Methanol

Meeting Egypt’s demand for green methanol

2024-06-07T13:49:00

ADPG-Development-Green-Methanol-Facility-in-Egypt

AD Ports, container shipping line and terminal operator Transmar, and Orascom Construction have joined forces to develop a green methanol storage and export facility in Egypt.

It is predicted that more than 100 methanol-fuelled ships will be in service from 2026, representing around a million tonnes of additional methanol demand.

According to maritime consultancy Drewry and Clarksons, the methanol-fuelled vessel fleet will grow from 2% to 14% of the global fleet based on orders already placed.

Continue this article…

Already subscribed? SIGN IN now

V2-MS

Sign up for FREE to continue this article!

Want to read more before deciding on a subscription? It only takes a minute to sign up for a free account and you’ll get to enjoy:

  • Weekly newsletters providing valuable news and information on the shipping sector
  • Full access to our news archive
  • Live and archived webinars, podcasts and videos
  • Articles on innovations and current trends in the shipping industry
  • Our extensive archive of data, research and intelligence

Get more free content sign up today

Ready to subscribe? Choose from one of our subscription packages for unlimited access!