AP Moller - Maersk has secured green bio-methanol for the maiden voyage of its first methanol-powered containership.
Maersk’s First Methanol-Powered Containership
Introduction of Methanol-Powered Containership: Maersk’s first methanol-powered 2,100 TEU (Twenty-foot Equivalent Unit) containership will sail from South Korea to Copenhagen, covering a distance of 21,500 km.
Fuel Supply Deal: Maersk has signed an agreement with OCI for green bio-methanol fuel for the voyage, which promises a 65% - 80% reduction in greenhouse gas emissions over the fuel's lifecycle.
Production of Green Methanol: The green methanol is produced by OCI in the US using biogas captured from decomposing organic waste in landfills. It is then shipped to South Korea using conventional fuel, and this transportation impact is included in the overall GHG reduction calculation.
Significance of the Green Methanol Voyage: This voyage marks a significant milestone for Maersk in the green methanol market, which is still in its early stages. The company acknowledges the challenges of securing green methanol but emphasizes the importance of this achievement.
Industry Leadership and Competition: Maersk is a pioneer in methanol-fueled containerships, with other companies like HMM, MSC, and CMA CGM following suit with newbuilding orders.
Challenges with Green Methanol Supply: Despite its potential for significant GHG reductions, the supply of green methanol remains a concern in the industry.
Operational Experience with Methanol Fuel: The maiden voyage will provide Maersk's seafarers with practical, operational experience in using methanol as a fuel.
Future Green Fuel Goals: Maersk aims to transport at least 25% of its Ocean cargo using green fuels by 2030, as part of its commitment to sustainability.
Naming Ceremony: The naming ceremony for the 2,100 TEU vessel will take place in Copenhagen on 14 September, with Ursula von der Leyen, President of the European Commission, as the godmother.