Danish Maersk has secured a deal for half a million tons of green methanol annually from China’s Goldwind. A deal that marks a significant step in the shipping industry’s push for sustainability.
Maersk, aiming for net-zero emissions by 2040, sees this deal as proof that large-scale agreements on green methanol are feasible.
“I think this deal shows that it can be done,” said Morten Bo Christiansen, Head of Energy Transition at Maersk.
The deal’s value remains undisclosed, but the annual production of half a million ton is substantial. Maersk plans to diversify its green methanol projects globally, with a focus on China and other countries.
“We have much more in the pipeline. If we could get one more deal the size of this one, we would be good for the ships we have on order,” Christiansen told Reuters.
Goldwind’s green methanol deliveries are set to begin in 2026. The delivery will be fueling 12 ocean-going container ships. This aligns with Maersk’s broader efforts to create a balanced and sustainable fuel portfolio.
In September, A.P. Moller Holding, Maersk’s majority owner, established C2X for large-scale green methanol operations. The company signed a framework agreement worth up to US$3 billion for green fuel production.
Source: todayonline.com
