Maersk secures ninth methanol partner

The Letter of Intent covers the production of green methanol from multiple facilities to be developed by SunGas in the US from which Maersk intends to offtake full volumes of green methanol. The first facility is expected to begin operations in 2026 and have an annual production capacity of approximately 390,000 tonnes.

“Securing green marine fuels at a global scale within this decade will require rapid scale up of green methanol production capacity using a variety of technology and feedstock pathways. We are very pleased to welcome SunGas Renewables as a strategic partner in our efforts to achieve our goal of net zero greenhouse gas emissions in 2040 across our entire business, and to ensure meaningful progress is made within this decade in line with the Paris Agreement,” says Emma Mazhari, Head of Green Sourcing and Portfolio Management, A.P. Moller – Maersk.

The SunGas facilities will utilize its flagship System 1000 platform to convert sustainably sourced residues from the forestry and wood products industries into green methanol.

This is Maersk’s ninth partnership to accelerate global production of green methanol. SunGas joins eight other strategic partners working to supply the green fuel needed for the 19 methanol enabled container vessels Maersk currently has on order. The other partners are Carbon Sink, CIMC ENRIC, Debo, European Energy, Green Technology Bank, Orsted, Proman, and Wastefuel.