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OCI Global has faith in demand for methanol

Shipping’s thirst for clean fuels is sure to stoke demand for methanol dramatically in the next five years, says OCI Global. Bio-methanol will take up a large part.

Several major box carriers like Maersk and CMA CGM have commissioned newbuilds able to sail on clean fuel methanol. | Photo: Amr Abdallah Dalsh/Reuters/Ritzau Scanpix

by DAG HOLMSTAD

New climate regulation prompts more carriers to commission newbuilds with engines fitted for green methanol which will propel green methanol demand over the next five years.

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