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Methanol-Fueled Bulk Carrier to Be Built in Cebu, Philippines

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JUNE 22,2025

Cebu, Philippines — A major milestone in green maritime innovation is set to begin in the Philippines. Tsuneishi Shipbuilding Co. Ltd., one of the world’s top shipbuilders, will build the first-ever Methanol Dual-Fueled Kamsarmax Bulk Carrier at its shipyard in Balamban, Cebu.

President Ferdinand Marcos Jr. confirmed the news after meeting with Tsuneishi executives in Osaka, Japan. The discussion focused on strengthening the partnership between Japan and the Philippines in sustainable shipbuilding.

“The future of shipbuilding is taking shape in the Philippines,” Marcos said. “With Japan’s Tsuneishi Holdings, we’re building the world’s first Methanol Dual-Fueled Kamsarmax Bulk Carrier at our Cebu facility. This is a game-changer for clean and smart shipping. It shows what we can achieve with innovation, strong partnerships, and the skills of our Filipino workforce.”

The ship combines environmental performance with cost efficiency. Tsuneishi said the vessel is based on environmental, social, and governance (ESG) principles. It includes new eco-friendly technologies designed to reduce emissions and improve long-term value.

The company completed the first block loading for the carrier on April 21, 2025. The vessel will be launched in July 2025 and delivered by January 2026.

Methanol-Fueled Bulk Philippines Rises as a Shipbuilding Hub

Tsuneishi has been a global leader in shipbuilding since 1917. It builds bulk carriers, container ships, and tankers. The company operates shipyards in Japan, China, and the Philippines, with offices across Asia and Europe.

In the Philippines, Tsuneishi is expanding. The fifth phase of development at its Cebu shipyard includes new equipment and improved research and development (R&D). This expansion will boost the country’s role in green shipbuilding and marine innovation.

Why It Matters

This project marks a turning point for the Philippines. It proves the country’s potential to lead in clean energy and sustainable shipping. The use of methanol fuel reduces environmental impact and sets new standards for the maritime industry. NOWTREND

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