With a new declaration of intent in China, Maersk has now made seven deals with companies regarding production of green methanol.

Maersk has commissioned 12 container vessels that will be sailing on green methanol, with the first ship expected for delivery in 2024, and the company therefore works to secure sufficient volumes of fuel to make the ships operational.

The most recent agreement concerns Chinese Debo, which plans to launch a bio-methanol project in China with an annual capacity of 200,000 tonnes, meant to be commercially operational by 2024.

The green methanol will be produced from agricultural residues, and Maersk commits to taking the entire production of the alternative fuel.

”Partnerships across ecosystems and geographies are essential for the scale-up needed in order to make meaningful progress on this agenda already in this decade. Therefore, we are delighted to welcome Debo on this journey,” says Berit Hinnemann, head of Green Fuels Sourcing at Maersk.

(This article is provided by our sister media, ShippingWatch)

Shipping is moving towards a "green" future, industry leaders say – but obstacles remain 

Maersk rumored for new large order for methanol ships