Maersk seeks methanol from India for its green fleet

A.P. Moller-Maersk has entered early talks with Indian green fuel producers, including NTPC Green Energy, to source methanol for its growing fleet of dual-fuel ships, the Copenhagen-based shipping giant announced. With 25 dual-fuel vessels ordered, Maersk is advancing its 2040 netzero emissions goal by transitioning to bio and e-methanol alongside liquefied biomethane.

Currently, eight dual-fuel ships have joined Maersk’s fleet, along with a retrofitted vessel, while 20 additional vessels are expected by 2030. These investments reflect Maersk’s commitment to decarbonizing its ocean shipping operations, which account for most of its emissions. However, the company noted the significant challenge of scaling methanol production to meet demand, with initial production slated to begin in 2026.

To bridge the cost gap between fossil and green fuels, Maersk has called for International Maritime Organization regulations, including a pricing mechanism and a global green fuel standard. “We are shouldering the extra capex for dual-fuel ships, but sustainable regulations are key for long-term success,” Maersk stated.

India’s abundant biomass, renewable energy resources, and strategic location position it as a potential leader in low-emission fuel production, reinforcing its importance in Maersk’s green shipping transition.