November 28, 2021

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Maersk Orders 8 Methanol-Powered Vessels, Eschewing LNG as Maritime Gasoline

3 min read

Danish transport huge AP Moller-Maersk A/S ideas to roll out the to start with of eight big container vessels fueled by carbon-neutral methanol in 2024, 4 a long time following the corporation rebuffed liquefied all-natural gas (LNG) as a reduced-carbon changeover gas.

The vessels are to be crafted by Hyundai Significant Industries (HHI) with nominal ability of about 16,000 containers, Maersk stated. The deal with HHI incorporates an solution for 4 more vessels in 2025. 

A dual-gasoline set up would help the ships to run on methanol and “conventional small-sulfur fuel,” Maersk reported. The supplemental funds expenditures for twin-fuel know-how would be all-around 10-15% of the complete selling price, permitting the ship proprietor “to consider a major leap ahead in its motivation to scale carbon neutral remedies and lead the decarbonization of container logistics,” Maersk mentioned.

Maersk’s methanol-powered ships would replace older vessels, building yearly carbon dioxide (CO2) emissions price savings believed at close to 1 million metric tons (mmt). 

The news arrives as shippers are seeking for ways to lessen their carbon footprints ahead of stricter Intercontinental Maritime Corporation decarbonization policies scheduled to go into outcome in 2023. In addition, Maersk claimed extra than half of its 200 major consumers have set or are in the process of location zero-carbon targets for their supply chains. Shoppers such as Amazon.com Inc., The Walt Disney Co. and H&M Group have currently fully commited to “actively use and scale zero-carbon solutions” for their ocean transport, Maersk said.

“As an marketplace first, the vessels will supply Maersk consumers definitely carbon-neutral transportation at scale on the substantial seas,” Maersk said.

Nevertheless, the enterprise is not without the need of difficulties. 

“Sourcing an enough sum of carbon neutral methanol from Day 1 in services will be hard, as it demands a significant output ramp up of right carbon-neutral methanol creation, for which Maersk carries on to have interaction in partnerships and collaborations with related gamers,” the business stated.

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The ship proprietor not long ago introduced a offer with renewables developer European Strength A/S to source fuel for its first methanol-driven vessel, due in 2023. European Power and subsidiary REIntegrate program to establish a Danish facility to make the 10,000 mmt of carbon-neutral e-methanol essential to electric power the vessel. Maersk stated it strategies to “work closely” with European Vitality and REIntegrate to produce the facility.

When the LNG bunkering sector has found some the latest growth in Europe and for the U.S. Gulf of Mexico amid the global decarbonization drive, Maersk CEO Søren Skou stated late past calendar year LNG as a marine gasoline did not go far more than enough to decrease vessel emissions.

“We never feel that LNG is going to perform a huge role for us as a changeover gas due to the fact it is continue to a fossil gas,” Skou reported past November. “We would fairly go from what we do currently, straight to a CO2-neutral sort of gas. But that will be yrs out in the long run, I suspect.”

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