Maersk's initiative to use methanol fuel is part of the ship industry's decarbonization strategy
AP Moller – Maersk, one of the world's largest shipping companies, is planning to convert one of its ships to become the shipping industry's first vessel to operate with green methanol as fuel. This initiative is part of logistics decarbonization company strategy and to achieve zero net emissions on ships by 2040. The retrofit of the engine to dual fuel, capable of using methanol, is scheduled to take place in mid-2024, with the objective of demonstrating the viability of the modernization of existing vessels instead of building new ships.
Maersk forms a partnership for the conversion of its ship's engine, which will run on biofuel
Maersk signed an agreement with MAN Energy Solutions (MAN ES) to carry out the conversion of the vessel's engine. MAN ES specializes in marine propulsion systems and will bring its expertise to adapt the ship's engine to run on green methanol biofuel. This collaboration will allow Maersk to demonstrate how modernization of vessels with dual-fuel engines is possible and contribute to the transition to more sustainable energy sources.
In addition to retrofitting the engine to green methanol, Maersk has set ambitious targets to ensure the decarbonisation of its operations. The company seeks to achieve net zero emissions by 2040 and has set tangible goals for 2030. a 50% reduction in ship emissions per container transported compared to 2020 and transporting 25% of container volumes with green fuels by 2030. These targets are in line with the Paris Agreement and the Science Based Targets (SBTi) initiative.
Challenges for implementing green fuel on ships and Maersk's commitment to sustainability
Converting an engine to run on green methanol is a complex process that requires replacing parts and installing new fuel tanks, fuel preparation room and fueling system. Maersk is currently conducting a detailed engineering process and is in discussions with potential shipyards to ensure effective implementation of the engine retrofit. The prediction is that the retrofit is completed in mid-2024.
Maersk operates a fleet of more than 700 vessels, of which around 300 are company-owned. By leading the conversion of ships to run on biofuel, Maersk demonstrates its commitment to reducing greenhouse gas emissions and driving the transition to a more sustainable shipping industry. This first-of-its-kind initiative could pave the way for future engine retrofits across the industry, accelerating the adoption of green fuels and contributing to a cleaner and more resilient future.
Conclusion on the ship decarbonization project
AP Moller – Maersk is at the forefront of decarbonising the marine industry by planning to convert a ship to run on biofuel. The partnership with MAN Energy Solutions and the ambitious goals set by the company demonstrate its commitment to leading the transition to a more sustainable shipping industry.
The modernization of existing vessels through engine retrofits is a viable alternative to the construction of new vessels and contributes to the reduction of greenhouse gas emissions. Maersk is showing the way to cleaner and more efficient navigation, driving the transformation of the marine industry towards a more sustainable future.
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