Clerc wants Maersk's ships to run on fuels other than methanol

Although Maersk is a co-owner of new energy company C2X, which has A.P. Moller Holding as its main owner, the shipping company will not commit to all its ships sailing on green methanol.

"It may be that in a few years we will order ammonia-powered ships when the technology is more mature," Vincent Clerc, CEO of Maersk, said at a press conference. | Photo: Mads Claus Rasmussen

Af Dag Holmstad, Jens Thomsen

It is likely that Maersk will order a few more ships that will be able to run on green methanol than the 25 ships already on order at shipyards, but after that, it becomes more uncertain which green fuels the ships will run on.

Already a subscriber?Log in here

Read the whole article

Get access for 7 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

Access all locked articles
Receive our daily newsletters
Access our app

Get full access for you and your coworkers

Start a free company trial today

Uggla wants to open the energy taps like his grandfather with new venture
For subscribers
DNV casts doubt on shipping's climate goals: "It's unrealistic"
For subscribers
Green methanol could be overtaken by ammonia as a shipping fuel
For subscribers

Sign up for our newsletter

Stay ahead of development by receiving our newsletter on the latest sector knowledge.

Newsletter terms

Front page now

Foto: Peter Hove Olesen/Politiken/Ritzau Scanpix

Tanker

Maersk sells part of its business with the US government

Maersk has sold a subsidiary that provides transportation services for the US Navy. The business covers a handful of tankers.

For subscribers

"As an SME – as we still like to call us today – and with the customers we are serving globally we really need to latch on and grow substantially to stay relevant to our customers," says Constantin Conrad, CEO, Leschaco Group. | Foto: Leschaco

Logistics

German logistics company wants to grow 250 percent by 2030

For subscribers

Regulation

Lynn Loo urges shipping to take steps outside its comfort zone

For subscribers

"The biggest challenge for the green transition in shipping is the supply of green fuel, and more initiatives like these are needed," Morten Bo Christiansen tells ShippingWatch. | Foto: Maersk Pr

Container

Maersk praises Cosco's plans to move into green methanol

For subscribers

Foto: Shannon Stapleton/Reuters/Ritzau Scanpix

Tanker

Russia still relies on Europe to ship its oil despite price cap breach

For subscribers

Norden's contract in Gabon runs for ten years and requires the shipping company to invest around DKK 280m. | Photo: Magnus Møller

Bulk

Norden's venture in Gabon runs smoothly one month after military coup

For subscribers

IEA: Ammonia is crucial for shipping's green transition
In order for shipping to help keep the temperature rise below 1.5 degrees Celsius, ammonia should be the most widely used fuel in the industry by 2050, according to a new IEA report.
For subscribers
Fredriksen company loses legal dispute with shipyard
Major South Korean shipbuilder Hanwha wins an arbitration case against John Fredriksen-controlled Northern Drilling regarding a cancelled order for two deepwater rigs.
For subscribers
Norwegian carrier gets state funding for new ammonia vessels
Viridis Bulk Carriers expects to order its two ammonia vessels by the end of 2023 with support from the Norwegian state-owned investment fund Enova SF.
For subscribers
German ports fear public savings
The expansion of German wind power and the import of green fuels are at risk if the state of Lower Saxony implements planned savings in the ports.
For subscribers
IEA: Green fuels keep climate goals alive
The window of opportunity to keep the temperature rise below 1.5 degrees has narrowed and will require more international cooperation and ambition, according to a new report from the IEA.
For subscribers
Navigare Capital cashes in from sale of several ships
The Danish investor, whose owners include Robert Mærsk Uggla, has taken advantage of high vessel prices. The timing was right, says the managing partner.
For subscribers

Habben Jansen calls on energy majors to do more for the green transition

Ships are not the problem in shipping’s green transition – the problem is rather the lack of green fuels, and the big oil companies should help out, says Hapag-Lloyd’s chief executive.

For subscribers

By 2025, OCI Global will double production to 400,000 tons of green methanol annually at its facilities in Texas, USA. | Foto: Oci Global/Reuters/Ritzau Scanpix

Suppliers

OCI Global plans to double green methanol production in the US

OCI Global, which has supplied green fuel for Maersk’s first methanol ship, will increase production by 200,000 tons annually at its Texas plant.

For subscribers

ShippingWatch.com

Cosco to build production chain for green methanol

The Chinese shipping giant will establish a chain of production facilities for green methanol in partnership with a state-owned energy company and the world’s largest container port in Shanghai.

For subscribers

Robert Maersk Uggla is CEO of APM Holding and Chairman of Maersk. | Photo: Thomas Emil Sørensen/Jyllands-Posten/Ritzau Scanpix

Carriers

Maersk to produce three million tonnes of green methanol from 2030

APM Holding has established a new company to produce three million tonnes of green methanol annually from 2030. The coming production facilities will require billions of euros in investments.

For subscribers

Container

Maersk and CMA CGM to collaborate on climate targets

The agreement includes developing the use of alternative fuels. The partners describe the agreement as ”a milestone” for the decarbonization of the shipping industry.

For subscribers

Regulation

DFDS calls for greater state subsidies for green fuels

The Danish government’s proposal on carbon capture is good, but the state must invest more money in PTX production – otherwise, we won’t reach our goal, says chief executive. Updated.

For subscribers

Jobs

See all jobs

Clerc wants Maersk's ships to run on fuels other than methanol

Read the whole article

With your free trial you get:

Get full access for you and your coworkers

Share article

Related articles:

Uggla wants to open the energy taps like his grandfather with new venture

DNV casts doubt on shipping's climate goals: "It's unrealistic"

Green methanol could be overtaken by ammonia as a shipping fuel

Sign up for our newsletter

Front page now

Maersk sells part of its business with the US government

German logistics company wants to grow 250 percent by 2030

Lynn Loo urges shipping to take steps outside its comfort zone

Maersk praises Cosco's plans to move into green methanol

Russia still relies on Europe to ship its oil despite price cap breach

Norden's venture in Gabon runs smoothly one month after military coup

IEA: Ammonia is crucial for shipping's green transition

Fredriksen company loses legal dispute with shipyard

Norwegian carrier gets state funding for new ammonia vessels

German ports fear public savings

IEA: Green fuels keep climate goals alive

Navigare Capital cashes in from sale of several ships

Further reading

Habben Jansen calls on energy majors to do more for the green transition

OCI Global plans to double green methanol production in the US

Cosco to build production chain for green methanol

Maersk to produce three million tonnes of green methanol from 2030

Maersk and CMA CGM to collaborate on climate targets

DFDS calls for greater state subsidies for green fuels

Jobs