Ink agreement to explore the development of E-Methanol bunkering and export facility in the UAE
AD Ports Group has signed a collaboration agreement with Masdar, Advario and the CMA CGM Group to explore the feasibility for the development of a state-of-the-art e-methanol bunkering and export facility at Khalifa Port and Khalifa Economic Zones Abu Dhabi – KEZAD Group.
The project will provide critical infrastructure to complete the supply value chain and bridge commercial e-methanol production with key off-takers, such as CMA CGM, in support of accelerating the decarbonisation of the global shipping industry.
“The development of an e-methanol bunkering and export facility in Khalifa Port will not only support the growth of the shipping industry, but also contribute to the reduction of carbon emissions and the promotion of clean energy sources,” observed Saif Al Mazrouei, Chief Executive Officer-Ports Cluster, AD Ports Group.
Global shift to net zero
“Green hydrogen and its derivatives, such as e-methanol, are pivotal in decarbonising hard-to-abate sectors like shipping, helping drive the global shift toward net zero,” commented Dr. Faye Al Hersh, Head of Green Hydrogen Business Development (UAE), Masdar.
“We are pleased to be partnering with Masdar, AD Ports Group, and CMA CGM to assess the feasibility of developing innovative solutions that will drive long-term, sustainable progress for the maritime industry,” remarked Bas Verkooijen, CEO, Advario.
“At CMA CGM, we are accelerating the decarbonation of shipping by investing in low-carbon solutions, with a fleet of more than 153 vessels capable of using low-carbon energies and synthetic fuels such as e-methanol operational by 2029,” assured Christine Cabau Woehrel, Executive Vice President, Assets and Operations, CMA CGM Group.
