Hong Kong-headquartered Venture Energy, focused on the procurement and trading of clean fuels, has signed a memorandum of understanding (MoU) with CSSC Science & Technology (CSST) and China Shipbuilding Trading Co. (CSTC) that establishes a long-term offtake framework for green methanol supply. Source: Venture Energy Under the agreement, the parties will expand their scope of…
The Hong Kong and China Gas Company Limited (Towngas), Sinopec (Hong Kong) and Sinopec Star Company have signed a memorandum of understanding (MoU) to establish a strategic partnership to collaborate on clean energy solutions, including hydrogen and green fuels, among other things. Source: Towngas The tripartite partnership will cover hydrogen business development, hydrogen refuelling station…
Hong Kong has its work cut out for it to become a supply centre for green maritime fuel, as it works with partners in mainland China to build a green methanol supply chain from scratch, according to shipowner China Merchants Energy Shipping. “Hong Kong has already realised liquefied natural gas [LNG] and biodiesel [fuelling] operations,…