Economy

Shipping giant Maersk unveils first vessel operating on green methanol

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A.P. Moller-Maersk, is one of the world’s biggest container shippers with a market share of around 17%, and is widely seen as a barometer of global trade.

Andia | UIG via Getty Images

Copenhagen, DENMARK — Shipping giant Maersk on Thursday presented its first container vessel moved with green methanol, a landmark moment for one of the world’s most polluting industries.

The new container ship, ordered in 2021, has two engines: one moved by traditional fuels and another run with green methanol — an alternative component, which uses biomass or captured carbon and hydrogen from renewable power. Practically speaking, the new vessel emits 100 tons of carbon dioxide less per day compared to…



Source cnbc.com

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