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Home News Maersk enters new partnerships to boost green methanol production

Maersk enters new partnerships to boost green methanol production

A.P. Moller Maersk has made new strategic partnerships to increase the global production capacity of green methanol aiming to source at least 730,000 tonnes per year by end of 2025.

The six companies, which will partner with the Danish shipping company, are CIMC ENRIC, European Energy, Green Technology Bank, Orsted, Proman, and WasteFuel.

With this production capacity, by the end of 2025 at the latest, Maersk will reach well beyond the green methanol needed for the first 12 green container vessels currently on order, according to the company's announcement.

"To transition towards decarbonisation, we need 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," commented Henriette Hallberg Thygesen, CEO of Fleet & Strategic Brands at A.P. Moller - Maersk.

The Copenhagen-based ocean carrier believes that once these bio- and e-methanol projects are fully developed, it will be able to source green methanol at scale across several regions worldwide.

Production Capacity Estimation Table

Strategic Partners Type of fuel Production Capacity in 2024 (end of year) - tonnes/year Production Capacity in 2025 (end of year) - tonnes/year Production capacity added after 2025 - tonnes/year Geography
CIMC ENRIC
bio-methanol
50,000
200,000
China
European Energy
e-methanol
2-300,000
North & South America
GTB
bio-methanol
50,000
300,000
China
Orsted
e-methanol
300,000
North America
Proman
bio & e-methanol
100,000
North America
WasteFuel
bio-methano
30,000
South America
Total
130,000
6-700,000
500,000

 





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