The Malaysian Port of Tanjung Pelepas (PTP), a joint venture between APM Terminals and the MMC Group, has been selected to join the Partnerships for Infrastructure (P4I) initiative.
More specifically, this is a government-to-government decarbonisation scheme between Malaysia and Australia that supports PTPs ambition to become a green bunkering hub for alternative fuels.
“Malaysia has the potential to develop into a regional green fuel bunkering hub with the support of both industry and government,” according to a study by the Australian Government’s Partnership for Infrastructure (P4I).
The study also found that methanol is the green fuel option receiving the most investment from shipping lines.
“We hope that the successful implementation of this initiative will become a game changer in transforming the regional maritime industry and further promote opportunities for Malaysia to lead in this area of maritime decarbonisation,” said PTP chief executive officer, Marco Neelsen.