Page 14 - EurOil Week 34 2021

EurOil ENERGY TRANSITION EurOil

Moller – Maersk to pioneer carbon-

neutral methanol as shipping fuel

EUROPE GLOBAL shipping giant A.P. Moller – Maersk is “This order proves that carbon neutral solu-
to launch in the first quarter of 2024 the first of tions are available today across container vessel
Maersk is under eight container ships that will burn carbon-neu- segments and that Maersk stands committed to
pressure from tral methanol instead of dirty bunker fuel. the growing number of our customers who look
its customers to The vessels will be built by South Korea’s to decarbonise their supply chains,” said Soren
decarbonise its shipping Hyundai Heavy Industries (HHI) and have a Skou, CEO of A.P. Moller – Maersk.
operations. nominal capacity of 16,000 TEU. HHI will hold Maersk will operate the vessels on car-
an option for four additional vessels in 2025. bon-neutral e-methanol or sustainable
Maersk is investing in methanol as a fuel, as bio-methanol as soon as possible.
the new vessels will place older containers ships Sourcing an adequate amount of methanol
that produce 1mn tonnes per year (tpy) of CO2. from day one in service will be challenging, as
The use of methanol as fuel is an industry first it requires a significant production ramp-up of
and will allow Maersk to offer carbon-neutral sea proper carbon-neutral methanol production, for
transportation. which Maersk continues to engage in partner-
Maersk is under pressure from its customers ships and collaborations with relevant players.
to decarbonise its shipping operations. Maersk said earlier in August that it would
Maersk said that more than half of its 200 source its green e-methanol from REintegrate, a
largest customers have set – or are in the process subsidiary of the Danish renewable energy com-
of setting – ambitious science-based or zero-car- pany European Energy.
bon targets for their supply chains. REintegrate and European Energy will estab-
Maersk customers such as Amazon, Dis- lish a new Danish facility to produce the 10,000
ney, H&M Group, HP Inc., Levi Strauss & Co., tpy of e-methanol that Maersk’s first vessel will
Microsoft and Unilever have committed to use.
actively use and scale zero-carbon solutions for International shipping accounted for around
their ocean transport. 2% of global energy-related CO2 emissions
The vessels will feature a dual-fuel engine in 2019, according to the IEA, and shipping
setup. Additional capital expenditure (capex) for companies are under considerable pressures
the dual fuel capability, which enables operation from customers, investors and governments to
on methanol as well as conventional low-sulphur decarbonise.
fuel, will be in the range of 10-15% of the total In April 2018, the International Maritime
price, enabling Maersk to take a significant leap Organisation (IMO) agreed to reduce GHG
forward in its commitment to scale carbon-neu- emissions by at least 50% by 2050 compared with
tral solutions and lead the decarbonisation of a 2008 baseline, with carbon intensity reduction
container logistics. targets for 2030 and 2050. ™

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