European shipowner RFOcean has signed a binding long-term off-take agreement with ETFuels to purchase e-methanol at a fixed price from 2030. RFOcean has already ordered eight new diesel-electric, methanol-ready/fitted chemical tankers for European regional trades, making it one of the top five owners of methanol-capable vessels globally. “This isn’t just about compliance, it’s about competitive positioning,” said Fredrik Rye-Florentz, CEO of RFOcean. “We believe compliant fuel will be scarce. By locking in supply now at fixed prices, we can offer our customers certainty and be at the forefront of a development which makes commercial sense today. Lara Naqushbandi, CEO of ETFuels, said the deal shows that “astute” shipping companies are willing to move early and lock in green fuel supply. “We believe this is a structural inflection point rather than a symbolic announcement,” Felix Leworthy, ETFuels CCO, told Splash. googletag.cmd.push(function() { googletag.display('div-gpt-ad-1_95_0_1_2'); }); TagsIreland United Kingdom