China plans trading platform for green hydrogen-derived fuels to decarbonise shipping

Quick Summary:

Hydrogen, methanol and ammonia are inevitable choices’ for green shipping, says an official of the Shanghai Environment and Energy Exchange.

The country’s first operational methanol fuel bunkering vessel, the Haigang Zhiyuan, provided 504 tonnes of methanol to the Astrid Maersk, a large methanol-powered container vessel belonging to the Danish shipping and logistics giant A.P.Moller-Maersk.

The platform will focus on the certification and trading of green hydrogen, green methanol and green ammonia in China, and eventually aims to expand its service globally.

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Article Details

Author / Journalist: Yujie Xue

Category: Business

Markets: Hong KongChina

Topics: Shanghai Energy Cent Methanol China Shipping Hydrogen Fuels Fuel Green International

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-09 @ 17:00:18 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 565 words

Reading Time: 4 minutes read

Sentences: 19 lines

Sentence Length: 30 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 21552273

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