Stena Provident successfully completes first ever methanol bunkering at the Port of Savannah

Stena Provident, one of six state-of-the-art methanol fuelled IMOIIMeMAX ships commissioned through the partnership between Proman and Stena Bulk, completed the first ever methanol bunkering at the Port of Savannah, in Georgia, US on 29th February 2024. The vessel, which is time-chartered by Bahri Chemicals, successfully loaded almost 1000 MT of methanol at Colonial Terminals’ Lathrop 2 facility, in an historic first for the port.

The landmark represents another step forward for methanol as a marine fuel. 2023 saw a record number of orders for methanol-fuelled vessels, as its benefits as a cleaner burning fuel were further understood. According to DNV, the number of methanol-fuelled ships in operation will more than double this year, with over 250 such ships in operation by the end of 2026.

Stena Provident

Anita Gajadhar, Executive Director of Marketing and Logistics at Proman, said: “Savannah is a significant port and completing the first-ever methanol bunkering here underlines the growing demand for methanol as a marine fuel, and the increasing industry acceptance of its role on the pathway to achieving a lower-emission future for the shipping sector.

Our fleet of methanol-fueled vessels have been in operation around the world for over 20 months and we are proud to be enabling others to gain valuable operational experience of using methanol as a marine fuel by time chartering Stena Provident and other ships in the fleet. The bunkering was made possible thanks to the collaboration with Bahri Chemicals and Colonial Terminals, and I am sure it marks the first of many methanol refuellings at the port”.

“We pride ourselves on the safe and efficient handling of our customers’ diverse mix of bulk products, as well as leading and supporting marketplace innovation,” said Ryan Chandler, President of Colonial Terminals. “We are grateful to be included in this collaborative effort that supplied the first methanol bunkers in the Savannah market.”

Terence Collins, Director Chartering at Bahri Chemicals added:  “We’d like to applaud our partners at Proman and Colonial Terminals for their expert handling of the inaugural methanol bunkering procedure in Savannah. We are quite sure this will be the first of many smooth and successful operations at the terminal not only for us, but for many other operators.”

The Port of Savannah is a major hub for the world’s biggest shipping companies as the fourth busiest port in the US. It is also home to the largest single-terminal container facility of its kind in North America.

Methanol brings immediate cleaner air benefits when used instead of conventional marine fuels, cutting nitrogen oxides (NOx) by up to 80 percent and virtually eliminating sulphur oxides (SOx) and particulate matter.

It offers a credible pathway to a lower-emission future because methanol produced from different feedstocks and with the use of Carbon Capture technology can be blended or produced at a lower carbon intensity as production of green methanol ramps up. This is enabling vessel owners to take the long-term investment decisions needed to allow their vessels to comply today and throughout their operational life.

Methanol is also widely available at over 120 ports globally, compatible with existing technology, easy to handle, and biodegradable in water.

Stena Provident was officially named at a ceremony hosted at Guangzhou Shipyard International (GSI) in China in November 2023 alongside the Stena Progressive. In January 2024, Proman announced a 5 year time-chartering agreement for both ships with Bahri Chemicals.

About Proman: Proman is an integrated industrial group and global leader in natural gas derived products and services. Headquartered in Switzerland, with assets in the United States, Trinidad and Oman, and ongoing expansion into Mexico, Canada and the United Arab Emirates (UAE), Proman is the world’s second largest methanol producer and has extensive experience in petrochemical plant operations, petrochemical and power plant construction, product marketing and logistics, and project management.

Proman is committed to developing low-carbon and green methanol and ammonia as cleaner alternatives to fossil fuels, offering a pathway to drastically cutting emissions across sectors including transport and industry.

About Bahri Chemicals: Bahri Chemicals, also known as National Chemical Carriers (NCC) Ltd Co of Saudi Arabia, was established in 1992 as an 80/20 joint venture between Bahri and Saudi Basic Industries Corporation (SABIC), respectively.  Bahri Chemicals owns a fleet of 27 pure IMO2 chemical carriers including 1 LR1-sized IMO2 vessel.

About Colonial Terminals: Colonial Terminals, Inc. (CTI) is an industry leader in the handling and storage of liquid and dry bulk products. Colonial Terminals began operations in 1934 with the construction of a 21-acre, deep-water terminal located on the Savannah River to serve the burgeoning import/export petroleum storage market. Today, Colonial Terminals owns and operates the largest independent liquid and dry bulk storage facilities with breakbulk capability in the Southeastern United States. Colonial Terminals is a wholly owned subsidiary of Colonial Group, Inc.