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Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping and Chile sign MoU to explore green corridors

Expanded collaboration with Chilean Government will explore new green corridor opportunities in Chile’s Magallanes, an ideal strategic location for the supply of clean, zero-emissions bunker fuels.

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Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping on Sunday (19 November) said its Green Corridors Delegation visited Chile in October and signed a Memorandum of Understanding (MoU) with Diego Pardow, Chile’s Minister of Energy.

The center said the expanded collaboration with the Chilean Government sets a course on exploring new Green Corridors opportunities in Chile’s southernmost region, Magallanes, where the average wind speed is remarkably high, making it an ideal strategic location for the supply of clean, zero-emissions bunker fuels.

“This effort adds to our existing focus and collaborative initiatives in the Antofagasta Region in the northern part of Chile, which has massive solar energy potential,” it said. 

In April 2022, the ministry and Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping announced a formal agreement to establish a network of green corridors allowing for green maritime transportation of goods in and out of Chile. 

Bo Cerup-Simonsen, CEO of Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping, stressed the urgency of turning decarbonisation commitments into action.

“We are delighted and honoured to collaborate closely with the Ministerio de Energía Chile, authorities, and companies to establish Green Shipping Corridors: all the way from green fuel production, updating of ports, shipping powered by green fuels for dedicated cargo owners to enable green supply chains. Chile is showing leadership and has huge opportunities to lead the scale-up of the transition with enormous renewable energy resources,” he said. 

Photo credit: Shaah Shahidh on Unsplash
Published: 20 November, 2023

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Methanol

China: Methanol industry players ink agreement to form green methanol energy corridor

National Inner Mongolia Electric Power Mengxi New Energy, Shanghai Yuanba Energy Technology, Tianjin Bohai Chemical Group and COSCO Shipping Energy Transportation will work together to form the corridor.

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Energy firm National Inner Mongolia Electric Power Mengxi New Energy Co Ltd, Shanghai Yuanba Energy Technology Co Ltd, Tianjin Bohai Chemical Group Co Ltd, and COSCO Shipping Energy Transportation Co Ltd on Tuesday (6 February) jointly signed an cooperation framework agreement in Shanghai to establish a “green product (energy) corridor project” for the entire green methanol industry chain.

Manifold Times has previously reported Cosco Shipping Energy Transportation entered a shipbuilding contract for six methanol-fuelled tankers with Cosco Shipping Heavy Industry while Cosco Shipping reportedly signed a Memorandum of Understanding (MoU) to explore collaboration in methanol bunker fuel amongst other new areas. 

On 15 December 2023, Shanghai Yuanba Energy Technology signed an agreement with Greece’s Marine Plus S.A. for purchasing Yuanba Energy's green methanol for the EU shipping market, starting in August 2025. 

According to local news reports, Tianjin Bohai Chemical Group and National Inner Mongolia Electric Power Mengxi New Energy are involved in methanol-related projects including the production of hydrogen. 

As part of the agreement, the four parties signed the contract to build a green energy corridor for the entire green methanol industry chain. 

The firms said the signing of this agreement marked a new milestone in establishing and improving the entire green methanol industry chain.

Pooling together their respective resources and industry knowledge, the parties will work together to carry out comprehensive and in-depth cooperation in green energy products including power generation, hydrogen production, synthetic methanol, land transportation, warehousing, shipping and bunkering. 

Disclaimer: The above article published by Manifold Times was sourced from China’s domestic market through a local correspondent. While considerable efforts have been taken to verify its accuracy through a professional translator and processed from sources believed to be reliable, no warranty is made regarding the accuracy, completeness and reliability of any information.

Related: China: Cosco Shipping and bp to explore collaboration in methanol bunker fuel
Related: Cosco Shipping Energy Transportation orders six methanol-fuelled tanker newbuilds

 

Photo credit: Scott Graham on Unsplash
Published: 19 February, 2024

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Shipping Corridor

Report: Korea-US-Japan green shipping corridors can lead to significant environmental impact

Creating green shipping corridors between South Korea, the United States and Japan’s top two busiest routes can reduce up to 41.3 million tCO2 each year, says Korean NPO Solutions for Our Climate.

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Report: Korea-US-Japan green shipping corridors can lead to significant environmental impact

Korea-based non-profit organisation Solutions for Our Climate (SFOC) on Tuesday (13 February) said creating green shipping corridors between South Korea, the United States and Japan's top two busiest routes – Busan-Tokyo and Yokohama; Busan-Los Angeles and Long Beach– can reduce up to 41.3 million tCO2 each year. 

This is equivalent to annual emissions from over 9 million passenger vehicles in the United States.

“We evaluated the anticipated impact of several proposed KoreaUnited States-Japan green shipping corridors involving ports of Busan (KRPUS), Incheon (KRINC), and Gwangyang (KRKAN) —South Korea’s three major container ports,” SFOC said in the report. 

