Trio to Develop Green Methanol Bunkering Network in Shanghai
Shanghai aims to establish itself as a hub for green marine fuels in the region.
Towngas VENEX Company Limited, Veolia and SIPG Energy (Shanghai) Co have agreed to jointly develop a green methanol bunkering and supply network in Shanghai, China.
The companies will jointly develop a green methanol supply network, building an end-to-end fuel ecosystem covering production to bunkering, Towngas said in a statement on its website on Monday.
Veolia is pleased to support the Port of Shanghai with its advanced technologies and proven know-how to become a global leader in the supply of sustainable green fuels and accelerate the decarbonisation of the port and maritime sector
— Estelle Brachlianoff, CEO of Veolia.
The partnership will combine VENEX’s expertise in green methanol production, Veolia’s global decarbonisation experience, and SIPG’s port infrastructure to support green methanol supply for shipping.
Author summary: Trio to develop green methanol network.
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