Methanex Expands Methanol Bunkering Ops Via Partnerships

Methanex Corporation MEOH recently announced new strategic partnerships, expanding methanol bunkering arrangements in two key maritime fueling hubs, the ARA (Amsterdam–Rotterdam–Antwerp) region and South Korea.The company is collaborating with TankMatch in the ARA region to provide barge-to-ship methanol bunkering, building on an arrangement previously made between OCI Global and UniBarge, which it acquired through the OCI purchase. In South Korea, Methanex is partnering with Alpha Maritime and Hyodong Shipping to enable last-mile bunkering operations.These partnerships strengthen the company’s role in leading the marine energy transition, allowing safe and reliable methanol fueling of two of the world’s busiest trade corridors. Leveraging MEOH’s expertise in local bunkering operators, combined with the reliable global supply chain, it will be able to provide a fully integrated and end-to-end methanol fuel solution. Methanex has also developed a comprehensive safety package and technical guidance for bunkering operators and shipping companies by utilizing its experience with methanol-fueled tankers operated through subsidiary, Waterfront Shipping.As demand for low-carbon methanol rises, Methanex continues to expand its logistics and supply chain to meet regulatory requirements, enabling the best shipping standards. The partners have also expressed confidence in this new arrangement and are looking forward to bringing their expertise to the table.MEOH’s shares have lost 2% over the past year compared with the industry’s 27.3% decline.Image Source: Zacks Investment ResearchMEOH’s Zacks Rank & Other Key PicksMEOH currently sports a Zacks Rank #1 (Strong Buy).Other top-ranked stocks in the Basic Materials space are Agnico Eagle Mines AEM, Carpenter Technology Corporation CRS and The Mosaic Company MOS. AEM sports a Zacks Rank #1, while CRS and MOS carry a Zacks Rank #2 (Buy) each at present. You can see the complete list of today’s Zacks #1 Rank stocks here.The Zacks Consensus Estimate for AEM’s current-year earnings is pegged at $7.11 per share. Its earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, with an average surprise of 10.03%. AEM’s shares have risen 105.9% in the past year.The Zacks Consensus Estimate for CRS’ current fiscal-year earnings is pegged at $9.51 per share, indicating a 27.14% year-over-year increase. Its earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, with an average surprise of 8.38%. CRS’ shares have surged 57.9% in the past year.The Zacks Consensus Estimate for MOS’ 2025 earnings is pegged at $3.17 per share, indicating a rise of 60.10% from year-ago levels. The company’s earnings beat the consensus estimate in one of the trailing four quarters while missing it in the rest. MOS’ shares have gained 35.8% in the past year.5 Stocks Set to DoubleEach was handpicked by a Zacks expert as the favorite stock to gain +100% or more in the months ahead. They includeStock #1: A Disruptive Force with Notable Growth and ResilienceStock #2: Bullish Signs Signaling to Buy the DipStock #3: One of the Most Compelling Investments in the MarketStock #4: Leader In a Red-Hot Industry Poised for GrowthStock #5: Modern Omni-Channel Platform Coiled to SpringMost of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor. While not all picks can be winners, previous recommendations have soared +171%, +209% and +232%.Download Atomic Opportunity: Nuclear Energy's Comeback free today.Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Carpenter Technology Corporation (CRS): Free Stock Analysis Report Methanex Corporation (MEOH): Free Stock Analysis Report Agnico Eagle Mines Limited (AEM): Free Stock Analysis Report The Mosaic Company (MOS): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks