The shipping industry could go from a shortage of green methanol to a surplus if regulators fail to agree on a robust price levy to ensure strong backing for cleaner fuels, a senior AP Moller-Maersk executive has warned.

Chief commercial officer Karsten Kildahl told TradeWinds that the company will only have enough green methanol for the first six of its new dual-fuel container ships by 2026 when new offtake agreements kick in.