7 June 2023, Wollerau, Switzerland and Klaipeda, Lithuania – Proman has signed an Memorandum of Understanding (“MoU”) with the Port of Klaipėda in Lithuania to support its transition from a “gateway to the world” to an “energy port”. The Port of Klaipėda aims to become an energy centre, not just a cargo, shipbuilding and repair base, and the cooperation with Proman, one of the world’s largest producers and suppliers of methanol, will help the Port of Klaipėda in the planning, design and implementation of future methanol bunkering and the potential development of a methanol-to-power project for shore side power (“SSE”) in or near the Klaipėda port.