The vessel leaves South Korea for its maiden voyage this summer sailing to Northern Europe via the Suez Canal, bunkering at several major ports along the way where OCI is obtaining the relevant bunkering approvals and permits.<\/p>\n
\u201cThis marks another significant milestone in our global leadership in supplying and trading renewable and low carbon fuels to decarbonize energy-intensive industries,\u201d said Ahmed El-Hoshy, CEO at OCI Global.<\/p>\n
\u201dWe also appreciate the collaboration and leadership of our partners at each of the ports to facilitate this journey. With the maritime industry facing increasing regulatory scrutiny, its decarbonisation is urgent and OCI is playing a crucial role in helping the sector meet its environmental goals through our existing methanol capabilities.\u201d<\/p>\n
Methanol supply<\/strong><\/p>\n OCI is focused on being the last mile operator of choice at strategic bunkering ports, leveraging partnerships with relevant authorities and certification bodies, terminal infrastructure partners and bunker barge operators.<\/p>\n In February, OCI announced its project with Unibarge to retrofit the first methanol powered bunker barge, to be deployed at the Port of Rotterdam.<\/p>\n This voyage is an important milestone in the expansion of OCI\u2019s renewable and low-carbon fuels business, a key pillar of OCI\u2019s sustainable growth strategy.<\/p>\n As the maritime industry navigates increased regulation to accelerate decarbonisation, such as the FuelEU Maritime initiative, OCI anticipates incremental global demand for methanol at 4 million tonnes per year in the next five years, based on current orders from the marine sector.<\/p>\n Through its OCI HyFuels brand, OCI has led the development of green methanol application in vehicle fuels, now placing up to 200,000 tonnes per annum equivalent and is growing its suite of low-carbon and green methanol products, including biomethanol, e-methanol, recycled carbon fuel (RCF) methanol, renewable natural gas, ethanol and bio-MTBE.<\/p>\n OCI has announced several major projects to significantly increase sustainable production of its two core products. These include GasifHy, the gasification project at its existing European methanol facility to shift it to green methanol production, a 1.1mtpa blue ammonia plant in Texas, USA, scheduled to start production in 2025 and its Egypt Green ammonia facility through Fertiglobe, where the first tonnes of green ammonia from electrolysis were produced earlier this year.<\/p>\n","protected":false},"excerpt":{"rendered":" OCI will provide green biomethanol to power the maiden voyage of Maersk\u2019s first dual-fueled methanol container ship, in a pioneering step forward for decarbonisation.<\/p>\n","protected":false},"author":8,"featured_media":3424,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[7,34],"tags":[40,1085,658,47,1084,9,676],"sponsor":[],"class_list":["post-3423","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-alternative-fuels-greenport","category-europe-greenport","tag-alternative-fuels","tag-fuel-supply","tag-maersk","tag-methanol","tag-oci-global","tag-ports","tag-refuelling"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.portstrategy.com\/greenport\/wp-json\/wp\/v2\/posts\/3423","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.portstrategy.com\/greenport\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.portstrategy.com\/greenport\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.portstrategy.com\/greenport\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.portstrategy.com\/greenport\/wp-json\/wp\/v2\/comments?post=3423"}],"version-history":[{"count":1,"href":"https:\/\/www.portstrategy.com\/greenport\/wp-json\/wp\/v2\/posts\/3423\/revisions"}],"predecessor-version":[{"id":3425,"href":"https:\/\/www.portstrategy.com\/greenport\/wp-json\/wp\/v2\/posts\/3423\/revisions\/3425"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.portstrategy.com\/greenport\/wp-json\/wp\/v2\/media\/3424"}],"wp:attachment":[{"href":"https:\/\/www.portstrategy.com\/greenport\/wp-json\/wp\/v2\/media?parent=3423"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.portstrategy.com\/greenport\/wp-json\/wp\/v2\/categories?post=3423"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.portstrategy.com\/greenport\/wp-json\/wp\/v2\/tags?post=3423"},{"taxonomy":"sponsor","embeddable":true,"href":"https:\/\/www.portstrategy.com\/greenport\/wp-json\/wp\/v2\/sponsor?post=3423"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}