Maersk collaborating on e-methanol plant in Asia
The partnership marks a “pivotal step” toward making green e-methanol more accessible and commercially viable for the maritime industry.
The partnership marks a “pivotal step” toward making green e-methanol more accessible and commercially viable for the maritime industry.
The six companies plan to produce at least 730,000 metric tons of green methanol by the end of 2025.
The unique design will improve port efficiency and increase capacity, according to Maersk.
Several large retailers are pledging that in less than 20 years, they will ship goods across the ocean without emitting greenhouse gases. Some environmental groups say that’s not soon enough.
Captured carbon dioxide and green hydrogen are combined to make e-methanol. Sweden-based Liquid Wind has big plans for this alternative shipping fuel.
Maersk is adding bio-methanol to its portfolio of green marine fuels after making e-methanol and methanol-powered vessel agreements in August.