Maersk in discussions regarding Methanol-Powered Containership with Yards

3 mins read  Sealuminati Team June 22, 2021

Maersk, the container shipping and integrated logistics company, is presently discussing the feasibility regarding the order of a methanol-powered containership with the yards and equipment suppliers.

In February 2021, the company confirmed its plans to order the world’s first container vessel which will work on carbon-neutral methanol. This plan by Maersk aims to launch the carbon-neutral liner vessel by 2023, way before the 2030-marked ambition.

The vessel will have a capacity of about 2,000 TEU and this methanol feeder will be arrayed in the intra-regional networks of Maersk. The concept design has been finalized and further details will be made public as soon as the contract is sanctioned.

Maersk has also declared that in the future in will only place orders for dual-fuel vessels which can operate on a zero-carbon fuel. The company has kept its words on switching its ships from fossil fuels to zero-emission alternatives. The company is also working on leveling the cost gap between fossil fuels and green fuels, which are highly expensive. It has proposed a carbon tax on ship fuel of at least $450 per ton of fuel for the same.

The CEO of A.P. Moller Maersk said that it is time for action since the fossil fuels cannot continue to be cheaper than the green fuels. He said that we need to shift our focus to all the greenhouse gases, instead of simply targeting carbon dioxide, if we really want to completely decarbonize the shipping line by 2050 as per the Paris Agreement.