
Maersk and China’s Debo Partner on Methanol
Danish shipping giant A.P. Moller-Maersk has signed a Letter of Intent with Chinese bioenergy enterprise Debo to take the full output of its proposed green methanol plant.
Danish shipping giant A.P. Moller-Maersk has signed a Letter of Intent with Chinese bioenergy enterprise Debo to take the full output of its proposed green methanol plant.
Shipping giant A.P. Moller-Maersk has entered into strategic partnerships with six companies with the aim of sourcing at least 730,000 t/y of green methanol by the end of 2025. The companies are China’s CIMC Enric and Green Technology Bank (GTB), Danish companies European Energy and Orsted, Swiss methanol producer Proman and US start-up WasteFuel.
Maersk Saudi Arabia, part of Danish shipping and logistics giant A.P. Moller – Maersk, has entered into a strategic partnership with King Abdullah Port to provide services for the Kingdom’s petrochemical exporters. The partners will set up the Maersk Integrated Logistics Hub, a non-bonded warehouse for handling and storing cargoes.