Industry Leaders Collaborate for Europe's First Green e-fuels Hub

FlagshipONE, which is in late-stage development and approaching a final investment decision, will be the largest e-fuels facility in the world, producing 50,000 tonnes of eMethanol annually.

This collaboration is supported by the Port of Gothenburg, the first shipping port to actively pursue a green fuels policy ensuring carbon neutral operations by 2030.

The five companies will now work together to launch the first renewable, 'Made in Sweden’ marine fuel, to encourage more companies to choose carbon neutral e-fuels. The commitment to e-fuels made by the pioneering shipping companies is proof of their ambition to catalyse the transition to carbon neutral shipping.

Niclas Mårtensson, CEO of Stena Line, said - "Being an industry leader within sustainability, Stena Line has the ambition to achieve a climate neutral operation. This partnership is yet another proof point of our dedication to reduce our carbon footprint. We cannot achieve this on our own – a strategic collaboration across the value chain will be a win-win for all stakeholders in this exciting project."

Torben Carlsen, CEO of DFDS, says: "We are excited that customers, suppliers and competitors alike show commitment and collaborate to decarbonise our industry. With eMethanol from this partnership, DFDS is adding a new e-fuel possibility to deliver on our promise to operate a green vessel latest by 2025.”

Olivia Breese, Senior Vice President, Ørsted P2X, says: "Ørsted is excited about the opportunity to support the Port of Gothenburg, DFDS and Stena Line in their ambition to decarbonise their marine operations by using green e-fuel to be produced at FlagshipONE in Sweden. We certainly appreciate the effort by all stakeholders to be present here today, and I'm very pleased that Ørsted can continue to lead the energy transition for the shipping sector."

Claes Fredriksson, CEO and Founder of Liquid Wind, said - "We are honoured to have the minister present here at the Port of Gothenburg, at this pivotal moment when the 5+ years of development work that Liquid Wind has put in, meets the reality of real customers, Stena Line and DFDS, leading to the conclusion of long-term agreements that will allow FlagshipONE to establish and construct the first full-scale electrofuel facility in Europe or perhaps even the world. The Minister's support for a large-scale introduction of electrofuels is encouraging going forward. We look forward to a continued constructive dialogue with the Government on how to ensure financial prerequisites for the production of green electrofuels in Sweden."