EUKOR, SIPG Energy, and World Fuel Complete First Green Methanol Bunkering of New Shaper Class Car Carrier at Port of Shanghai

FOR IMMEDIATE RELEASE: July 21, 2026

CONTACT
World Fuel
Pete Stevens, [email protected]

July 21, 2026 – SHANGHAI – EUKOR Car Carriers, SIPG Energy, and World Fuel have successfully completed the first green methanol bunkering of M/V Arctic Tern, the first vessel in the new Shaper Class series of car carriers, at the Port of Shanghai.

The operation involved the delivery of approximately 2,800 MT of green methanol to Arctic Tern via a ship-to-ship transfer using SIPG Energy’s dedicated methanol bunkering vessel M/V Hai Gang Zhi Yuan, the largest vessel of its kind in operation. The bunkering operation was carried out at Haitong Terminal, Waigaoqiao Port Area, Shanghai Port, with cargo handling operations conducted simultaneously during bunkering.

This marks EUKOR Car Carriers’ first green methanol operation and the first time Arctic Tern has bunkered methanol since her delivery on July 9. The operation marked the first bunkering at Shanghai Port of green methanol produced locally in Shanghai for an international PCTC operator. It also demonstrated the city’s integrated green methanol value chain, spanning local production, storage and bunkering, and established a replicable “Shanghai Model” for green methanol supply.

World Fuel arranged the supply and delivery of the fuel on behalf of EUKOR Car Carriers, working with SIPG Energy as the physical supplier at the Port of Shanghai.

The green methanol supplied was produced from municipal solid waste, ISCC-EU certified, and had a carbon intensity value below 25 gCO₂e/MJ.

Arctic Tern is the first of fourteen Shaper Class vessels ordered by Wallenius Wilhelmsen. With a capacity of 9,300 car equivalent units and methanol dual-fuel capability, the vessel will be operated by EUKOR Car Carriers, jointly owned by Wallenius Wilhelmsen and Hyundai Motor Group. Following her first green methanol bunkering, Arctic Tern will continue her maiden voyage from Asia to Europe.

Xavier Leroi, COO Shipping Services at Wallenius Wilhelmsen and CEO of EUKOR Car Carriers, said: “Completing Arctic Tern’s first green methanol bunkering shortly after delivery is a significant milestone towards our decarbonization ambition for both EUKOR Car Carriers and Wallenius Wilhelmsen. It demonstrates how investments in next-generation vessel technology and fuel flexibility are being translated into real-world operations. This achievement reflects the strong collaboration between all parties involved. Together, we have shown how partnerships across the maritime value chain can help make lower-emission fuels available and operationally viable at scale.”

Mark Tamsitt, SVP Global Marine Sales at World Fuel, said, “The first bunkering event with a new fuel is a significant moment for any shipowner, and our role is to make it as seamless as possible. By connecting EUKOR Car Carriers with SIPG Energy’s proven green methanol capability at the Port of Shanghai, we were able to deliver on reliable supply, fuel quality, and safe processes. As more of our customers bring methanol dual-fuel tonnage into service, we are committed to being the partner that makes these kinds of operations routine.”

Mr. Zhang Da, General Manager of SIPG Energy, said, “Welcoming Arctic Tern to the Port of Shanghai for her first green methanol bunkering demonstrates the strength and maturity of our supply capability. Building on our well-established methanol ship-to-ship bunkering services for container vessels, we have already extended such services to pure car and truck carriers (PCTCs). This bunkering sets a new record for the largest single SIMOPs green methanol bunkering for PCTCs in China, marking another step in building Shanghai’s position as a global green energy hub for international shipping.”

This operation follows Wallenius Wilhelmsen’s announcement on July 9 that Arctic Tern would complete her first methanol bunkering shortly after delivery. The vessel entered service on routes between Asia and Europe immediately following handover from China Merchants Jinling Shipyard in Nanjing.

M/V Arctic Tern receives its first green methanol bunkering at the Port of Shanghai

M/V Arctic Tern receives its first green methanol bunkering at the Port of Shanghai

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About World Fuel

Headquartered in Miami, Florida, World Fuel is a leading global provider of aviation, marine and ground-based transportation fuels and complementary services. Through an integrated global supply and logistics network, it sources and distributes products and services to meet customer needs across more than 200 countries and territories throughout the world, including lower-carbon fuels to support customers’ energy transition objectives. In the United States, the Company also markets natural gas and related solutions. For more information, visit www.worldfuel.com.

About EUKOR Car Carriers

EUKOR Car Carriers is a leading provider of ocean transportation services for vehicles and rolling equipment. Established in 2002, EUKOR Car Carriers is jointly owned by Wallenius Wilhelmsen and Hyundai Motor Group. As part of the Wallenius Wilhelmsen group, EUKOR Car Carriers combines global maritime expertise with a strong automotive heritage to deliver reliable, efficient and increasingly sustainable shipping solutions to customers worldwide. Together with the Wallenius Wilhelmsen group, EUKOR Car Carriers operates around 127 vessels servicing 15 trade routes to six continents, connecting customers across Asia, Europe, the Middle East, Oceania and the Americas. For more information, visit www.eukor.com.

About SIPG Energy

SIPG Energy (Shanghai) Co., Ltd., established in November 2023, is the integrated energy arm of Shanghai International Port (Group) Co., Ltd. and operates a bunkering fleet including the LNG bunkering vessel Hai Gang Wei Lai and the methanol bunkering vessel Hai Gang Zhi Yuan.