AP Moller-Maersk is replacing eight of its older container vessels with new ones that will run on carbon-neutral methanol and is signing contracts for the green fuel sourcing agreements with providers in Europe and the US
AP Moller-Maersk has signed a deal with Hyundai Heavy Industries to build eight ocean-going container vessels that will be able to run on carbon-neutral methanol and low sulphur fuel.
The dual-fuel vessels, which will have a capacity for around 16,000 TEU containers each, will be delivered from the first quarter of 2024. The Danish shipping company said the vessel expenditure is included in the $7 billion planned for 2021-2022.
The contract is one of a number of recent moves Maersk has introduced to make its logistics more sustainable for the future. Others include the launch of a bio-methanol sourcing agreement in Europe, and it has also invested in US-based sustainable fuel start-up WasteFuel.
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