Ulsan Port Achieves Milestone with First Bulk Carrier Methanol Bunkering

In a significant advancement for sustainable shipping, Ulsan Port in South Korea has successfully completed its first methanol bunkering operation for a bulk carrier. The NYK-chartered dual-fuel vessel, Green Future, received green methanol in a ship-to-ship operation on Sunday, marking a pivotal moment in the port’s commitment to eco-friendly fuel solutions. This operation builds on Ulsan’s previous methanol bunkering efforts for container ships earlier this year and in 2024.news
Green Methanol Supply and Future Prospects
The green methanol used in this operation was produced by OCI Global and delivered by Itochu Corporation at the OTK terminal. This successful bunkering not only highlights Ulsan Port’s expanding capabilities but also reinforces its role in the transition to greener shipping practices. The Ulsan Port Authority (UPA) expressed pride in this achievement, stating that it signifies the port’s ability to handle commercial-scale green methanol bunkering operations.
Jae-young Byeon, President of UPA, emphasized the importance of this milestone, noting that it expands Ulsan’s track record from container ships to bulk carriers. This development is expected to attract more vessels seeking sustainable fuel options, positioning Ulsan as a leader in the maritime industry’s shift towards environmentally friendly practices. The port’s commitment to innovation in bunkering operations reflects a broader trend in the shipping sector, where the demand for cleaner fuels is rapidly increasing.
As the global shipping industry continues to face pressure to reduce emissions, Ulsan Port’s successful methanol bunkering operation serves as a promising example of how ports can adapt to meet these challenges. The ongoing efforts in Ulsan may pave the way for more ports to follow suit, ultimately contributing to a more sustainable future for maritime transport.