S&P Global Platts is to launch daily European methanol bunker fuel price assessments from the end of September despite a limited number of ships using the fuel.
The pricing agency said the assessments would reflect the value of methanol used as a marine fuel at the port of Rotterdam.
“The decision recognises growing market demand on the back of an increased build-out in vessels utilising methanol as a marine fuel and related activities at this major bunkering hub,” the company said.
