Advario has begun storing green methanol at our Daya Bay Terminal in China. This marks another development in our journey to support lower-carbon marine fuels.
Through a new trial operation with Shenzhen Port Energy Development Co. Ltd., we receive green methanol by truck and deliver it by vessel to Shenzhen Port for use in bunkering services for major shipping lines including COSCO, Maersk and HPL. The first vessel loading took place last week, and close collaboration across our teams has been essential in making this possible.
We are now working with our customer to explore a significant scale-up with a targeted capacity of 5,000 to 8,000 cbm by Q3 2026 subject to bonded storage approval. This next phase will enable both ship-in and ship-out movements and support the continued growth of green methanol bunkering in the region.
As green methanol becomes an increasingly important option for the decarbonization of global shipping, this work reinforces our commitment to stand alongside customers and partners in shaping practical paths toward a lower-carbon future.
