OCI Global to Fuel Green Methanol-Powered Ship

OCI Global NV announced that it is fuelling the first ever green methanol-powered container vessel in a new partnership with Danish shipping major AP Moller-Maersk.

OCI said it will provide ISCC certified green bio-methanol to power the maiden voyage of Maersk’s first dual-fuelled container ship. The vessel will depart from South Korea this summer, sailing to Northern Europe via the Suez Canal, bunkering at several major ports along the journey.

OCI said it is obtaining the approvals and permits required to commercially bunker methanol in several ports on the ship’s voyage, including the Port of Rotterdam in The Netherlands.

“The journey demonstrates OCI’s unique capacity to supply marine customers with end-to-end green methanol solutions in major global bunkering locations, and further supports green methanol as the leading choice today for decarbonizing the marine sector, which is responsible for 3% of global GHG emissions,” the company said in a June 13 statement.

Incremental methanol demand from the maritime sector is expected to be near 4 million mt/y by the mid-2020s based on current orders for new vessels, OCI reported.