Danish carrier AP Moller-Maersk has announced its decision to deploy the first of its 18 large methanol dual-fuel newbuilds on the AE7 string, connecting Asia and Europe through the Suez Canal. This move marks a significant milestone in Maersk's journey towards achieving its net-zero target. The 16,000 TEU vessel, built by Hyundai Heavy Industries (HHI), is set to enter service on February 9, 2024, and will have a profound impact on decarbonizing global supply chains.
A Landmark Step towards Sustainability
The deployment of Maersk's first large methanol-enabled vessel on the Asia-Europe trade lane is a landmark achievement in the company's commitment to sustainability. With a capacity of 16,000 containers, this vessel will play a pivotal role in helping customers decarbonize their supply chains. Maersk's Chief Commercial Officer, Karsten Kildahl, expressed enthusiasm about introducing more methanol-enabled vessels on this route and others throughout 2024.
A Green Methanol Pioneer
Maersk's decision to sail with green methanol is a testament to the company's dedication to finding innovative solutions for reducing emissions. This vessel will be only the second boxship worldwide capable of utilizing green methanol as fuel, following the successful deployment of the feeder vessel Laura Maersk in September 2022. By embracing green methanol, Maersk is setting an example for the shipping industry and paving the way for a greener future.
Expansion of Methanol-Enabled Fleet
Maersk has 24 boxships, ranging from 9,000 to 17,000 TEU, currently on order. These vessels will be equipped with methanol dual-fuel engines, demonstrating the company's long-term commitment to sustainable shipping. The first 16,000 TEU newbuild is scheduled to be named at the shipyard in January 2024. Subsequently, two sister vessels will be deployed in the first half of 2024, with naming events taking place in Yokohama, Japan, and Los Angeles, US. Maersk plans to take delivery of four additional sister vessels in the latter half of 2024.
Securing Green Methanol Supply
Maersk has already secured sufficient green methanol to cover the maiden voyage of its first methanol-enabled vessel. Furthermore, the company is actively working on sourcing solutions for 2024-25 to ensure a steady supply of green methanol for its expanding fleet. This proactive approach highlights Maersk's commitment to maintaining sustainable operations and minimizing its environmental footprint.
Summary
Maersk's selection of the AE7 string for deploying its first large methanol dual-fuel newbuild marks a significant milestone in the company's sustainability journey. By introducing green methanol-enabled vessels on one of the world's largest trade lanes, Maersk is making a substantial impact on decarbonizing global supply chains. With its expanding fleet and commitment to securing green methanol supply, Maersk continues to lead the way towards a more sustainable future for the shipping industry.
(This article is sourced from Splash247.com and curated by Thetransporteronline24)
