Maersk signs deal on construction of first carbon-neutral vessel

S&P Global Platts | Jul 1, 2021 at 10:10 AM
  • Maersk is running a pilot initiative into a scalable carbon-neutral product for customers and fuel suppliers, but the company hopes it can operate more methanol-fueled vessels in the future.
  • Being one of the largest shipping companies in the world, Maersk is also one of the biggest consumers of oil derived bunker fuel.
  • Ammonia is viewed as an ideal replacement from a net-zero carbon perspective, but the technology for upscaling the fuel is still at a nascent stage.