Inks a 5-year agreement with Proman
Proman, the world’s second largest methanol producer, and Bahri, a global leader in logistics and transportation, have announced a five-year agreement for Bahri Chemicals, a Bahri business unit, to time-charter two methanol-powered ships, Stena Provident and Stena Progressive, to transport various products globally.
The vessels were officially named during a ceremony hosted at Guangzhou Shipyard International (GSI) in China in November 2023 where both ships were built. The vessels are the final two of an initial six-strong methanol-fuelled tanker fleet commissioned through the partnership between Proman and Stena Bulk.
Dual-fuel tankers
The state-of-the-art IMOIIMeMAX ships are highly efficient dual-fuel tankers with Marineline coating that can be used to ship a wide variety of cargo, bulk products, and chemicals.
“Methanol is increasingly becoming a mainstream marine fuel and Proman is committed to time-chartering our vessels to enable others to gain operational experience of using methanol as a fuel,” stated Anita Gajadhar, Executive Director, Marketing and Logistics, Proman.
“As the flagship carrier of the Kingdom of Saudi Arabia and the largest owner and operator of IMO2 MR vessels, we strive to continually play a vital role in protecting the environment and setting industry standards,” commented Faisal Al Husseini, President, Bahri Chemicals.