Cepsa and C2X to develop the “largest green methanol plant in Europe”

The profitability of further decarbonization efforts at US ports is uncertain due to funding reliance on grants and loans, with alternative fuel adoption also hindered by uncertainties in fuel pathways.

Cepsa partners with Evos to store green methanol at their Algeciras and Rotterdam facilities, advancing sustainable energy initiatives.

IBIA and BIMCO partner to address bunkering challenges, foster clean energy solutions, and advance sustainable shipping practices.

Hapag-Lloyd and Seaspan plan to convert five container ships to methanol dual-fuel engines, with a total investment of approximately US$120 million.

Responding to report findings, AAPA has issued several recommendations for policymakers and relevant stakeholders to help create a level playing field and expedite decarbonization activities for ports.

The report advises ports on green methanol and ammonia bunkering, crucial for meeting IMO’s 5% zero-emission fuel target by 2030.