Maersk signs green methanol deal with Chinese developer Goldwind

The volumes combine a mix of green bio-methanol and e-methanol, all produced utilising wind energy at a new production facility in Hinggan League, Northeast China, around 1000 km northeast of Beijing. Production is expected to begin in 2026. Following this signed offtake agreement, Goldwind expects to confirm a final investment decision for the facility by the end of the year.
We are encouraged by the agreement because its scale and price confirm our view that green methanol currently is the most viable low-emission solution for ocean shipping that can make a significant impact in this decade. We still have a long way to go in ensuring a global green fuels market that can enable the decarbonisation of global shipping: Rabab Raafat Boulos, Maersk
Goldwind respects Maersk as a pioneer in the field of maritime green fuel and we are excited to jointly promote the green transition with Maersk. With this project, Goldwind will continue to explore the innovative application of new technologies, pursue the organic combination of green electricity and green fuel production, and optimise the production process of green methanol: Wu Gang, Goldwind
Maersk will take delivery of its first large ocean-going methanol-enabled vessel (16,000 TEU) in the first quarter of 2024 and is working on sourcing solutions with a broad range of global partners for the entire vessel series being delivered in 2024-25.
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