Demand for methanol as a marine fuel for container ship is forecast to reach 3-million tonnes per annum by the middle of this decade, according to Dutch fertiliser, fuels, and feedstock provider OCI.
Presenting the company’s fourth quarter results on Tuesday, OCI chief executive Ahmed El-Hoshy said demand for methanol bunkers is expected to “kick off” at the end of this year and into early 2024 with the delivery of the first methanol dual-fuelled container ship.
