Maersk Signs Green Methanol Deal for Vessel

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Another competitor for LNG-fueled shipping has taken a step forward. AP Moller-Maersk, the world’s largest shipping company, has signed a deal to procure green e-methanol from Danish renewable energy company European Energy to supply the world’s first container vessel operating on carbon-neutral fuel. Maersk will be supplied with 10,000 tons of carbon neutral e-methanol annually for the ship from a Danish facility developed by European Energy subsidiary Reintegrate, with the fuel to start production in 2023 (LNGI Feb.10'21). The facility will use renewable energy, namely from a solar farm in southern Denmark, and biogenic carbon dioxide to produce the green fuel. This will be Reintegrate’s third e-methanol producing facility. The 172-meter feeder vessel with a capacity of 2,100 20-foot equivalent units uses a dual engine technology that allows it to sail on either methanol or traditional very-low-sulfur fuel (LNGI Jul.1'21). “This type of partnership could become a blueprint for how to scale green fuel production through collaboration with partners across the industry ecosystem,” Maersk’s CEO of Fleet & Strategic Brands Henriette Hallberg Thygesen said. Maersk is targeting a 60% relative CO2 reduction from shipping by 2030 and hopes to achieve net-zero CO2 emissions by 2050.

Biofuels (incl. SAF), Hydrogen
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