Maersk to Develop Green Methanol Bunkering Infrastructure in Yokohama
A.P. Moller-Maersk (Maersk) have announced that the company has signed a Memorandum of Understanding (MoU) with the City of Yokohama and Mitsubishi Gas Chemical (MGC).
This collaborative agreement will focus on the development of green methanol bunkering infrastructure in Yokohama as Maersk’s 16,000 TEU green methanol-powered container vessels will be delivered since 2024.
It also highlights the parties’ shared commitment to sustainable initiatives and the transition towards a greener future.
Maersk has an ambitious target of achieving net-zero emissions by 2040 throughout its entire business.
For shipping, it will equip its 25 container vessels with dual-fuel engines capable of sailing on green methanol. The successful implementation of this initiative heavily relies on the establishment of port bunkering infrastructure for methanol worldwide.
Toru Nishiyama, Managing Director of Maersk Northeast Asia said: "As shipping companies increasingly prioritize decarbonization efforts, the availability of green fuel bunkering options and the feasibility to carry out the operation in Japan becomes paramount.
"We are delighted to join forces with the City of Yokohama, renowned for its leadership in establishing green shipping corridors in Japan, and Mitsubishi Gas Chemical, a pioneer in domestic methanol production. Together, we aim to pave the way for the development of green fuel bunkering infrastructure in the country."
The City of Yokohama oversees the Port of Yokohama, which includes the Minami-Honmoku container terminal operated by APM Terminals Japan.
The port stands as Japan's deepest water berth, boasting a total length of 1,600 meters and a draft of 18 meters. It features advanced STS cranes, capable of reaching out up to 24 rows.
Since the opening of Yokohama Port in 1859, it has served as a pivotal gateway to Japan and Asia. As part of its commitment to achieving carbon neutrality by 2050, Yokohama is at the forefront of developing Japan's green shipping corridors.
Dr. Takeharu Yamanaka, Mayor of Yokohama said: "Yokohama Port has proudly held the record for the highest number of foreign vessels calls in Japan for around 60 years, underscoring its critical role in maritime transportation where 'fuel supply and bunkering for vessels' holds significant importance.
"Moving forward, the three parties involved will collaborate to promote the use of green methanol in accordance with the memorandum. Yokohama aims to spearhead the development of Japan's green shipping corridors while also aiming to explore and invite more like-minded future partners to join the initiative."