Maersk signs landmark green methanol offtake agreement, significantly de-risking its low-emission operations in this decade
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- 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.
Copenhagen – 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.
This deal is a milestone for Maersk as it enables us to significantly reduce our emissions footprint in this decade and stay aligned with the 1.5-degree Celsius trajectory as set out in the Paris Agreement, ensuring continued supply of low carbon shipping services to our customers in the second half of this decade.
Goldwind respects Maersk as a pioneer in the field of maritime green fuel and we are excited to jointly promote the green transition with Maersk. With this project, Goldwind will continue to explore the innovative application of new technologies, pursue the organic combination of green electricity and green fuel production, and optimize the production process of green methanol. Goldwind is committed to collaborating with companies involved in the green methanol industry, with the aim to make green methanol one of the most important and economically feasible clean maritime fuels in the future.
We are encouraged by the agreement because its scale and price confirm our view that green methanol currently is the most viable low-emission solution for ocean shipping that can make a significant impact in this decade. The deal is a testament to the momentum and vast efforts we see among ambitious developers driving projects forward across geographies, however, we still have a long way to go in ensuring a global green fuels market that can enable the decarbonisation of global shipping.
Sobre Maersk
A.P. Moller - Maersk es una empresa de logística integrada que trabaja para conectar y simplificar las cadenas de suministro de sus clientes. Como líder global en servicios logísticos, opera en más de 130 países y emplea a unas 100,000 personas. Maersk tiene como objetivo alcanzar cero emisiones netas de gases de efecto invernadero para 2040 en toda su operación, mediante nuevas tecnologías, nuevos buques y combustibles con emisiones reducidas de GEI*.
*Maersk define los “combustibles con emisiones reducidas de GEI” como aquellos que reducen al menos un 65% de las emisiones de gases de efecto invernadero en su ciclo de vida, en comparación con los combustibles fósiles de 94 g CO₂e/MJ.
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