Following the announcement of six strategic green methanol partnerships earlier this year, A.P. Moller – Maersk adds a seventh methanol partnership with Chinese bioenergy enterprise Debo aiming to boost global production capacity.
The parties have signed a Letter of Intent covering Debo’s plans to develop a bio-methanol project for Maersk in China with capacity of 200,000 tonnes per year to start commercial operation by fall 2024.
“Maersk has set an ambitious end-to-end net-zero goal for 2040 and the availability of green methanol at scale is critical to our fleet’s transition to sustainable energy. 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,” commented Berit Hinnemann, head of green fuels sourcing at A.P. Moller – Maersk.
The feedstock for the green bio-methanol will be agricultural residues, while the Danish carrier intends to offtake the full volume produced, according to a statement.
Zhang Shoujun, chairman and general manager of Debo believes that the use of green methanol as marine fuel will be an important move towards the decarbonisation of the shipping sector.
“It is a great honor for Debo to work with A.P. Moller – Maersk to promote the commercialisation of the green methanol industrial chain. I firmly believe that through the cooperation, we are able to realise the commercial production and industrial conversion of green methanol and contribute to reduce greenhouse gas emissions,” he said.
In March, Maersk announced six partnerships with CIMC ENRIC, European Energy, Green Technology Bank, Orsted, Proman, and WasteFuel with the intent of sourcing at least 730,000 tonnes/year by end of 2025, beyond the green methanol needed for the first 12 green container vessels currently on order.
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
|
Debo
|
bio-methanol
|
200.000
|
– |
– |
– |
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-methanol
|
30,000
|
– |
– |
South America
|
TOTAL
|
–
|
330,000
|
6-700,000
|
500,000
|
– |