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2026-05-27 17:30:01
[Ethanol Enters Marine Fuel Market: Global Shipping Giant Deepens Roots in US Corn Belt, $152 Million in Export Value Awaits Release] ⑴ Alicia Koch, Global Ethanol Export Development Director of the US Grain and Bioproducts Council, stated that ethanol is rapidly emerging as a key candidate for marine fuel. International shipping and logistics company Maersk has comprehensively assessed its potential through pilot projects, policy development, and supply chain interactions. The Maersk team recently visited Indiana to conduct on-site inspections of sustainable corn farming and ethanol production facilities. ⑵ This visit followed a US delegation's visit to Maersk's Copenhagen headquarters earlier this year. The delegation toured the POET ethanol plant in Shelbyville, showcasing advancements in ethanol production technology and its potential as an alternative fuel for marine transport. With the assistance of partners such as the Indiana Corn Marketing Council, the US team was able to provide the Maersk team with in-depth insights into US agricultural practices and the environmental benefits of ethanol. ⑶ According to data released by ComplEat Analytics, grain and grain product exports added $290 million to the Indiana economy in 2024. Of these, corn exports were valued at US$937.7 million, ethanol exports at US$753 million, and ethanol by-product exports at US$387.8 million, representing increases of 148.6% and 42.2% respectively compared to 2023. Corn, ethanol, and by-products together generated US$1.52 billion in export value.
