HK cruises ahead towards green fuel supply chain

Hong Kong has been building a comprehensive supply chain for green fuel since rolling out the Action Plan on Green Maritime Fuel Bunkering in November 2024, Secretary for Transport and Logistics Mable Chan said. Officiating at the first green methanol bunkering ceremony on Thursday, Chan said the SAR had established itself as a port for regular operations and bunkering involving liquefied natural gas and biofuel. "Last year, we carried out 16 bunkering operations for liquefied natural gas and 110 operations for biofuels, involving up to 220,000 tonnes of fuel-loading capacity for marine vessels," she said. "We will focus on green methanol next to provide global shipping companies with a comprehensive supply chain and trading environment, with the aim of offering the best solution for different stakeholders in the international shipping industry." To achieve the goal, Chan said, the Marine Department had already released a set of working guidelines on methanol bunkering. She added the relevant tax incentive policies had gained support from the Legislative Council. Sinopec Hong Kong, the company providing green methanol for the ceremony, said it was planning to build a storage facility for the fuel in the city, after it became the first company in the SAR to blend and provide biofuel in July – with the amount supplied so far exceeding 50,000 tonnes. Clean energy storage facility provider, CIMC Enric, said Hong Kong could offer a great opportunity for the development of green methanol bunkering despite limitations in operational costs and space. It was also confident that the city's competitiveness in biofuels would continue to rise in the future. Edited by Tony Sabine