- Commercially viable long-term offtake agreement for annual volumes of 500KT to enable low carbon operations for the first 12 large methanol-enabled Maersk vessels on order.
- First volumes expected in 2026.
The offtake agreement between A.P. Moller – Maersk and Chinese developer Goldwind, a global leader in clean energy, reaches into the next decade and marks the first large scale green methanol offtake agreement for the global shipping industry.
The record-high volumes can annually propel more than half the methanol-enabled capacity Maersk currently has on order.
The volumes combine a mix of green bio-methanol and e-methanol, all produced utilising wind energy at a new production facility in Hinggan League, Northeast China, around 1000km northeast of Beijing. Production is expected to begin in 2026.
Photo of Maersk
Press release https://is.gd/rAEuvF