NYK Group and BHP have set a global maritime benchmark by operating the Green Future, the world’s first oceangoing bulk carrier to utilize low-carbon bio-methanol, slashing well-to-wake GHG emissions by 65%.
Tokyo | Februay 12, 2026 – In a breakthrough for deep-sea decarbonization, the NYK Group has successfully completed a voyage using the world’s first low-carbon methanol-fueled oceangoing bulk carrier. The vessel, Green Future, achieved a staggering 65% reduction in greenhouse gas (GHG) emissions on a well-to-wake basis during its transport of copper concentrate for global resources leader BHP.
This operation marks a pivotal shift for the dry bulk sector, which has traditionally lagged behind the container segment in adopting alternative fuels. The successful transit proves that methanol is no longer just a “future fuel” but a viable, commercial-scale solution for heavy industrial shipping.
The Tech Behind the “Green Future”
Delivered in May 2025, the Green Future is a 65,700 DWT Ultramax bulk carrier built by Tsuneishi Shipbuilding. It features the proprietary TESS66 Aeroline design, which minimizes wind resistance to maximize fuel efficiency.
At its core is a Everllence (MAN B&W 6G50ME-LGIM) dual-fuel engine, capable of running on both conventional fuel and methanol. While methanol significantly reduces local pollutants (SOx and NOx), the use of low-carbon (biomass-derived) methanol is what allowed the vessel to slash its total carbon footprint by over half.
Strategic Bunkering at Ulsan
The fuel for this historic voyage was bunkered at Ulsan Port, South Korea, in September 2025. The operation was a “ship-to-ship” (STS) transfer, demonstrating that existing port infrastructure can be rapidly adapted for methanol.
- Fuel Origin: Produced from biomass-derived feedstock (Renewable Natural Gas and Green Hydrogen).
- Certification: Fully certified under ISCC EU standards, ensuring total traceability and sustainability of the biomass source.
- Supplier: Facilitated through a partnership with ITOCHU Corporation and OCI Global.
Impact on the Value Chain: Scope 1 vs. Scope 3
This voyage highlights the growing synergy between shipowners and cargo owners in meeting climate targets.
| Emission Type | Impact of this Initiative |
| Scope 1 (NYK) | Direct reduction in emissions from NYK’s own vessel operations. |
| Scope 3 (BHP) | Reduction in indirect emissions within BHP’s supply chain (transportation of raw materials). |
| End Product | Lowers the overall carbon intensity of copper products used in global electronics and green energy infrastructure. |
“This effort demonstrates the NYK Group’s commitment to advancing decarbonization through collaboration,” the company stated. “We will continue to promote low-carbon fuels to achieve a more sustainable supply chain.“
Journey Timeline
- May 2025: Vessel delivery and commissioning.
- September 2025: Milestone bunkering of low-carbon methanol in Ulsan, South Korea.
- January 2026: Successful loading of copper concentrate at a port in Chile.
- March 2026: Scheduled arrival and discharge at its final destination in China.
Technical Spotlight: Well-to-Wake (WtW)
For bunkering professionals, the 65% reduction figure is critical because it is measured Well-to-Wake. This means the calculation includes:
- Well-to-Tank: Emissions from the production and transport of the fuel to the ship.
- Tank-to-Wake: Emissions generated during the actual combustion of the fuel on board.
By using bio-methanol, the carbon absorbed during the growth of the biomass feedstock offsets the carbon released during combustion, resulting in the high net reduction.
About BHP
BHP is a global leader in resources, headquartered in Melbourne, Australia, with a vast portfolio spanning iron ore, copper, coal, oil, and gas. As one of the world’s largest dry bulk charterers, BHP’s commitment to maritime decarbonization is a powerful market signal. Its Scope 3 emissions (which include emissions from chartered shipping) are substantial, making partnerships like this critical to achieving its aspirational goal of net zero Scope 3 emissions by 2050.
BHP is actively involved in green shipping initiatives, including being a founding member of the Maritime Decarbonisation Centre in Singapore, emphasizing its role in supporting the uptake of low-to-zero GHG emission fuels.
About NYK Line
Established in 1885 in Japan, NYK Line, formally known as Nippon Yusen Kabushiki Kaisha, has emerged as a global leader in the maritime industry over its 135-year history. Operating a diverse fleet, including container ships, bulk carriers, and tankers, NYK serves over 800 locations worldwide, offering a comprehensive suite of shipping services.
NYK Line has earned recognition for its commitment to innovation, sustainability, and safety, navigating the complexities of global logistics with diligence and foresight. This ongoing dedication underscores NYK’s pivotal role in shaping the future of ocean transport and reaffirms its status as a cornerstone of the maritime landscape.
Source: NYK Line