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Stolt-Nielsen Limited in discussions to sell up to 50% in Avenir LNG Limited
Globenewswire· 2026-01-26 16:20
Group 1 - Stolt-Nielsen Limited is in discussions to potentially sell up to 50% of its interest in Avenir LNG Limited to a strategic buyer [1] - Avenir LNG is a leader in small-scale liquefied natural gas (LNG) supply, focusing on supporting the marine energy transition with a significant fleet of small-scale LNG vessels [2] - The potential sale agreement is subject to final documentation and customary approvals, expected in the first quarter of 2026, with plans for Stolt-Nielsen to jointly own and operate Avenir LNG as a joint venture if an agreement is reached [3] Group 2 - Stolt-Nielsen Limited is a long-term investor and manager of businesses in logistics, distribution, and aquaculture, with a portfolio that includes global bulk-liquid and chemicals logistics businesses [4]
Methanex Launches Global Methanol Bunkering Operations with Strategic Partnerships in the ARA Region and South Korea
Globenewswire· 2025-09-23 21:00
Core Insights - Methanex Corporation has announced new strategic partnerships in the ARA region and South Korea to enhance its role in the marine energy transition [1][2] - The partnerships aim to provide safe and reliable methanol bunkering services in key global trade corridors, supporting maritime decarbonization efforts [2][3] Group 1: Partnerships and Collaborations - In the ARA region, Methanex is collaborating with TankMatch to offer barge-to-ship methanol bunkering, building on a previous arrangement acquired through OCI [1][2] - In South Korea, Methanex is partnering with Alpha Maritime and Hyodong Shipping to facilitate last-mile bunkering operations [1][5] - All partners are vetted to meet Methanex's operational and safety standards, ensuring a reliable service [2] Group 2: Industry Context and Demand - The demand for low-carbon methanol is expected to increase significantly in the coming years, prompting Methanex to expand its supply capabilities [3] - The partnerships are positioned to help the maritime industry comply with tightening regulatory requirements regarding fuel emissions [3] Group 3: Expertise and Safety Measures - Methanex leverages over a decade of experience with its subsidiary, Waterfront Shipping, to ensure a safe bunkering experience [2] - The company has developed a comprehensive methanol bunkering safety package and technical guidance based on international protocols [2]