Venture Energy Limited and Shenji Energy have signed a strategic procurement and supply agreement for ISCC EU-certified green methanol. The partnership establishes a “green bridge” between Chinese production and global maritime end-users to meet the growing demand for renewable marine fuels.
Hong Kong S.A.R., China | April 13, 2026 – Driven by the global shipping industry’s low-carbon transition, demand for renewable fuels such as green methanol continues to grow. Today, Venture Energy Limited and Shanghai Shenji Energy & Environmental Technology Co., Ltd. (Shenji Energy) jointly announced a strategic collaboration and signed a green methanol procurement and supply agreement.
Key Procurement Terms
Under the agreement, Venture Energy will purchase ISCC EU-certified green methanol from Shenji Energy that fully complies with the European Union’s Renewable Energy Directive (RED). The first shipment is scheduled for delivery and loading in the first half of 2026.
Sustainability and Regulatory Compliance
Produced from sustainable biomass feedstocks including municipal waste, crop straw, and livestock manure, this green methanol delivers significant carbon-reduction benefits. These environmental attributes enable downstream shipping clients to meet stringent regulatory requirements, including:
- EU ETS (Emission Trade Scheme)
- FuelEU Maritime Regulation
Strategic Logistics and “Green Bridge” Services
Leveraging the shipping resources of its parent company, Wah Kwong Maritime Transport Holdings Limited (Wah Kwong), and Hong Kong’s strategic geographical advantage, Venture Energy will act as a bridge between clean fuels in China and end users around the world.
Venture Energy’s value offering also extends to supply-chain services, providing an end-to-end solution for producers seeking to supply customers at key bunkering ports across Asia from plants in Mainland China. Shenji Energy, with its expertise in biomass energy utilisation, supplies high-quality ISCC-certified bio-methanol.
Full-Chain Collaboration
The partnership extends beyond pure product supply, encompassing full-chain collaboration on biogas feedstock and green-fuel ISCC certificates. This establishes a practical, fully traceable framework for the standardised trading of green marine fuels.
About Partners
Shanghai Shenji Energy & Environmental Technology Co., Ltd.
Established in 1987, Shenergy Group is committed to ensuring Shanghai’s energy security and preserving the value of state assets through its guiding principle of “bold exploration with steady operation. By integrating industrial and financial activities, pursuing diverse innovation, and fostering mutual benefit, it has evolved into a comprehensive energy group with a portfolio spanning power, gas, securities, insurance, cables, hydrogen, and environmental protection. Its operations are organized into four primary sectors: power, gas, finance, and strategic emerging industries.
In the field of waste resource utilization, Shenji Energy focuses on converting biomass into energy through integrated, sustainable approaches. As the biomass pioneer within the Shenergy Group, the company is actively strengthening its market position and exploring the feasibility of biomass across a wider range of industrial applications.
About Venture Energy Limited
Venture Energy’s vision is to be a leading provider of next-generation fuels. We develop plant and infrastructure projects to drive maritime decarbonization across Asia and the globe. Together with local partners, we invest in upstream clean fuel production capacity, offering development, sales, marketing, and logistics services to plant consortia, while acting as a reliable project partner to off-takers, particularly in the methanol and ammonia sectors. We provide our international partners with unparalleled visibility into and seamless access to the Chinese clean energy market, while offering our Chinese partners effortless international reach.
Venture Energy is a subsidiary of Wah Kwong, a privately held, integrated shipping company headquartered in Hong Kong. With a history spanning more than 70 years, Wah Kwong is an industry leader in ship owning, ship management, marine consultancy services, and dry bulk operations.
Source: Venture Energy