24.5 C
Hamburg
Friday, June 9, 2023
Evergreen Line
Evergreen Line
Evergreen Line
Home Most Visited Maersk and CMA CGM among partners for establishing a green methanol bunkering...

Maersk and CMA CGM among partners for establishing a green methanol bunkering hub at Melbourne port

The Port of Melbourne, Maersk, ANL (a subsidiary of CMA-CGM), Svitzer, Stolthaven Terminals, HAMR Energy, and ABEL Energy have signed a Memorandum of Understanding (MoU) to investigate the commercial potential of building a green methanol bunkering centre at the Port of Melbourne.

The collaboration will examine a potential project involving the transportation of green methanol from production sites in Bell Bay, Tasmania (ABEL Energy) and Portland, Victoria (HAMR Energy) to Port of Melbourne for storage and bunkering services.

“Victoria has the most ambitious decarbonisation agenda in the country, and this announcement is another example of how we’re leading the development of renewable and alternative fuels,” stated Lily D’Ambrosio, Minister for Energy and Resources in Australia.

The MoU serves as a beginning point for the parties to collaborate in exploring the different aspects of building a green methanol bunkering centre, as well as identifying any problems that must be solved.

“Decarbonisation of the maritime industry is really gaining pace. As Australia’s largest container port with around 3,000 ships visiting annually, it makes sense that we look at ways to work together with customers, service providers and producers to understand the needs of the market,” said Saul Cannon, CEO of Port of Melbourne.

Latest Posts

Contecon Manzanillo handles first carbon-neutral box in North America

Contecon Manzanillo, International Container Terminal Services, Inc.’s (ICTSI) Mexican business unit operating the Specialised Container Terminal 2 at the Mexican port, recently handled the...

Range-bound composite indices, US-China rates spike as transatlantic rates drop

A string of General Rate Increases (GRI) starting in March-April hasn't helped the container spot rates.The Shanghai Composite Index which had a momentary upside...

Tideworks Technology introduces simulated training tool for tractor drivers at Mexican terminal

Tideworks Technology, a full-service provider of terminal operating system (TOS) solutions, announced the successful installation of its newest product DriverSIM at Manzanillo International Terminal...

Asyad Line expands REX service to Saudi Arabia

The Saudi Ports Authority (Mawani) confirmed the addition of Jeddah Islamic Port in Saudi Arabia to Asyad Line's REX service port rotation.The new cargo...

Maersk’s subsidiary Hamburg Süd hit by largest FMC fine

Hamburg Süd, owned by Danish giant ocean carrier Maersk, received the largest penalty from the Federal Maritime Commission (FMC) for the OJ Commerce (OJC)...