Partnership to explore viability of methanol bunkering and export facilities in UAE
UAE port operator the AD Ports Group has entered into a collaboration agreement with Masdar, Advario and the CMA CGM Group to explore the feasibility for the development of an e-methanol bunkering and export facility at Khalifa Port and Khalifa Economic Zones Abu Dhabi (KEZAD).
The AD Ports Group said the project would provide critical infrastructure to complete the supply value chain and bridge commercial e-methanol production with CMA CGM and other key off-takers.
"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," Saif Al Mazrouei, CEO Ports Cluster of the AD Ports Group.
The collaboration agreement follows a memorandum of understanding signed in 2023 between the AD Ports Group and Masdar to explore the development of a "green hydrogen" hub within KEZAD.
Last year, Masdar also signed a strategic supply partnership with CMA CGM to assess the long-term provision of "green" maritime fuels for the latter's fleet.