MAERSK has signed an agreement with Shanghai International Port Group on strategic co-operation for the Shanghai Port methanol marine fuel project.
The two parties signed the memorandum of understanding to explore green methanol fuel vessel-to-vessel bunkering operations after Maersk’s methanol-powered container vessels begin to be delivered next year.
A.P. Moller-Maersk CEO Vincent Clerc said collaborating with ports globally to build green fuel bunkering infrastructures is necessary to service methanol vessels.
“It is an important step as Maersk strives to lead the decarbonisation of end-to-end supply chains and make a meaningful environmental impact in this decade. We are very pleased to form the partnership with SIPG, leveraging its strong capabilities in bunkering service and port operation,” Mr Clerc said.
“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. Meanwhile, we also endeavour to cultivate synergies with SIPG and fuel manufacturers to optimise fuel infrastructure efficiencies.”
Shanghai International Port Group chairman Gu Jinshan said as demand for sustainable fuels increases, establishing a green fuel bunkering service will be a milestone for SIPG.
“SIPG will continue to work with shipping companies to foster Shanghai shipping hub gateway and the green, low-carbon transformation of shipping industry in Shanghai,” he said.
Maersk and SIPG are to deepen co-operation in stages.
In the first phase, SIPG, as Maersk’s potential energy bunkering service provider, will carry out services of vessel-to-vessel bunkering and fuel tank storage at port.
In the potential second stage, the parties will explore how to form an all-round energy strategic partnership to promote the extension from bunkering services to the upstream of the green methanol industry chain.
