Hapag-Lloyd has secured a deal with Goldwind, a partner in clean energy headquartered in Beijing, China, to transport 250,000 tonnes of green methanol annually.
The green methanol will be a combination of bio- and e-methanol, resulting in at least a 70 per cent decrease in GHG emissions while meeting all existing sustainability certification standards.
Rolf Habben Jansen, CEO of Hapag-Lloyd AG, said: “As part of our Strategy 2030, we are fully committed to the 1.5-degree target of the Paris Agreement and therefore also to sustainable investments. With the agreement, we are securing a significant proportion of our requirements for green fuels.
“This will bring us an important step closer to our goal of achieving net-zero fleet operations by 2045. It is and remains our ambition to play a leading role in the transformation of the liner shipping industry.”
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By 2030, Hapag-Lloyd expects to cut the fleet’s absolute GHG emissions by around one-third compared to 2022.
Compared to conventional fuels, the requested amount of green methanol can save up to 400,000 tonnes of CO2e emissions in fleet operations per year.
Goldwind intends to establish a new green methanol production facility next to its existing project in the Hinggan League, China. Meanwhile, Goldwind will supply early volume beginning in 2026.
Wu Gang, Chairman of Goldwind, stated: “We are grateful for the opportunity to become a strong decarbonisation partner of Hapag-Lloyd, which aims to achieve carbon neutrality ahead of the shipping-industry targets and aligns closely with Goldwind’s corporate vision.”
Among other things, the five 10,100 TEU charter ships that Hapag-Lloyd and Seaspan are converting to a suitable methanol dual-fuel propulsion system in 2026 will run on green methanol.
