Demand for methanol as a marine fuel is expected to be over 6 million tonnes per annum from the mid-to-late 2020s, according to Dutch fuel supplier and hydrogen product producer OCI Global.
Announcing its second quarter results today, OCI — which claims to be the world’s largest supplier of green methanol — said methanol is continuing to gain “significant traction” with over 200 vessels comprising existing ships, newbuildings and retrofits expected to be on the water over the next five years.
