HMM Signs Clean Fuel MoU with Shanghai International Port Group

April 3, 2024

Source: HMM
Source: HMM

HMM has signed a Memorandum of Understanding (MoU) with Shanghai International Port Group (SIPG) on the supply of methanol and LNG at Shanghai Port.

HMM has committed to achieving net-zero emissions target for the entire business by 2050.

HMM is also working on eco supply chain networks at Singapore and Busan. HMM also signed new building contracts for nine 9,000TEU vessels powered by methanol, and plans to operate two 7,700TEU LNG-powered vessels by the end of this year.

Since 2022, SIPG has provided bonded LNG bunkering services for many shipping companies worldwide. Currently, all preparations for green methanol bunkering in Shanghai Port have been completed.

Logistics News

GCMD, CIMAC Partner to Support Maritime's Alternative Fuel Readiness

GCMD, CIMAC Partner to Support Maritime's Alternative Fuel Readiness

U.S.-India Trade Pact Could Cut Russian Oil Exports 25%

U.S.-India Trade Pact Could Cut Russian Oil Exports 25%

LNG Shipping’s Long-Term Outlook Remains Positive

LNG Shipping’s Long-Term Outlook Remains Positive

Soybeans, Wheat, Corn Futures Drop As Broad Commodities Slump

Soybeans, Wheat, Corn Futures Drop As Broad Commodities Slump

Subscribe for Maritime Logistics Professional E‑News

BAE workers in Northern England are planning a strike over wages, the union claims
Maguire: US-driven gas-turbine crunch could speed up global clean energy adoption
Walsh, IATA, says that the shortage of fuel and new aircraft puts IATA's emissions target at risk.