Maersk aims for 20 percent alternative fuels for the ship fleet by 2030

CRAFT

The container ship Laura Maersk is powered by green ethanol.

Shipping giant Maersk aims for alternative fuels to make up up to a fifth of its marine fuel consumption by 2030, according to a company manager, according to Reuters.

The goal is part of the company’s strategy to reach net zero emissions by 2040.

– We could probably use 15-20 percent green or renewable fuel in 2030, says Emma Mazhari, who is Maersk’s vice president and head of energy markets.

She adds that this depends on how well the company succeeds with its energy efficiency measures. Maersk currently consumes between 10 and 11 million tonnes of oil as fuel annually, of which only 3 percent were alternative fuels last year.

The vision is to increase the use of biodiesel, green methanol and bio-methane. These alternative fuels play a central role in reducing emissions from global shipping, which today accounts for approximately 3 percent of global greenhouse gas emissions. On Thursday, Maersk launched its latest methanol-powered ship, the AP Moller. Within two years, the company must have 18 such vessels in operation.

Despite progress, the challenges remain great. The supply of green methanol lags behind demand, and the fuel is significantly more expensive than conventional alternatives. In April, the International Maritime Organization (IMO) is expected to decide on a global structure to reduce emissions in the industry.

Source: www.nyteknik.se