Evos and HyFive have signed a Letter of Intent (LOI) to explore the future storage and handling of e-methanol at the Port of Rotterdam, supporting the development of a potential supply chain for low-carbon marine fuel between northern Spain and the Amsterdam-Rotterdam-Antwerp (ARA) region.
Under the non-binding agreement, the two companies will evaluate the technical and commercial feasibility of handling e-methanol produced by HyFive’s HyMet Musel project, including logistics interfaces, operational requirements and potential infrastructure integration.
The agreement follows Evos’ recently announced expansion of its Rotterdam terminal, which is designed to increase storage capacity for low-carbon methanol and ethanol. The project includes the construction of five new storage tanks with a combined gross capacity of 67,500 cubic metres, a new pump station and a new jetty to be developed by the Port of Rotterdam Authority. The expanded facility is expected to become operational in early 2028.
HyFive’s HyMet Musel project, located on Spain’s Atlantic coast, is planned to produce up to 100,000 tonnes of e-methanol annually, with commercial operations targeted to begin in 2029. The company has already signed a comprehensive term sheet covering a significant share of its initial production volumes and is continuing commercial discussions with prospective customers, including shipping companies operating in the ARA region.
Alberto Sanchez de Rojas, general manager of HyFive, described the agreement as an important step in evaluating downstream infrastructure capable of supporting future demand for cleaner marine fuels.
He said the collaboration with Evos would help assess potential supply routes for e-methanol produced at the HyMet Musel project, adding that the initiative represents a significant milestone in developing infrastructure to serve the growing market for low-carbon fuels in northwestern Europe.
Christiaan Kop, managing director of Evos Rotterdam, said the company welcomed the opportunity to explore how its Rotterdam terminal could support future e-methanol imports into the ARA region. He noted that Evos continues to invest in infrastructure that will help customers and partners navigate the energy transition as demand for low-carbon fuels continues to grow.
Evos Rotterdam is one of Europe’s leading multimodal methanol hubs and the continent’s largest ethanol storage provider, offering integrated connections via vessel, barge, truck and rail. The terminal is equipped to store renewable methanol that meets International Methanol Producers and Consumers Association (IMPCA) specifications.
The collaboration reflects growing momentum behind renewable methanol as Europe accelerates its transition to lower-carbon energy sources. Supported by evolving regulations, bio-methanol and e-methanol are expected to account for an increasing share of future fuel demand, particularly in hard-to-abate sectors such as shipping and aviation, where low-carbon alternatives are essential to achieving decarbonisation goals.
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