Weichai Heavy Machinery Powers China's First 8000-ton Methanol Bunkering Chemic

June 27,2026

Recently, the first domestic 8000-ton class methanol bunkering chemical tanker (ship number: IGAN) was successfully launched in Yangzhou, Jiangsu. The entire vessel is equipped with Weichai Heavy Machinery marine power, which is the first batch of marine engine models in China to receive the B100 certificate from the China Classification Society (CCS). It can seamlessly switch between traditional diesel and B100 biofuel modes, becoming a high-value solution compatible with the global shipping industry's green transformation.

Thanks to the continuous product upgrades and strategic implementation in the main business of ship machinery, the operational results of Weichai Heavy Machinery are steadily realized, and the growth logic is clear. In the first quarter of 2026, Weichai Heavy Machinery achieved remarkable performance, with a significant increase in revenue reaching 2.067 billion yuan, a year-on-year increase of 87%; the net profit attributable to the parent company was 55 million yuan, a year-on-year increase of 76.49%. As the core foundation business that Weichai Heavy Machinery has been deeply cultivating for many years, the ship machinery business segment fully grasps the dual benefits of the industry cycle going up and the acceleration of low-carbon transformation, coupled with the continuous improvement of the industrial chain layout, the growth momentum continues to be released, and it has solidified the core engine for the company's revenue expansion and profit improvement.

Traditional Marine Power High-End Upgrade, Consolidating the Basic Plate of the Stock Market

At present, the global shipbuilding industry is at a dual upward inflection point of expanding new demand and updating stock, and the industry's prosperity continues to rise. As of the end of the first quarter of 2026, the global new shipbuilding order backlog reached 191 million CGT (Compensated Gross Tonnage), a record high in 17 years. At the same time, the global fleet has entered a cycle of renewal and replacement, coupled with the continuous tightening of international maritime emission reduction policies, the pace of elimination of old high-energy-consuming ships has accelerated. Industry estimates show that from 2025 to 2030, the global average annual delivery demand will be about 100 million deadweight tons, and the industry demand base is solid.

While the industry demand is expanding, energy efficiency and environmental protection regulations continue to raise the entry threshold for marine power, and the market is inclined towards high-efficiency, low-consumption, and compliant high-end products. Relying on its profound accumulation of marine power technology, Weichai Heavy Machinery is accelerating the high-end iteration of traditional marine power.

In the high-end commercial auxiliary ship track, heavy oil commercial auxiliary machines represented by WH20, with reliable, efficient, environmentally friendly, and economical performance advantages, are widely equipped with mainstream ships such as bulk carriers, asphalt carriers, and container ships, and the market recognition continues to be consolidated.

At the same time, the company is vigorously expanding into high-end segmented markets such as coastal transport ships, tugs, wind power installation ships, and ocean-going commercial ships, optimizing the profit structure with high-value-added products, and continuously consolidating the leading advantage in the stock market.

Positioning at the Low-Carbon Transformation Opportunity, Green Power Builds Incremental Advantages

The demand in the ship market continues to be released, coupled with the global shipping industry's low-carbon transformation, the industry is ushering in new growth opportunities. With the implementation of IMO decarbonization rules for the shipping industry, the EU's shipping carbon trading mechanism, and various countries' green shipping policies, green and low-carbon transformation is the general trend. Data from the International Chamber of Shipping (ICS) shows that in the first quarter of 2026, the proportion of low-carbon and zero-carbon fuel ships such as LNG, methanol, and ammonia in global new orders has broken through 40%, and the trend of green ship substitution is fully accelerating, with the industry's incremental space continuously opening up.

Weichai Heavy Machinery has positioned itself at the industry transformation window period and has laid out a variety of green power technology routes in advance, building a green ship power system covering alternative fuels, hybrid power, and pure electricity, fully matching the iterative needs of the industry's low-carbon transformation, and its technical reserves and industrialization progress are among the first echelon in the industry.

In the field of green power, the company has successfully laid out multiple technical tracks such as natural gas, methanol, biodiesel, and electricity. Among them, methanol and B100 biodiesel engine product series have obtained the

Source : www.51cm.org

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