The port of Melbourne sees itself as a hub for the bunkering of green methanol

The Australian Port of Melbourne has signed a memorandum of understanding with more than a handful of companies to explore the commercial feasibility of establishing a green methanol bunkering center at the port.

The companies involved in the collaboration are Maersk, CMA CGM subsidiary ANL, Maersk subsidiary Svitzer, Stolthaven Terminals, HAMR Energy and ABEL Energy.

The project involves transporting green methanol from production sites in Bell Bay, Tasmania and Portland, Victoria to the Port of Melbourne for storage and bunkering. The MoU will serve as a starting point for the parties to work together and identify any challenges that need to be addressed.

As Australia’s largest container port with around 3,000 ships calling annually, Port of Melbourne CEO Saul Cannon believes it makes sense to work with customers, service providers and manufacturers to understand market needs as the decarbonisation of the maritime industry gathers momentum.

Maersk’s investment comes as it prepares to take delivery of its first green methanol-powered containership later this year, a 2,100 TEU feedership, the first of a fleet of eighteen larger green-methanol-powered containerships . “As an island nation with a high reliance on maritime transport, it is vital that Australia takes the lead to enable fuel conversion from fossil fuels to green fuels,” said My Therese Blank, Maersk’s regional market manager for Oceania.

ANL Managing Director Shane Walden also supports exploration of a green methanol bunker center and says alternative energy is key to reducing carbon emissions throughout the supply chain.

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