Each of the three South Korean ports will have the most significant environmental impact if connected to ports of Tokyo (JPTYO)/Yokohama (JPYOK) in Japan and ports of Los Angeles (USLAX)/Long Beach (USLGB) in the United States. 

“If container ships that travel KRPUS – JPTYO/ JPYOK and KRPUS – USLAX/USLGB are converted to zero emission ships, we can expect significant reduction in global carbon dioxide emissions, approximately 20.7 million tCO2 and 20.6 million tCO2, respectively,” it added. 

Accordingly, reducing GHG emissions in the global maritime shipping will require coordinated multilateral commitments and actions.

The green shipping corridor initiative is a global effort to align the shipping industry with the 1.5°C trajectory. It aims to:

  • Create maritime routes in which mainly zero-emission ships travel
  • Run ports with 100 percent renewable energy
  • Enforce mandatory use of on-shore power for docked vessels.

“With increasing global shipping emissions, green corridors are key to decarbonising the sector,” SFOC said. 

“Our latest report on green corridors comes on the heels of South Korea and the United States' announcement to work together to implement cross-country green shipping corridors between several of their key ports.”

 

Photo credit: Solutions for Our Climate
Published: 14 February, 2024

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Shipping Corridor

Viking Line, Ports of Stockholm and Turku to create green shipping corridor by 2035

Partnership will act as an innovative platform to develop scalable solutions for phasing out fossil marine fuels and enable green shipping between Stockholm and Turku.

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Viking Line, Ports of Stockholm and Turku to create green shipping corridor by 2035

Ports of Stockholm on Wednesday (7 February) said it entered into a partnership with Port of Turku and Viking Line to create a green shipping corridor between Turku and Stockholm, which will be fossil fuel-free by 2035 at the latest. 

The result will be a framework with scalable solutions for the transition to fossil-free fuels and shipping with low climate impact.

A memorandum of understanding (MoU) was signed on 6 February, with the parties agreeing to establish a green shipping corridor by 2035 at the latest, the goal being an entirely fossil-fuel greenhouse gas emissions-free corridor.

“Climate change is happening here and now. It is more important than ever to take tangible steps towards a green transition. We know that more transport by rail or sea is needed rather than by road and air. Green shipping plays a major role in climate transition measures in the transport sector,” says Clara Lindblom, City Council responsible for Ports of Stockholm.

“Viking Line is a shipping company that has its roots in the vulnerable archipelago. That means that for us the work of protecting and preserving the Baltic Sea is part of our DNA. We strive to be an ambitious role model in the industry and proud of taking this step together with Ports of Stockholm and Port of Turku to come closer to achieving fossil fuel-free cruises and transport in this important shipping fairway between Sweden, the Åland Islands and Finland,” Viking Line CEO, Jan Hanses, said. 

The project and partnership qualifies as a green shipping corridor according to the Clydebank Declaration, of which both Sweden and Finland are signatories. This undertaking is well in advance of the EU's Fit for 55 strategy time line.

“Environmental work has always been a focus of our business operations. The Port of Turku nestles within a very vulnerable archipelago. This gives us the responsibility of respecting our surroundings at all times in our daily activities. In 2023 we signed Turku’s Climate City Contract, which has the goal of the city being carbon neutral by 2029. This is a goal we are working systematically to achieve and is why this memorandum to develop a green transport corridor between Turku and Stockholm is a natural step for us,” Erik Söderholm, CEO Port of Turku, explained. 

The partnership will act as an innovative platform to develop scalable solutions for phasing out fossil fuels and enable green shipping between Stockholm and Turku. The project will also leverage the advances and solutions in the Decatrip project, a collaboration between Rauma Marine Constructions, Viking Line, Åbo Akademi University and Kempower.

During the project the partners will successively reduce their carbon dioxide emissions and work towards creating an entirely fossil fuel-free corridor. The collaboration may also expand to involve other key stakeholders in the shipping industry, as well as other relevant ports, cargo owners and forwarding companies.

Related: Singapore, Japan to trial alternative bunker fuels with green shipping corridor MoU signing
Related: Houston, Antwerp-Burges ports and partners to cooperate on green shipping corridor
Related: Silk Alliance issues open letter on implementation plan for green shipping corridor
Related: Guangzhou, Los Angeles ports to partner on digital technology and green shipping corridor
Related: LA, Tokyo and Yokohama ports agree to establish Green Shipping Corridor partnership
Related: Singapore, LA and Long Beach unveil Partnership Strategy for Pacific Ocean green and digital shipping corridor
Related: New progress report highlights Rotterdam-Singapore Green & Digital Shipping Corridor

 

Photo credit: Ports of Stockholm
Published: 8 February, 2024

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