Spanish renewable energy company HyFive has signed a term sheet to supply 10,000 mt/year of e-methanol to an undisclosed customer in the Amsterdam-Rotterdam-Antwerp (ARA) region, according to a LinkedIn post from the company reported by Ship & Bunker.
The agreement lifts total contracted volumes from HyFive’s planned HyMet Musel facility to 60,000 mt/year, representing 60% of the project’s intended annual production capacity, Ship & Bunker reports.
Building on Earlier Agreements
This latest term sheet follows a previous agreement covering up to 50% of HyMet Musel’s planned output, as noted by Ship & Bunker. It also comes shortly after HyFive signed a letter of intent with tank storage operator Evos to explore e-methanol storage and handling capabilities at the Port of Rotterdam.
According to Ship & Bunker, HyFive said the Evos partnership is intended to help establish the downstream infrastructure necessary to serve customers across the ARA region, which the company describes as a key European bunkering hub.
About the HyMet Musel Project
HyMet Musel is being developed as a 100,000 mt/year e-methanol production facility located at the Port of Gijon in Spain, Ship & Bunker reports. E-methanol can be used to power methanol dual-fuel vessels, a fuel type that container shipping lines were among the first to adopt.
Ship & Bunker also notes that companies including Maersk and CMA CGM are now examining ethanol as a potential additional fuel option for methanol dual-fuel ships.
Does This Matter to You?
Developments in e-methanol supply chains are relevant to parties tracking the availability of alternative marine fuels in Northwest Europe. As contracted volumes for HyMet Musel’s output grow, bunker buyers and vessel operators running methanol dual-fuel ships may see clearer signals regarding future e-methanol availability in the ARA region.
The parallel infrastructure work with Evos at the Port of Rotterdam, as reported by Ship & Bunker, points to ongoing efforts to build out storage and handling capacity for e-methanol in one of Europe’s busiest bunkering hubs. This could be relevant to those planning long-term fuel procurement or infrastructure investments tied to methanol as a marine fuel.
The source material does not provide pricing details, delivery timelines, or the identity of the ARA customer, so the direct commercial impact for bunker buyers remains unclear at this stage.
Gulf Bunkering does not provide operational or security guidance. This article is for informational purposes only. Operators should consult flag state authorities, P&I clubs, and relevant advisories for decisions relating to transit planning.
Sources: Ship & Bunker
