Meeting Egypt’s demand for green methanol


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.

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