Maersk secures green methanol for maiden voyage of the world’s first methanol-enabled container vessel
Copenhagen, Denmark – A.P. Moller - Maersk (Maersk) has successfully secured green methanol for the maiden voyage of the world’s first methanol-enabled container vessel. Achieving this green fuel milestone is a significant step for the company and the industry’s efforts to reduce greenhouse gas emissions.
Maersk has signed a deal with Dutch producer OCI Global on the delivery of green1 bio-methanol for the maiden journey. The 21,500 km trip from Ulsan, South Korea to Copenhagen, Denmark -- more than halfway around the globe – will provide real operational experience for Maersk seafarers handling the new engines and using methanol as fuel, as the company prepares to receive a fleet of new, large ocean-going methanol-enabled ships from 2024.
The green methanol market is still in its infancy and frankly we had not expected to be able to secure a maiden voyage on green methanol for this vessel. So, we are very proud to have achieved this significant milestone. We expect a diverse green fuel mix for the future, with green bio-methanol from biomass waste being available now.
To meet the ambitious 2040 target of net zero greenhouse gas emissions in time, A.P. Moller - Maersk aims to transport a minimum of 25% of Ocean cargo using green fuels by 2030, compared to a 2020 baseline. The 2,100 TEU (twenty-foot-equivalent) landmark methanol-enabled feeder vessel is an important step toward the long-term objective of gradually renewing the entire fleet to operate solely on green fuels.
For more info about our fuel milestone, please check out the latest episode of our Decarbonisation webinar series on the Maersk YouTube channel.
1 We define ’green fuels’ as fuels with low to very low GHG emissions over their life cycle compared to fossil fuels. Different green fuels achieve different life cycle reductions depending on their production pathway. By 'low' we refer to fuels with 65-80% life cycle GHG reductions compared to fossil fuels. ‘Very low’ refers to fuels with 80-95% life cycle GHG reductions compared to fossil fuels.
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About Maersk
A.P. Moller - Maersk is an integrated logistics company working to connect and simplify its customers’ supply chains. As a global leader in logistics services, the company operates in more than 130 countries and employs over 110,000 people world-wide. Maersk is aiming to reach net zero emissions by 2040 across the entire business with new technologies, new vessels, and green fuels.
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