Maersk opts for 4 more methanol-powered boxships

A.P. Moller – Maersk has declared options with South Korean shipbuilder Hyundai Heavy Industries (HHI) to build four additional 16,000 teu dual-fuelled vessels able to operate on carbon neutral methanol. The deal is worth close to KRW840bn (around $700m), Korea Shipbuilding & Offshore Engineering (KSOE), the shipbuilding holding company of HHI, said in a regulatory

Rolls-Royce looks to methanol for climate-friendly shipping

Rolls-Royce business unit Power Systems is working on developing mtu engines for use with methanol. The company is looking at producing new high-speed four-stroke engines, which are based on proven mtu technologies and are planned to be available as soon as possible for use in commercial vessels. “With the new development of mtu methanol engines,

More carriers eye scrubber installation as price gap between fuels gets wider

As the price gap between low-sulphur fuel oil (LSFO) and heavy fuel oil (HFO) widens, almost 30% of the global containership fleet capacity is now equipped with scrubber technology, according to an Alphaliner survey. The consultant said the number of container vessels fitted with scrubbers increased by 150 last year, to 850 ships for 7.52m

Maersk showcases design of its methanol powered box ships

Maersk Line, the world’s biggest container shipping company, on Wednesday show-cased the design of eight carbon neutral, methanol powered huge box ships it has ordered at South Korea’s Hyundai Heavy Industries. The carrier owned by Danish shipping and transport behemoth A P Moller Maersk Group A/S said it is “a very meaningful and impactful first

Two New Vessels Illustrate Progress with Methanol-Fuelled Ships

The shipping industry is increasingly looking to methanol-fuelled vessels as the next step in the transition away from traditional heavy fuel oil. While supplies of methanol do not currently support a large-scale conversion, interest grew when shipping major Maersk announced that t was accelerating its efforts to launch methanol-fueled vessels. While Maersk’s vessels remain years

Maersk to go green early as new fuel options speed up transition

A.P. Moller-Maersk A/S, one of the world’s largest oil consumers, will reach its goal of becoming carbon neutral ahead of a 2050 deadline because the green transition in shipping is turning out to be easier than expected, its chief executive said. “It will go a lot faster,” CEO Soren Skou said. The Copenhagen-based company will

Maersk invests in Vertoro to develop green lignin marine fuels

Maersk’s investment will be used to further develop and commercialize Vertoro’s patented liquid lignin technology, and it will enable Vertoro to build a demo plant, which will become operational in 2022. The output of this plant will be used to develop marine fuels in partnership with Maersk as well as other applications for the materials