Evergreen & CIP To Jointly Explore Green Shipping Fuels

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Credits: Angus Gray/Unsplash

Evergreen Marine Corporation and Copenhagen Infrastructure Partners (CIP) have signed a memorandum of understanding (MoU) to jointly explore production and usage of carbon-neutral e-fuels.

CIP has signed the MOU on behalf of its Energy Transition Fund, the company said in a statement on 20 October.

The cooperation includes the production of e-fuels in Taiwan based on offshore wind, as well as the exploration of a broader supply of green fuels such as e-ammonia and e-methanol. As previously reported, Evergreen is investing in 24 16,000 TEU methanol dual fuel vessels.

ETF is the world’s largest fund dedicated to investing and developing advanced energy technology which supports the transition to renewable energy,’ said CIP Partner, Felix Pahl. ‘CIP already has a strong footprint in Taiwan, and we are looking forward to working with Evergreen to further support Taiwan’s ambition of realizing 2050 net zero goal.’

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Source: CIP