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, according to Towngas.
The partnership combines VENEX’s expertise in green methanol production, Veolia’s global decarbonisation experience, and SIPG’s port infrastructure to support green methanol supply for shipping.
“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,” said Estelle Brachlianoff, CEO of Veolia.
Author summary: Trio develops green methanol bunkering network.