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AP Moller-Maersk accelerates fleet decarbonisation with 8 large ocean-going vessels

by Saee Joshi
April 21, 2023
in Maritime
Soren Skou, CEO, AP Moller-Maersk.

The agreement with HHI includes an option for four additional vessels in 2025

In the first quarter of 2024, AP Moller-Maersk will introduce the first in a groundbreaking series of 8 large ocean-going container vessels capable of being operated on carbon neutral methanol.

The vessels will be built by Hyundai Heavy Industries (HHI) and have a nominal capacity of approx. 16,000 containers (TEUs).

The agreement with HHI includes an option for four additional vessels in 2025. The series will replace older vessels, generating annual CO2 emissions savings of around 1 million tonnes.

Additional capital expenditure (CAPEX) for the dual fuel capability, which enables operation on methanol as well as conventional low Sulphur fuel, will be in the range of 10-15% of the total price, enabling Maersk to take a significant leap forward in its commitment to scale carbon neutral solutions and lead the decarbonisation of container logistics.

“This order proves that carbon neutral solutions are available today across container vessel segments and that Maersk stands committed to the growing number of our customers who look to decarbonise their supply chains,” stated Soren Skou, CEO, AP Moller-Maersk.

“This  the ideal large vessel type to enable sustainable, global trade on the high seas in the coming decades and from our dialogue with potential suppliers, we are confident we will manage to source the carbon neutral methanol needed”, commented  Henriette Hallberg Thygesen, CEO, Fleet & Strategic Brands, AP Moller-Maersk.

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