Wah Kwong Maritime Transport, a prominent privately owned Hong Kong-based shipowner with one of the youngest fleets in the world, has joined forces with CIMC ENRIC Holdings, a global leader in clean energy equipment manufacturing, to launch a groundbreaking Green Methanol, Bio-Methanol bunkering initiative. This strategic partnership aims to revolutionize marine fuel logistics and bunkering services across the Greater Bay Area (GBA) and throughout Asia. The historic collaboration was formalized at a signing ceremony in Shenzhen on February 26, 2025, marking a major step forward in the development of sustainable marine fuel solutions.
As leaders in their respective fields, Wah Kwong is recognized for its diversified and modern fleet, while CIMC ENRIC is renowned for its high-quality clean energy equipment and integrated services. Together, they will combine their expertise to advance green methanol applications, offering a new fuel alternative that can drive the maritime industry‘s transition to cleaner energy. This partnership also aims to establish the first green methanol bunkering pilot operation in the GBA, contributing to the region’s ambitions for sustainable growth and environmental stewardship.
Wah Kwong’s Legacy and Commitment to Sustainable Growth
Founded in Hong Kong, Wah Kwong Maritime is one of the city’s leading privately owned shipowners, operating a fleet of modern mid- to large-sized bulk carriers, tankers, and small pressurized LPG carriers. With an impressive fleet age averaging just four years, Wah Kwong is a globally recognized name in shipping, operating its vessels on long-term charters with major global commodity and raw material companies. Known for its stability, strong financial position, and flexible approach to commercial partnerships, Wah Kwong is committed to expanding its operations through prudent fleet management and innovative business models.
CIMC ENRIC: A Global Leader in Clean Energy Solutions
CIMC ENRIC, a subsidiary of the CIMC Group, is a global powerhouse in manufacturing high-pressure and cryogenic equipment for clean energy industries such as LNG, CNG, and hydrogen. With decades of expertise, Enric designs and manufactures products that meet international standards, providing cutting-edge solutions for the storage and transportation of clean fuels. The company is instrumental in the development of cleaner energy infrastructure, with a broad portfolio that spans LNG fueling stations, hydrogen energy solutions, and LNG multimodal transportation systems. CIMC ENRIC’s commitment to advancing the global clean energy transition makes it a natural partner for Wah Kwong in this ambitious green methanol project.
Pioneering a Sustainable Future for the Maritime Industry
This partnership is set to pave the way for the adoption of green methanol as a marine fuel in Asia, with both companies at the forefront of the transition to cleaner maritime energy solutions. Green methanol, a promising alternative to traditional marine fuels, is gaining traction as an essential component in reducing carbon emissions in the shipping industry. Through this collaboration, Wah Kwong and CIMC ENRIC will develop a scalable, pilot green methanol bunkering operation in the GBA, with the potential for expansion to other key maritime regions.
The collaboration represents not just a shared vision for a more sustainable future, but also a new model for industry cooperation. By working with key stakeholders across the entire value chain, both Wah Kwong and CIMC ENRIC are committed to accelerating the development and deployment of green methanol bunkering infrastructure, making it a viable option for global shipping.
About CIMC ENRIC Holdings Limited
CIMC ENRIC, a subsidiary of CIMC Group, is a world-class manufacturer and service provider for clean energy solutions, specializing in LNG, CNG, hydrogen, and other gas transportation and storage equipment. With a history dating back to 1970 and a strong global presence, CIMC ENRIC designs, manufactures, and supplies high-quality products that meet international standards, helping to advance the clean energy transition in industries ranging from shipping to petrochemicals.
About Wah Kwong Maritime Transport Holdings Limited
Wah Kwong Maritime is a leading privately owned shipowner based in Hong Kong, renowned for its modern, diversified fleet and strong industry reputation. The company owns one of the youngest fleets in the world, comprising bulk carriers, tankers, and small pressurized LPG carriers. Wah Kwong specializes in providing flexible maritime transport solutions and is recognized for its long-term partnerships with leading global charterers and its innovative approach to fleet management.
The strategic alliance between Wah Kwong and CIMC ENRIC represents a major leap forward in the green methanol bunkering sector and sets the stage for broader industry transformation, underscoring both companies’ commitment to a more sustainable and environmentally responsible future for global shipping.