Wah Kwong Maritime Transport Holdings Limited has announced a strategic collaboration with CIMC Enric Holdings Limited (3899.HK) to drive green methanol applications, logistics, and bunkering services across the Greater Bay Area (GBA) and Asia.
The agreement, signed in Shenzhen on February 26, marks a significant step toward low-carbon shipping solutions by integrating renewable methanol production, storage, transportation, and bunkering into a comprehensive commercial model.
Key Objectives of the Partnership
- CIMC Enric will provide clean energy production and supply chain expertise to ensure a steady supply of renewable methanol.
- Wah Kwong Maritime will oversee safe fuel delivery and bunkering operations, leveraging its maritime logistics experience.
- The companies will collaborate with industry stakeholders to launch a pilot green methanol bunkering project in the GBA.
Industry Perspectives
Hing Chao, Executive Chairman of Wah Kwong Maritime, emphasized the company’s commitment to renewable fuels and the low-carbon transition of the shipping sector.
Yang Xiaohu, Executive Director and CEO of CIMC Enric, highlighted the agreement as a milestone in integrating green methanol across the industrial chain, aligning with global decarbonization goals.
Asia’s Growing Role in Maritime Sustainability
This initiative signals Asia’s increasing leadership in clean energy solutions for the shipping industry, further strengthening the region’s position in maritime decarbonization and green fuel innovation.
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Source: Xinde Marine News
