Port of Rotterdam Joins Methanol Alliance, Boosts Biomethanol Sales
What happened
The Port of Rotterdam joined MI - The Global Methanol Alliance as a board participant. The port was the first globally to facilitate barge-to-ship methanol bunkering. In the second quarter, the Port of Rotterdam sold 2,845 metric tons of biomethanol to ships, an increase from 996 metric tons in the previous quarter.
From shipandbunker.com
Why it matters
Methanol is expected to play a key role in decarbonizing the shipping industry and the industrial cluster. The alliance noted that ports are critical points where supply, infrastructure, and demand for fuels meet.
From shipandbunker.com
Who's involved
- MichiganNot involved in this event.
- PriceNot involved in this event.
- Missaukee CountyNot involved in this event.
- Tuscola CountyNot involved in this event.
- Ogemaw CountyNot involved in this event.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- MichiganSpeculative
The shipping industry might see changes in fuel demand and costs due to increased methanol adoption.
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The entities involved
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Michigan
state of the United States of America