Evergreen explores Taiwanese green fuel production


Source: Evergreen

Container liner operator Evergreen has announced that it is exploring the feasibility of developing a green methanol and ammonia supply chain for applications including maritime fuel on the island of Taiwan.

The announcement follows the signature of a memorandum of cooperation between Evergreen and Danish green investment fund manager Copenhagen Infrastructure Partners (CIP) on 20 October to jointly explore production and usage of carbon-neutral e-fuels.

The two companies note the collaboration will extend beyond the production of renewable fuels in Taiwan based on offshore wind to include the exploration of green fuels such as e-ammonia and e-methanol. CIP is currently constructing and developing several offshore wind farms in Taiwan. 

The agreement follows Evergreen’s recent announcement of a significant order for dual-fuel methanol-fuelled container vessels in July, when Evergreen Shipping’s subsidiary Evergreen Marine (Asia) placed an order with Samsung Heavy Industries for 16 x 16,000 teu container vessel newbuildings, and a separate order for 8 x 16,000 teu with Japan’s Nihon Shipyard.

Continue this article…

Already subscribed? SIGN IN now


Sign up for FREE to continue this article!

Want to read more before deciding on a subscription? It only takes a minute to sign up for a free account and you’ll get to enjoy:

  • Weekly newsletters providing valuable news and information on the shipping sector
  • Full access to our news archive
  • Live and archived webinars, podcasts and videos
  • Articles on innovations and current trends in the shipping industry
  • Our extensive archive of data, research and intelligence

Get more free content sign up today

Ready to subscribe? Choose from one of our subscription packages for unlimited access!