“Our customers expect us to decarbonize their supply chains, and these six ships capable of running on green methanol will further accelerate efforts to offer our customers carbon-neutral transportation. Global action is needed this decade to meet the Paris Agreement goal of limiting global warming to a temperature increase of 1.5°C.” Henriette Hallberg Thygesen, CEO for Fleet and Strategic Brands at Maersk, it says in a press release.
The Danish shipping company AP Moller-Maersk (Maersk) has ordered another six large ocean-going vessels that can run on green methanol. The six ships are being built by Hyundai Heavy Industries (HHI) and have a nominal capacity of around 17,000 20-foot containers (TEU). They will replace the existing capacity in the Maersk fleet.
Maersk has set a company-wide net-zero emissions target for 2040 and has also set concrete short-term targets for 2030 to ensure significant progress. These include a 50 percent reduction in emissions per transported container in the Maersk Ocean fleet compared to 2020 and the principle of only ordering newbuildings that can run on green fuels. The six 17,000 ships powered by green methanol will save about 800,000 tons of CO2 emissions annually.
With the order, Maersk has ordered a total of 19 ships with dual-fuel engines capable of running on green methanol.
“Green methanol is the best scalable green fuel solution for this decade and we are pleased that several other shipowners are choosing this path. It adds further impetus to the rapid scaling of availability needed to lower the green methanol premium and accelerate the development of carbon-neutral shipping,” he said Palle Laursen, fleet chief and engineering officer at Maersk.
Compared to conventional fuel capacity, the additional capital expenditure (CAPEX) for methanol dual-fuel capability is in the range of 8 to 12 percent, an improvement compared to Maersk’s order for eight vessels of the same technology last year, added the publication.
The six 17,000 TEU ships are all scheduled for delivery in 2025 and will fly the Danish flag. They are all part of Maersk’s ongoing fleet renewal program and their capacity will replace an equal amount of capacity that is reaching end of life and leaving Maersk’s managed fleet. When all 19 ships on order are deployed and have replaced older ships, they will save around 2.3 million tons of CO2 emissions annually.
Maersk further reiterates its strategy to maintain a maximum fleet capacity of 4.3 million TEU as a combination of Maersk managed and time chartered vessels.
Fiber2Fashion Newsdesk (NB)