Vehicle-carrying specialist Wallenius Wilhelmsen has entered into a two-year fuel contract with Equinor for the supply of mass-balanced bio-methanol. The fuel will be produced in Norway.
This agreement marks a development towards delivering a net-zero end-to-end pilot service for Wallenius Wilhelmsen customers from 2027. The two-year contract is for significant supplies of bio-methanol for methanol vessels. The fuel will be produced in Norway and delivered to Wallenius Wilhelmsen vessels in Antwerp and Zeebrugge.
The mass-balanced bio-methanol is certified according to ISCC EU and will reduce CO2 emissions by 95%.
“Signing this deal with Equinor marks an important milestone for us at Wallenius Wilhelmsen. Securing low-carbon bio-methanol supports the decarbonization of our ocean operations, while strengthening our ability to deliver lower emission end-to-end logistics for customers. Partnerships like this are essential to scaling alternative fuels and moving from ambition to execution,” said Xavier Leroi, Chief Operating Officer Shipping Services at Wallenius Wilhelmsen.
“We continue to see increasing interest in bio-methanol as a practical, scalable solution for decarbonisation of shipping. This partnership with Wallenius Wilhelmsen marks a substantial step forward in bringing Equinor’s bio-based methanol to the growing marine segment for low carbon fuels. Equinor has previously signed supply agreements for bio-methanol with Maersk and NCL, and we are progressing several leads for both bio and conventional methanol supply agreements,” said Alex Grant, SVP Crude, Products and Liquids at Equinor.