With 25 dual-fuel vessels ordered, Maersk is
advancing its 2040 netzero emissions goal by transitioning to bio and
e-methanol alongside liquefied biomethane. Currently,
eight dual-fuel ships have joined Maersk’s fleet, along with a retrofitted
vessel, while 20 additional vessels are expected by 2030. These investments
reflect Maersk’s commitment to decarbonizing its ocean shipping operations,
which account for most of its emissions. However, the company noted the significant
challenge of scaling methanol production to meet demand, with initial
production slated to begin in 2026.
To bridge the cost gap between fossil and green
fuels, Maersk has called for International Maritime Organization regulations,
including a pricing mechanism and a global green fuel standard. “We are shouldering the extra capex for
dual-fuel ships, but sustainable regulations are key for long-term success,”
Maersk stated.
India’s abundant biomass, renewable energy
resources, and strategic location position it as a potential leader in
low-emission fuel production, reinforcing its importance in Maersk’s green
shipping transition.