Maersk orders 12 LNG dual fuel ships

Maersk Line has ordered 12 LNG dual-fuelled 16,000 TEU container ships at a Chinese shipyard.

It is reported that each ship is priced at $200 million, with delivery slated in 2028. If the options are exercised, the total contract value will be $2.4 billion.

The order raises speculations whether the Danish carrier is rethinking its bet on green methanol as its future marine fuel.

Maersk Line had previously banked on green methanol to achieve decarbonisation, concerns about an adequate supply of the fuel may have caused the Danish line to turn to LNG, according to some analysts.