Maersk needs 730,000t of methanol per annum by 2025

A.P. Moller-Maersk A/S, one of the world’s largest oil consumers, has partnered with six energy companies to jump-start the green methanol market and help the shipping giant ditch fossil fuels. Maersk will be able to buy at least 730,000 tons of methanol per year by the end 2025, the Copenhagen-based company said on Thursday. That’s

Maersk investing hugely on greener fuel

The Russian invasion of Ukraine is causing major disruptions for the industry, with many vessels stuck in ports and freight costs rocketing higher. In the wake of sanctions, shipping giant, Maersk has temporarily suspended its container shipping to and from Russia (except for food, medical and humanitarian supplies). These vessels criss-crossing multiple trade routes around

Building first large scale commercial e-methanol facility moving forward

Efforts are moving forward on building the world´s first large-scale commercial e-Methanol production facility to be located in southern Denmark. The timing of the project is being coordinated to the scheduled delivery of Maersk’s large dual-fuel methanol ready containerships with the production of the fuel scheduled to start in the second half of 2023. Last

Decarbonizing marine shipping: Clean fuels for a greener future?

Ship fuels manufactured using renewable electricity, and made purely from water and the gases found in the atmosphere, are being proposed as the solution to decarbonizing marine shipping. Net-zero by 2050 Countries around the world, including Canada, are adopting greenhouse gas (GHG) emissions targets of zero emissions by 2050. The global marine shipping industry is

We are not certain which will be the fuel of choice for transition

As the shipping sector is gearing up to move towards energy transition, Anil Devli, Chief Executive Officer (CEO), Indian National Shipowners’ Association, in an exclusive interview with Future Fuels explains the perspectives of fuel transition from the Indian ship owners’ point of view and he also speaks on what they are expecting from the government

Liner shipping is first sector to charter the course towards major energy transition

A successful and efficient transition to green energy requires an expanded IMO GHG Strategy. Container shipping and car carriers have joined forces in the World Shipping Council to call on the International Maritime Organization for swift and concrete regulation to accelerate the industry’s decarbonisation. 10 February 2022 Today, for the first time, an entire shipping

Mærsk  teams up to advise in defining  decarbonisation roadmap and strategy

To accelerate the maritime decarbonisation journey, the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping (the Center) is teaming up with Maersk Broker Advisory Services and McKinsey & Company to offer data-based advisory services on decarbonisation pathways. The service called ‘Fleet Decarbonisation Optimizer’ combines deep industry knowledge and techno- economic analytical capabilities across the three

Charting global shipping’s path to zero carbon

A knowledge partnership between the Maersk Mc-Kinney Møller Center for Zero Carbon Shipping and McKinsey explores what it will take for the maritime industry to decarbonize. Persistent logjams in the global supply chain have brought the shipping industry under intense scrutiny in recent months. Although much of the focus has been on devising solutions to

Maersk tankers to launch decarbonisation hub

Maersk Tankers has announced it is to establish a knowledge hub focusing on decarbonisation. The hub will seek to gather intelligence and create solutions to help shipowners and cargo customers cut emissions, the company said. Maersk Tankers says the decarbonisation hub will bring experts, shipowners, cargo customers and other stakeholders together to develop a suite

‘Thank God I won’t be on board’ – Maersk methanol ship design under fire

Maritime veterans do not appear to think much of Maersk’s new methanol vessel design, saying the forward-situated superstructure will cause a host of problems. Ex-ship’s captain Arjun Vikram-Singh, currently CEO of Quantum BSO, said: “Thank God I’m ashore,” and called the new design a “monster”. He added: “I hate to think of the poor souls