AD Ports Group, Masdar, Advario and the CMA CGM Group sign agreement to explore development of e-methanol bunkering and export facility in UAE

AD Ports Group has signed a collaboration agreement with Masdar, Advario and the CMA CGM Group to explore the feasibility for the development of a state-of-the-art e-methanol bunkering and export facility at Khalifa Port and Khalifa Economic Zones Abu Dhabi – KEZAD Group. The project will provide critical infrastructure to complete the supply value chain and bridge commercial e-methanol production with key off-takers, such as CMA CGM, in support of accelerating the decarbonisation of the global shipping industry. The collaboration agreement follows a Memorandum of Understanding signed in 2023 between 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 company’s fleet. The new agreement aligns with the Abu Dhabi Low Carbon Hydrogen Policy and the UAE’s National Hydrogen Strategy, which targets the scaling up of local hydrogen production to 1.4 million tonnes per annum by 2031 and 15 million tons per annum by 2050. It also corresponds with the nation’s Net Zero by 2050 strategic initiative, which focuses on decarbonising hard-to-abate sectors by 2050, said a release.

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