DANISH shipping giant A P Moller-Maersk (Maersk) and Shanghai International Port Group (SIPG) have forged a strategic partnership for a Shanghai Port methanol marine fuel project.
The agreement sees the two industry heavyweights collaborating to develop vessel-to-vessel green methanol bunkering operations following the delivery of Maersk's green methanol containerships in 2024, reports gCaptain, Ventura, California.
The initiative supports Maersk's ambitious net-zero emissions target by 2040 and the upcoming deployment of 19 dual-fuel vessels capable of running on green methanol. maersk said establishing port bunkering infrastructure for methanol is essential for achieving these goals.
Vincent Clerc, CEO of A P Moller-Maersk, said: 'We are very pleased to form the partnership with SIPG, leveraging its strong capabilities in bunkering service and port operation.
'Through joint efforts, we can provide low-carbon logistics service for our customers, also contributing to China's pledge to be carbon neutral by 2060.'
This collaboration also aligns with SIPG's commitment to becoming a leader in developing green and ecological ports. As the main operator of the world's busiest container port, the agreement will support Shanghai Port's aspiration to become one of the first commercial green methanol refuelling points and a regional green methanol fuel bunkering centre.
Gu Jinshan, SIPG chairman, said: 'SIPG will continue to work with shipping companies to foster the Shanghai shipping hub gateway and the green, low-carbon transformation of the shipping industry in Shanghai'.
The partnership will progress in stages, with the first phase seeing SIPG as Maersk's potential energy bunkering service provider, conducting vessel-to-vessel bunkering and fuel tank storage at port.
In the potential second stage, the parties will explore forming an all-round energy strategic partnership to promote the extension from bunkering services to the upstream of the green methanol industry chain.
SeaNews Turkey
The agreement sees the two industry heavyweights collaborating to develop vessel-to-vessel green methanol bunkering operations following the delivery of Maersk's green methanol containerships in 2024, reports gCaptain, Ventura, California.
The initiative supports Maersk's ambitious net-zero emissions target by 2040 and the upcoming deployment of 19 dual-fuel vessels capable of running on green methanol. maersk said establishing port bunkering infrastructure for methanol is essential for achieving these goals.
Vincent Clerc, CEO of A P Moller-Maersk, said: 'We are very pleased to form the partnership with SIPG, leveraging its strong capabilities in bunkering service and port operation.
'Through joint efforts, we can provide low-carbon logistics service for our customers, also contributing to China's pledge to be carbon neutral by 2060.'
This collaboration also aligns with SIPG's commitment to becoming a leader in developing green and ecological ports. As the main operator of the world's busiest container port, the agreement will support Shanghai Port's aspiration to become one of the first commercial green methanol refuelling points and a regional green methanol fuel bunkering centre.
Gu Jinshan, SIPG chairman, said: 'SIPG will continue to work with shipping companies to foster the Shanghai shipping hub gateway and the green, low-carbon transformation of the shipping industry in Shanghai'.
The partnership will progress in stages, with the first phase seeing SIPG as Maersk's potential energy bunkering service provider, conducting vessel-to-vessel bunkering and fuel tank storage at port.
In the potential second stage, the parties will explore forming an all-round energy strategic partnership to promote the extension from bunkering services to the upstream of the green methanol industry chain.
SeaNews Turkey