Maersk Orders Six More Green Methanol Vessels
By Dominic Chopping
A.P. Moeller-Maersk AS said Wednesday that it has ordered a
further six large ocean-going vessels that can sail on green
The Danish shipping giant said the vessels will be built by
Hyundai Heavy Industries Co. Ltd., with each having a nominal
capacity of around 17,000 containers.
All six vessels will be delivered in 2025 and will replace an
equal amount of capacity reaching end-of-life and leaving the
Maersk fleet, it said.
Including the latest order, Maersk has now ordered a total of 19
vessels with dual-fuel engines able to operate on green methanol
and, when all of the vessels have been deployed and replaced older
vessels, will generate annual CO2 emissions savings of around 2.3
million tonnes, it said.
Green methanol is produced using renewable energy and carbon
dioxide released as a result of the combustion or decomposition of
"Our customers are looking to us to decarbonize their supply
chains, and these six vessels able to operate on green methanol
will further accelerate the efforts to offer our customers climate
neutral transport," Henriette Hallberg Thygesen, Maersk's chief
executive of fleet and strategic brands, said.
Maersk has set a net-zero emissions target for 2040 across the
entire business and has also set near-term targets for 2030 to
ensure significant progress. This includes a 50% reduction in
emissions per transported container in the Maersk ocean fleet
compared to 2020 and a principle of only ordering newbuild vessels
that can be operated on green fuels.
Financial terms weren't disclosed.
Write to Dominic Chopping at email@example.com
(END) Dow Jones Newswires
October 05, 2022 03:32 ET (07:32 GMT)
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