Maersk Deals with Proman to Supply Green Methanol

Proman AG; Maersk | March 11, 2022

Proman and Maersk have joined hands to develop and identify green methanol supply solutions. As a result, a new cooperation agreement has been made for Maersk's new methanol-fuelled container vessels. As part of the agreement, Proman aims to supply Maersk with 100,000 – 150,000 tonnes per year of green methanol from its further 200,000 tonnes per year methanol facility in North America. Proman will initiate the project with targets to begin operations in 2025. The project will produce bio-methanol from non-recyclable forestry residues and municipal solid waste. 

Besides this, Proman and Maersk will collaborate on developing global projects to produce and deliver green methanol for Maersk's vessels. Proman will use its expertise across the methanol value chain to optimize global supply at Maersk's key bunkering ports. The collaboration will also share operational and technological best practices to drive shipping sustainability.

With this project, Proman will be evaluating multiple bio-methanol and e-methanol projects in Europe, South America, and the United Kingdom. In addition, Maersk and Proman will explore it as part of a longer-term green methanol supply strategy, mainly for the shipping industry.

"Maersk's industry-leading commitment to green methanol is fully aligned with Proman's belief that methanol should be a key part of the energy transition. Methanol-powered vessels are already in use today, with a proven track record of reducing and eliminating major emissions like particulate matter and sulphur oxides. We are excited to bring our deep industry experience to help deliver on Maersk's bold ambitions, working together to deliver green methanol and clean shipping at a global scale."
Proman Chief Executive, David Cassidy

Henriette Hallberg Thygesen, CEO of Fleet & Strategic Brands, A.P. Moller – Maersk, also says, "To transition towards decarbonization, we need a significant and timely acceleration in the production of green fuels. Green methanol is the only market-ready and scalable, available solution today for shipping. Production must be increased through collaboration across the ecosystem and around the world. That is why these partnerships mark an important milestone to get the transition to green energy underway.”

In the end, Proman and Maersk's agreement will also produce green methanol. Furthermore, it will emphasize the importance of methanol being is one of the most viable fuels to meet the urgent challenge of maritime decarbonization. Therefore, the announcement will enable the methanol industry


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