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Cost of Maersk's new methanol ships drops

Maersk has just ordered six new methanol-powered container ships and now reveals that the added cost of building green ships compared to conventional ones is decreasing. Economies of scale, says equity analyst.

Photo: Katinka Hustad

by DAG HOLMSTAD

The cost of container ships set to sail on alternative, carbon-free fuels such as green methanol is on the decline, which could lead to more carriers building green vessels, says shipping analyst Lars Jensen, CEO and partner at Vespucci Maritime, to ShippingWatch.

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