AD Ports Group joins project to develop green methanol facilities

UAE-based port operator the AD Ports Group, Egyptian container shipping line Transmar, and Cairo-based Orascom Construction have entered into a memorandum of understanding (MOU) for the development of a green methanol storage, export, and bunkering facility in the Suez Canal area. The AD Ports Group said the new facility will supply low-carbon fuel for maritime

AD Ports signs pact with Orascom Construction to develop green methanol facility

Abu Dhabi-based ports and logistics giant AD Ports Group, container shipping firm Transmar, and engineering company Orascom Construction have signed an MoU for the development of a green methanol storage and export facility for maritime transport in Egypt. As a fuel, green methanol has several benefits compared to fossil fuels. It is clean-burning and has