Shanggang Energy, Veolia China, and Hong Kong VENEX jointly signed a Strategic Cooperation Agreement on Green Fuel Supply in Shanghai

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On October 11, Shanghai Port Energy, Veolia China, and Hong Kong VENEX jointly signed a Strategic Cooperation Agreement on Green Fuel Supply in Shanghai. The three parties will work together to establish a comprehensive industrial ecosystem for the production, storage, transportation, and refueling of green methanol fuel, thereby creating a full-scale network for the supply of green fuel. Under the agreement, the three parties will leverage their respective strengths: Shanghai Port Group’s comprehensive services in port operation and its leadership in green energy refueling at Shanghai Port, Veolia’s experience in managing global environmental protection networks, and Hong Kong VENEX’s expertise in the production and operation of green methanol. Through collaboration across the industry chain, they will provide international shipping companies with integrated green fuel solutions. This move will gradually reduce the industry’s reliance on traditional fossil fuels, contributing to a green and low-carbon industrial ecosystem in the maritime sector. This cooperation will bring together long-term stability and full-process management within the green methanol industry chain. By establishing reliable strategic partnerships, we strive for sustainable development in the fields of energy and environmental protection. Taking this strategic partnership as an opportunity, Shanghai Port Energy will actively promote the development of the industrial chain for green fuels used in shipping, striving to turn Shanghai Port into a model hub for stable, reliable, and efficient green fuel services, thereby contributing to the low-carbon transformation of the international shipping industry.