Maersk adds seventh green methanol supplier to support its fleet

Danish shipping company A.P. Moller-Maersk has entered strategic partnership with Chinese bioenergy firm Debo to procure 200,000 mt/year of green methanol by 2024.

PHOTO: Maersk aims to operate 12 methanol vessel by 2024. Maersk

Debo plans to develop bio-methanol plant for Maersk in China with a capacity to produce 200,000 mt/year of green methanol using agricultural residues.

Maersk intends to offtake the full volumes produced by Debo to support its first 12 methanol container vessels that it has currently ordered.

Earlier this year, Maersk announced that it has engaged with six methanol suppliers to source at least 730,000 mt/year of green methanol by end of 2025.

The other six companies are European Energy, CIMC ENRIC, Green Technology Bank, Orsted, Proman and WasteFuel.

Dutch renewable energy firm European Energy will be supplying e-methanol for Maersk’s first methanol vessel which is scheduled to be deployed next year.