Venture Energy Signs Green Methanol Supply Deal with Shenji Energy

(Bunker Index) Hong Kong-based firm to purchase ISCC EU-certified biomass-derived methanol for shipping clients. -- Hong Kong-based Venture Energy Ltd has signed a green methanol procurement and supply agreement with Shanghai Shenji Energy & Environmental Technology Co., Ltd. (Shenji Energy), with the first shipment due to be delivered and loaded in the first half of 2026.

Under the agreement, Venture Energy will purchase ISCC EU-certified green methanol from Shenji Energy that complies with the European Union’s Renewable Energy Directive (RED).

The green methanol is produced from sustainable biomass feedstocks, including municipal waste, crop straw and livestock manure. These characteristics can help downstream shipping customers meet regulatory requirements, including the EU ETS (Emission Trade Scheme) and FuelEU Maritime.

Venture Energy said it will use the shipping resources of its parent company, Wah Kwong Maritime Transport Holdings Limited, together with Hong Kong’s geographical position, to link clean fuel producers in China with end users worldwide.

According to the Hong Kong firm, its offering also includes supply-chain services aimed at providing an end-to-end solution for producers seeking to supply customers at key bunkering ports across Asia from plants in mainland China.

The partnership goes beyond product supply to include collaboration on biogas feedstock and green-fuel ISCC certificates, with the companies saying this creates a practical, fully traceable framework for standardised green marine fuel trading. READ MORE

Excerpt from Venture Energy: 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 (“Venture Energy”) and Shanghai Shenji Energy & Environmental Technology Co., Ltd. (“Shenji Energy”) jointly announced a strategic collaboration and signed a green methanol procurement and supply agreement.

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.

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 the EU ETS (Emission Trade Scheme) and the FuelEU Maritime Regulation.

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 the Mainland China. Shenji Energy, with its expertise in biomass energy utilisation, supplies high-quality ISCC-certified biomethanol.

Venture Energy’s vision is to be a leading provider of next generation fuels. We develop plant and infrastructure projects to drive maritime decarbonisation across Asia and the world. Together with local partners, we invest in upstream clean fuel production capacity, offering development, sales, marketing, and logistics services to plant consortia, and a reliable project partner to off-takers, particularly of methanol and ammonia. We offer our international partners unparalleled visibility of and seamless access to the Chinese clean energy market, and our Chinse partners an effortless international reach.

Venture Energy is a subsidiary of Wah Kwong, a privately-held integrated shipping company headquartered in Hong Kong with more than 70-year history, involved in ship owning, ship management, marine consultancy services and dry bulk operating.

Founded in 2021, Shanghai Shenji Energy & Environmental Technology Co., Ltd. is a wholly-owned subsidiary of Shenergy (Group) Co., Ltd., focusing on biomass energy reuse.

Shenergy Group was originally established in 1987. Since its inception, Shenergy has been committed to ensuring Shanghai's energy security and preserving the value of state assets, following the principle of “bold exploration with steady operation”. By combining industrial and financial activities, pursuing diverse innovation, and working for mutual benefit, it has grown into a comprehensive energy group covering power, gas, securities, insurance, cables, hydrogen, environmental protection and more. Its operations are organised into four main sectors: power, gas, finance, and strategic emerging industries.

In the field of waste resource utilisation, Shenji Energy focuses mainly on converting biomass into energy and other integrated approaches. As a pioneer in biomass within the Shenergy Group, the company is actively strengthening its position in this area and exploring the feasibility of using biomass in a wider range of applications. READ MORE