Maersk, CCS team up on carbon-neutral technologies

Danish shipping giant A.P. Moller – Maersk has signed three separate cooperation framework agreements with China Classification Society (CCS) to speed up its decarbonization efforts. As informed, the agreements mainly focus on scientific and technological innovation projects, life-cycle green fuel availability and infrastructure, … Read More

Maersk CEO demands end date for fossil fuel use in shipping

Søren Skou, CEO of the world’s biggest container shipping company Maersk, has called on the UN maritime body to determine the end date for the use of fossil fuels in the shipping industry. Premium content Checking for account. You need … Read More

Maersk invests in US startup to secure green bio-methanol production

Danish shipping major A.P. Moller – Maersk has decided to invest in California-based WasteFuel, a start-up focused on turning waste into sustainable aviation fuel, green bio-methanol, and renewable natural gas. This investment is made through Maersk Growth, the corporate venture arm of … Read More

Maersk CEO: Business is ahead of govts on decarbonization agenda

There needs to be a greater sense of urgency among global governments in relation to the adoption of policies that would accelerate decarbonization in the shipping sector, the head of the world’s largest container shipping company believes. “Business is ahead … Read More

Industry heavyweights call for net-zero shipping by 2050

The shipping industry must reach zero emissions by 2050, and to get there zero-emission ships must become the dominant and competitive choice by 2030, an op-ed signed by big industry names insists. This means that the International Maritime Organization (IMO) … Read More

Carbon pricing: Have we reached the tipping point?

The discussion on carbon pricing in the maritime industry is heating up, as industry stakeholders urge for a market-based measure to finally incentivize the sector’s decarbonization journey. In a nutshell, carbon pricing would impose a cost on emitting greenhouse gases … Read More

New project to look into converting existing ships to zero-carbon fuels

A.P. Moller – Maersk, ABS, MAN Energy Solutions, Mitsubishi Heavy Industries, NYK Line, Seaspan Corporation and Total are joining forces through the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping to assess the technical, financial and environmental potential of converting … Read More

Maersk reports record profit amid high freight rates

Danish shipping and logistics giant A.P. Moller – Maersk delivered an exceptionally strong performance in Q1 2021 with a record profit for the quarter. Overall in Q1, EBITDA increased to $4 billion from $1.5 billion year on year and EBIT … Read More

Maersk, partners set sights on ammonia bunkering at Port of Singapore

Maritime industry leaders have embarked upon a feasibility study aimed at establishing a comprehensive supply chain for the provision of green ammonia ship-to-ship bunkering at the Port of Singapore. The companies taking part in the project include A.P. Moller – … Read More

Maersk: We need to act faster to break this chicken and egg limbo

Image credit: World Economic Forum The transition towards zero-carbon fuels in the shipping industry needs to be accelerated, putting a greater focus on the viable solutions already on the market and skipping transitional solutions. These were the messages of A.P. … Read More