lower carbon emissions by 31%. compared with the exact same voyage making use of Really Low Sulphur Fuel. Oil, Proman Stena Bulk said.

All 6 ships are in operation and are running completely on. methanol, Gajadhar stated.

Far, the fleet has actually refuelled methanol in South Korea, the. U.S. and in Trinidad and Tobago, she added. Each vessel uses. 32-35 tons of methanol per day, depending upon weather and freight. weight, she said.

Nevertheless, Stena Bulk's CEO Erik Hanell stated the JV is. not likely to broaden its fleet for now as rates for new ships. have sky-rocketed.

We're generally on par with 2007 when ship costs were at. the greatest, he said.

Instead, Stena Bulk is exploring with engine makers such as. MAN ways to retrofit its existing fleet to burn alternative. fuels.

Methanol will probably be on top of the list of capacity. fuels that we want to mix with business fuels, Hanell. included.

Europe's carbon price will need to increase a lot greater than. the existing $60 per ton to encourage shippers to switch to green. methanol, Hanell said.

In Europe, under the Emissions Trading System, carriers pay. for each ton of carbon dioxide they release by giving up carbon. allowances as part of the bloc's efforts to satisfy its environment. targets.