Tue 13 Jun 2023, 11:10 GMT

Maersk procures fuel for world's first methanol-enabled boxship


Deal signed with OCI Global for 21,500 km maiden voyage.


Graphic summarizing Maersk's deal with OCI Global to secure methanol for the maiden voyage of the world's first methanol-enabled container vessel.
Image credit: Maersk

Maersk has signed a deal with Dutch producer OCI Global to secure methanol for the maiden voyage of the world's first methanol-enabled container vessel.

The 21,500 km trip from Ulsan, South Korea to Copenhagen, Denmark will provide real operational experience for Maersk seafarers handling the new engines and using methanol as fuel, as the company prepares to receive a fleet of new, large ocean-going methanol-enabled ships.

OCI produces its methanol at a US-based facility by using captured biogas from decomposing organic waste in landfills.

The biogas is upgraded to biomethane and injected into the gas grid. The methanol is then produced from the biomethane in the grid on a mass-balance basis — thus using existing infrastructure and facilitating rapid production.

Maersk notes that this production method can contribute to a greener gas grid while capturing harmful methane emissions that would arise from waste feedstock if left untouched.

Additionally, OCI's methanol is certified by International Sustainability & Carbon Certification (ISCC) in accordance with the EU Renewable Energy Directive.

Maersk has set itself the target of transporting a minimum of 25% of its Ocean division cargo using green fuels by 2030, compared to a 2020 baseline.

Back in August 2021, it ordered the first in a series of eight large container vessels capable of operating on methanol — a key step towards the long-term objective of gradually renewing the entire fleet to operate solely on green fuels. The ship is scheduled to be launched in the first quarter of 2024.

Morten Bo Christiansen, Maersk's Head of Energy Transition, commented: "The green methanol market is still in its infancy and frankly we had not expected to be able to secure a maiden voyage on green methanol for this vessel. So, we are very proud to have achieved this significant milestone. We expect a diverse green fuel mix for the future, with green bio-methanol from biomass waste being available now."



Petrobras logo. Petrobras suspends MGO export sales following Brazilian government’s 50% export tax  

State oil company halts distillate fuel exports while assessing impact of new levy.

The LNG bunkering vessel Alisios LNG. Scale Green Energy launches 12,500-cbm LNG bunkering vessel in Spain  

Alisios LNG will supply marine fuel from the Huelva plant, chartered by Axpo Iberia.

The pure car and truck carrier Tourmaline Ace. Piraeus port signs LNG-fuelled car carrier deal with MOL  

Mitsui O.S.K. Lines' LNG-powered vessel made inaugural call at Greek port on 10 March.

Hydrogen ship render. DNV study recommends design-based safety approach for hydrogen-fuelled vessels  

Study for EMSA calls for secondary enclosures across all hydrogen components, including open deck.

The pure car and truck carrier Grande Seoul. Grimaldi takes delivery of ammonia-ready car carrier Grande Seoul  

Ninth vessel in series joins fleet for Asia-Europe service with 50% lower emissions.

Photograph of Oğuz Yazici, Country Manager at Oilmar DMCC. Oilmar appoints Turkey country manager as part of regional expansion  

Dubai-based bunker and cargo trader promotes from within to lead Turkish operations.

Photograph of the GNV Aurora ferry's first LNG bunkering in Genoa, in March 2026, with delivery tanker Green Zeebrugge alongside. GNV Aurora completes first LNG bunkering in Genoa  

GNV's second LNG-powered ferry receives fuel in Italian port, with a shore power trial scheduled.

Mitsui O.S.K. Lines (MOL) logo. MOL acquires 25% stake in V.Ships France, adds LNG carriers to managed fleet  

Japanese shipping company takes equity position in ship manager’s French subsidiary.

Equinor logo. Equinor signs two-year biomethanol supply deal with Wallenius Wilhelmsen  

Norwegian energy company to supply alternative fuel to shipping and vehicle logistics firm.

Phograph of Shanghai skyline with Oriental Pearl Tower in centre. Sing Fuels seeks bunker trader for new Shanghai base  

Candidates with two to four years’ industry experience and an established client portfolio preferred.