A.P. Moller – Maersk’s towage operator Svitzer has signed an agreement with engine manufacturer Caterpillar to utilize methanol fuel across its fleet as part of the company’s decarbonization strategy.
Under a recently signed memorandum of understanding (MOU), Svitzer will work with caterpillar Marine to implement dual-fuel methanol engines aboard its new tugs as well as conversions of existing Cat powered tugs, which comprise the majority of Svitzer’s fleet.
Following the recent Cat 3500-E series methanol-readiness announcement in September 2022, the MOU formalizes the collaboration to deploy engine technologies that enable Svitzer to utilize methanol, which can be produced from renewable energy sources to reduce lifecycle greenhouse gas emissions.
Svitzer is aiming to achieve a 50% reduction in the CO2 intensity of its entire fleet by 2030 and become CO2 neutral across all scopes by 2040.
Tags: Decarbonisation, Dual fuel, Engines, Methanol, Svitzer
Recent Posts
NTPC inks pact to set up green hydrogen infra in Odisha
India poised to become major SAF producer
Swan Energy, AG&P to form JV for LNG ops, storage unit
Hydrogen-hybrid research vessel causes 75% less emissions
Sailing towards sustainability: Navigating maritime risks through ESG norms
NTPC Green Energy to participate in SIGHT scheme to supply green ammonia
Oil India signs MoU with HP Govt. to support alternative energy projects
Avaada Group commits $12bn to transform Rajasthan into renewable energy hub