Proman is showcasing the potential of Point Lisas Port in Trinidad and Tobago as a key location for methanol bunkering, with plans to supply 2,100 MT of methanol to ships in August 2024.
With 2 ships refuelling this month, 12,500 MT of methanol fuel will have been supplied by Proman to vessels in Trinidad in the past 12 months, demonstrating its potential as a methanol bunkering hub
Stena Prosperous was refuelled in the port of Point Lisas on 16 August with methanol produced at Proman’s local facilities. With Stena Pro Patria also being refuelled here in the coming days, the company will have supplied 2,100 MT of methanol fuel to ships in August alone, and 12,500 MT in the past 12 months, further demonstrating Trinidad’s potential as a methanol bunkering hub.
The 49,900 DWT IMOIIMeMAX vessels are part of the six strong fleet commissioned by Proman and Stena Bulk in 2019 and delivered between 2022 and January 2024.
When used as a marine fuel, all forms of methanol virtually eliminate particulate matter (PM) and sulphur oxides (SOx) and cut nitrogen oxides (NOx) by up to 80% during combustion, compared with petroleum-based fuels. With all six ships now on the water operating on methanol instead of VLSFO, the GHG emissions savings for 2024 are estimated to be over 8,000 tonnes.
Anita Gajadhar, Executive Director, Marketing and Logistics 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.”
Methanol is widely available at over 120 ports globally, including Point Lisas in Trinidad, where methanol refuelling is now regularly conducted. Data from DNV shows that 300 methanol fuelled vessels are expected to be on the water by 2027, not including bunker barges or retrofits, and over 70 have been ordered so far in 2024 alone.
