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.
Table of Contents
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.
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.
This voyage highlights the growing synergy between shipowners and cargo owners in meeting climate targets.
“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.“
For bunkering professionals, the 65% reduction figure is critical because it is measured Well-to-Wake. This means the calculation includes:
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.
BHPis 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 ofnet zero Scope 3 emissions by 2050.
BHP is actively involved in green shipping initiatives, including being a founding member of theMaritime Decarbonisation Centrein Singapore, emphasizing its role in supporting the uptake of low-to-zero GHG emission fuels.
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, includingcontainer ships,bulk carriers, andtankers, NYK serves over 800 locations worldwide, offering a comprehensive suite ofshipping services.
NYK Linehas 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.
