A Memorandum of Understanding (MoU) has been signed between Port of Melbourne, A.P. Moller – Maersk (Maersk), CMA-CGM subsidiary ANL, Svitzer, Stolthaven Terminals, HAMR Energy and ABEL Energy to explore the commercial feasibility of establishing a green methanol bunkering hub at the Port of Melbourne, according to the port authority on Wednesday (26 April).
The collaboration will examine a potential project involving the transportation of green methanol from production sites in Bell Bay, Tasmania (ABEL Energy) and Portland, Victoria (HAMR Energy) to Port of Melbourne for storage and bunkering services.
The MoU provides a starting point for the parties to work together to explore the various elements of establishing a green methanol bunkering hub, and identify any challenges that would need to be addressed.
Port of Melbourne and its partners will bring a wealth of expertise and experience in the shipping and energy industries, making them ideal partners for this initiative, the port authority added.
Port of Melbourne CEO, Saul Cannon, said: “Decarbonisation of the maritime industry is really gaining pace. As Australia’s largest container port with around 3,000 ships visiting annually, it makes sense that we look at ways to work together with customers, service providers and producers to understand the needs of the market.”
Maersk Regional Head of Market, Oceania, My Therese Blank, said: “Maersk has already ordered container vessels that will be operated on green methanol, which is a proven solution for reducing the shipping industry’s carbon emissions and mitigating its impact on the environment. As an island nation with high dependency on ocean transport, it’s vital that Australia takes a leadership role to enable the fuel transformation from fossil to green fuel.”
ANL Managing Director, Shane Walden, said: “Alternative energies are key to the reduction of carbon emissions throughout the supply chain. Green Methanol presents another excellent opportunity for the shipping industry to decarbonise and we are supportive of the robust exploration of a bunkering hub such as this.”
Photo credit: A.P. Moller – Maersk
Published: 27 April, 2023
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