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

UAE Ports Become Country's Lifeline as Gulf Trade Remains Fragile

UAE Ports Become Country's Lifeline as Gulf Trade Remains Fragile

Great Lakes Iron Ore Trade Increases 5.3% in April

Great Lakes Iron Ore Trade Increases 5.3% in April

DNV Alternative Fuels Insight: 38 New Vessel Orders Placed in April

DNV Alternative Fuels Insight: 38 New Vessel Orders Placed in April

At the Helm: How the U.S. Coast Guard is Shaping the Future of Maritime Nuclear Power

At the Helm: How the U.S. Coast Guard is Shaping the Future of Maritime Nuclear Power

Subscribe for Maritime Logistics Professional E‑News

Alaska Air offers $500 million in debt as fuel prices rise due to the Iran War
Israel transfers jet fuel to Germany after Hormuz Crisis
South Korea suspends its review of Trump’s call for participation in 'Project Freedom.