OCI Global and X-Press Feeders have announced that OCI Hyfuels will supply X-Press Feeders with green methanol in the port of Rotterdam from 2024.
More specifically, the agreement is the first green methanol deal with a feeder container carrier and represents a crucial step in the decarbonisation of the shipping industry, as the feeder sector plays an important role.
Earlier this year, OCI announced its partnership with Unibarge to retrofit the first methanol powered bunker barge which will be deployed at the Port of Rotterdam. OCI will work with Unibarge to fuel X-Press Feeders’ feeder ships ensuring the decarbonisation of another link in the chain.
The announcement comes in the same month the International Maritime Organization (IMO) announced new global decarbonisation targets for the maritime industry and its revised strategy for the industry to reach net zero ‘by or around 2050’.
According to OCI, this is OCI HyFuels’ second green methanol sale in the marine sector in just under a month following its partnership with Maersk to fuel the world’s first green methanol-powered container vessel.