Ethanol is gaining traction as a low-carbon marine fuel, with Maersk, Vale and X-Press Feeders testing blends and ordering vessels capable of running on it. Maersk completed two voyages using 100% ethanol in Q1 2026, while Vale contracted two ships designed to operate on ethanol, methanol or heavy fuel oil. Economics are also helping adoption: ethanol was priced around $700/tonne FOB U.S. and just above $800/tonne in Asia in early June, below green methanol and near low-sulfur fuel oil levels. Existing global infrastructure and compatibility with methanol-ready engines without major retrofits could accelerate uptake. DNV projects the methanol-capable fleet will rise to 450 ships by 2030 from 107 in 2025.
Source: Nova Cana
ETHANOL SEES MARINE FUEL DEMAND GROWTH AS SHIPOWNERS EXPAND ADOPTION
Published On - 12 de June de 2026