In Denmark, Ship and Bunker reports A.P. Moller-Maersk plans for 25% of its cargo fleet to use green fuels by 2030. Data shows that 19 methanol-fueled ships are on order for delivery by 2025, representing about 296,100 TEU, 7% of its fleet capacity. To reach the company’s 25% target would require securing another 45 ships […]
In Denmark, as part of the strategy to decarbonise its customers’ supply chains, A.P. Moller – Maersk (Maersk) has entered a green methanol partnership with U.S. based project developer Carbon Sink LLC. This is Maersk’s 8th such agreement in the efforts to accelerate global production of green methanol. The parties have signed a Letter of […]
In Germany, Hyundai’s shipbuilding division (HHI-SBD) has ordered 6 × MAN B&W G95ME-C10.5-LGIM dual-fuel main engines in connection with the construction of 6 × 17,000 teu container vessels for A.P. Moller – Maersk, the Danish integrated logistics company. Hyundai’s engine machinery division (HHI-EMD) will build the engines in Korea, which will be capable of running […]
In Denmark, following the announcement of six strategic green methanol partnerships across the globe earlier this year, A.P. Moller – Maersk (Maersk) adds a seventh methanol partnership with Chinese bioenergy enterprise Debo on the quest to boost global production capacity. The parties have signed a Letter of Intent covering Debo’s plans to develop a bio-methanol […]
In Denmark, to boost the global production capacity of green methanol, A.P. Moller – Maersk (Maersk) enters strategic partnerships with six leading companies with the intent of sourcing at least 730,000 metric tons/year by end of 2025. The six companies are CIMC ENRIC, European Energy, Green Technology Bank, Orsted, Proman, and WasteFuel. With this production […]
In Denmark, bp and Maersk Tankers, with support from the Danish Maritime Authority, have successfully completed trials using biofuel-blended marine fuel in product tankers, demonstrating that sustainable biofuels can be used as a marine ‘drop-in fuel’ to help reduce carbon emissions in shipping. Global shipping accounts for around 3% of the global carbon emissions. bp […]
In Denmark, Maersk Growth, the corporate venture arm of A.P. Moller – Maersk, has invested in Vertoro – a Dutch start-up focused on developing liquid lignin technology which can be used as a marine fuel. Maersk’s investment will be used to further develop and commercialize Vertoro’s patented liquid lignin technology, and it will enable Vertoro […]
In Denmark, a Maersk tender completed a successful trial in partnership with The Ocean Cleanup, blending biofuel into the marine fuel to reduce CO2 emissions during her recent charter in the Pacific. In May 2021, Maersk Supply Service decided together with The Ocean Cleanup to run a trial program, in which they would blend biofuel […]
From Sweden comes news that one of the world’s leading tanker shipping companies, Stena Bulk, signed the Global Maritime Forum’s Call to Action for Shipping Decarbonization with milestones that include three carbon neutral-ready methanol powered MR tankers into Stena Bulk’s fleet, exploring low carbon fuels and the feasibility of using carbon capture to cut emissions […]
In Denmark, Maersk Growth has made a leading venture investment in Prometheus Fuels, a Silicon Valley-based startup with a promising direct air capture-technology to enable cost efficient, carbon neutral eFuels for shipping. The minority investment in Prometheus Fuels will support A.P. Moller – Maersk’s work to execute on the strategy to decarbonize marine operations. Maersk […]
