- Maersk has partnered with six leading renewable energy-sourcing companies to boost the global production capacity of green methanol.
- These partnerships mark an important milestone to get the transition to green energy underway.
Realizing sustainable development goals
Maersk has partnered with six leading renewable energy-sourcing companies to boost the global production capacity of green methanol. Through partnerships with CIMC Enric, European Energy, Green Technology Bank, Orsted, Proman, and WasteFuel, Maersk intends to source at least 730,000 tonnes of green methanol per year by the end of 2025. The total production capacity is expected to be enough for the 12 green container vessels Maersk has ordered.
Henriette Hallberg Thygesen, CEO of Maersk, said the greenization process requires a significant and timely acceleration in the production of green fuels.
“Green methanol is the only market-ready and scalable available solution today for shipping. Production must be increased through collaboration across the ecosystem and around the world. That is why these partnerships mark an important milestone to get the transition to green energy underway.”, she revealed.
Once fully developed, the strategic partnerships will enable Maersk to source green methanol throughout North America, South America, and China.
“Our partnership on the green methanol effort will contribute to a greener and more sustainable future for the shipping industry,” said CIMC CEO Enric.
Not only partnering with Maersk, but the renewable electricity developer European Energy will also develop e-methanol projects in Latin America and the United States, capable of producing up to 300,000 tons of e-methanol per year. from the beginning of 2025.
“We are delighted to strengthen our strong relationship with Maersk with this long-term partnership where the annual goal is to supply up to 300,000 tonnes of e-methanol starting from 2025. ” Energy Europe CEO Knud Erik Andersen said.
“The shipping industry is an important part of the global effort to limit carbon emissions, and together with Maersk, we are now leading the transition of fuels to 100 percent renewable energy.”