On March 24th, Maersk international shipping signed an MoU (Memorandum of Understanding) with Shanghai International Port Group (SIPG) on green methanol bunkering.
A.P. Moller-Maersk (Maersk) announced today that the company has signed a Memorandum of Understanding (MOU) with Shanghai International Port Group (SIPG) on strategic cooperation for Shanghai Port methanol marine fuel project. The two parties will join hands to explore green methanol fuel vessel-to-vessel bunkering operation after Maersk’s green methanol container vessels being delivered in 2024.
SIPG also commits to becoming a leader in developing green and ecological ports. The agreement will also support the aspiration of Shanghai Port to become one of the world’s first commercial green methanol refuelling points, and as a regional green methanol fuel bunkering center.
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 endeavor to cultivate synergies with SIPG and fuel manufacturers to optimize fuel infrastructure efficiencies.
…said Mr. Vincent Clerc, CEO of A.P. Moller-Maersk
Maersk and SIPG will deepen cooperation 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.
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.
…said Mr. Gu Jinshan, Chairman, Shanghai International Port Group
