Maersk signs agreement with Shanghai International Port Group on green methanol bunkering

In China, A.P. Moller-Maersk (Maersk) announced 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 jointly explore green methanol fuel vessel-to-vessel bunkering operation after Maersk’s green methanol container vessels being delivered in 2024. “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 decarbonization 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. 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 Vincent Clerc CEO of A.P. Moller-Maersk.

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