US EditionS&P Global Commodity Insights Launches Low-carbon Methanol Marine Fuel Price Assessments for Shanghai and Rotterdam
- On May 2, 2025, S&P Global Commodity Insights' Platts introduced new price indexes for environmentally friendly methanol used as marine fuel, covering the Shanghai and Rotterdam markets alongside their existing indices in Singapore, London, and New York.
- This launch follows six months after Singapore's first low-carbon methanol marine fuel assessments and responds to global and European regulatory advances, including the IMO MEPC 83 April vote on emissions penalties starting 2028.
- The assessments enhance price visibility for shipowners and relevant parties amid growing interest in sustainable fuels at key maritime centers such as Shanghai—recognized as the busiest container port globally—and Rotterdam, which stands as Europe’s largest port and a major bunkering location.
- Esther Ng, who leads methanol pricing at Platts, shared that the company has introduced a pioneering assessment for low-carbon methanol used as marine fuel in China, which is expected to support decision-making in shipping and decarbonization sectors.
- These assessments support the maritime sector’s goal of net zero by 2050 and align with increasing regulatory measures like FuelEU Maritime targeting gradual greenhouse gas intensity savings through 2050.
34 Articles
34 Articles
S&P Global Commodity Insights Launches Low-carbon Methanol Marine Fuel Price Assessments for Shanghai and Rotterdam - Finnoexpert
S&P Global Commodity Insights Launches Low-carbon Methanol Marine Fuel Price Assessments for Shanghai and Rotterdam Source link The post S&P Global Commodity Insights Launches Low-carbon Methanol Marine Fuel Price Assessments for Shanghai and Rotterdam appeared first on Finnoexpert.
IChemE supports National Engineering Policy Centre analysis on transition to low-carbon fuels - Energy Sustainability Solutions
The Institution for Chemical Engineers (IChemE), the internationally recognised qualifying body and learned society for chemical, biochemical and process engineers, has contributed to newly published analysis to support the UK’s maritime sector in transitioning to low-carbon fuels. Spearheaded by the National Engineering Policy Centre, with support from Sargent Centre for Process Systems and Engineering – a multi-institutional research centre of…
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