Maersk and SIPG sign MoU on green methanol bunkering

Maersk and Shanghai International Port Group (SIPG) have signed a Memorandum of Understanding (MoU) to explore green methanol fuel vessel-to-vessel bunkering operations after the carrier’s green methanol container vessels are delivered in 2024.

Under the first stage of the Shanghai Port methanol marine fuel project, SIPG 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.