Hapag-Lloyd commits to green methanol offtake agreement with Goldwind

German shipowner Hapag-Lloyd has agreed to offtake up to 250,000 tonnes of biogenic and green hydrogen-based methanol per year from Chinese firm Goldwind.

Hapag-Lloyd is expected to use green methanol to reduce the greenhouse gas emissions of its fleet by around one-third compared to 2022 levels. H2 View understands that the supply could save 400,000 tonnes of CO2 equivalent emissions per year.

Rolf Habben Jansen, CEO of Hapag-Lloyd, said, “As part of our strategy 2030, we are fully committed to the 1.5-degree target of the Paris Agreement and therefore also to sustainable investments.”