Port of Riga plans green methanol production and bunkering hub
The Port of Riga has signed a memorandum of understanding (MoU) with South Korea’s ECOMETHANOL and Latvia’s AE Risinājumi to explore the development of green methanol production and bunkering infrastructure, targeting demand for alternative marine fuels in the Baltic Sea and along the Northern Sea Route.
The agreement, signed on October 20, 2026, aims to establish a green methanol production facility in Latvia, with output intended for export as an alternative shipping fuel. The partners also plan to develop a green fuel supply and bunkering hub at the Port of Riga to serve vessels operating between Europe and Asia via
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