Maersk buys stake in Silicon Valley electrofuel startup in race to ditch oil

With an investment through its corporate venture division, Maersk is making a concerted effort to invest alternative fuels that could benefit its fleet.
Morten Bo Christiansen, Maersk's head of de-carbonization. | Photo: Maersk PR
Morten Bo Christiansen, Maersk's head of de-carbonization. | Photo: Maersk PR
Christian Wienberg, Bloomberg

A.P. Moller-Maersk A/S is investing in a startup that develops electrofuels as part of a strategy to own technologies that can help it become carbon neutral.

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