Shipping
Port of Long Beach cargo slows in June
Port of Long Beach cargo slows in June
Chinese shipyards’ market share drops amid US port fee concerns
Emirates Courier Express expands to Australia
DP World, Asian Terminals deploy first fleet of electric internal transfer vehicles in the Philippines
Houthis cause 18M tons of added CO2 emissions – Sea Intelligence
DHL Express, Neste ink deal to use made-in-Singapore SAF for international flights
Container traffic up at Port of Antwerp-Bruges, total throughput drops
Port of Los Angeles logs busiest June for cargo on record
DaChan Bay Terminals adds India service, boosts China-India logistics corridor
DP World to develop Syria's Tartus port under 30-year deal
Port of Long Beach terminal expansion breaks ground
Singapore named top international maritime centre for 12th straight year
North Europe port congestion to persist through 2025 – Xeneta
US sets new tariff rates on 14 countries as it moved deadline to August 1
Hamburg invests €1.1B in port infrastructure expansion
Gemini switches up Asia service amid Europe's port congestion
Global schedule reliability climbed in May despite trade disruptions
Asia-NAWC capacity volatility more than triples
Containers lost at sea up more than double in 2024
Hong Kong launches up to HK$2M bunkering incentive for LNG, methanol
Sea-Intel finds top deep-sea ports among least reliable
Port of NY/NJ tops US cargo port rankings in May
Maersk to resume port calls in Haifa
Ningbo-Zhoushan Port sets H1 container record
Mawani privatizes cargo terminals at 8 Saudi Ports
BIMCO: Stable demand outlook despite market uncertainties
Hapag-Lloyd rebrands SAAM Terminals
Port of Savannah achieves third month of over half-million TEUs
CMA CGM names Esra Bora as new general manager in China
Maersk halts port calls at Haifa citing threat risks
First mega-boxship transits the Suez Canal in 15 months
ONE adds 13,900 TEU vessel to fleet
Freightos: Iran-Israel conflict not impacting freight yet
CMA CGM says shipping activities ‘proceeding as normal’ in the Middle East
Sea-Intel: Niche carriers seizing Transpacific opportunity again
Hong Kong marks first SIMOPS LNG bunkering at Modern Terminals
Tariffs put brake on cargo volume growth at Port of Los Angeles
MPA, NYK Group expand autonomous ship trials
PSA International joins Global Centre for Maritime Decarbonisation
Chengdu-Shenzhen-Hong Kong rail-sea service launches
Global schedule reliability continues to increase in 2025
Sea-Intel: Major ocean carriers profitability around US$5.9B in Q1 2024
Gebrüder Weiss expands into Thailand
DP World, VIMC Lines launch domestic coastal logistics service
Singapore, France ink enhanced maritime partnership agreement
CMA CGM launches first fully-electric container barge in Vietnam
MSC container ship sinks off India coast
Port of Savannah container trade up 17% in April
DP World to launch US$2.5B logistics infrastructure investment in 2025
Port of Long Beach sees record April, warns of sharp May drop amid tariff impact
Suez Canal introduces rebates to regain containership traffic
CMA CGM warns extended China-US tariffs could disrupt global trade
U.S. slashes ‘de minimis’ tariff on small China parcels to 30%
LA, Long Beach ports warn of continued tariff uncertainty
China-US deescalation may spur early peak season
Yang Ming: US-China trade deal may spur demand, but uncertainty persists
US-China tariff pause offers temporary relief, could fuel another frontloading rush
Transpacific shipping faces capacity cuts as trade war escalates
Houthi ceasefire raises prospect of container traffic returning to Red Sea
Kale Logistics to develop Oman's national port community system
PSA BDP takes majority stake in Mexico’s ED Forwarding
Xeneta: ‘Ships for America Act’ adds more uncertainty to container shipping market
JAFZA marks 40 years with record US$190B in trade
Seafrigo expands multi-modal services to support global expansion
US port fees to have minimal impact on Transpacific niche carriers
Port fo NY/NJ is busiest US port in March
S&P: Liner shipping contributes US$1.1T to U.S. GDP
deugro Thailand delivers critical reactors for sustainable fuel production
Emirates Shipping Line joins World Shipping Council
Japanese shipyards may benefit from US port fees on Chinese vessels
MOL opens office in Washington, D.C.
Red Sea disruptions push shipping carbon emissions to record high in 2024
Port of LA expects a double-digit volume decline in the second half amid tariffs
DP World sources 65% of its electricity from renewables in 2024
Hapag-Lloyd: 30% of China’s US-bound shipments canceled
MAERSK SECURES GREEN METHANOL FOR WORLD’S FIRST METHANOL CONTAINER VESSEL
June 13, 2023

A.P. Moller - Maersk (Maersk) announced that it has successfully secured green methanol for the maiden voyage of the world's first methanol-enabled container vessel.

 

The shipping line said achieving this green fuel milestone is a significant step for the company and the industry's efforts to reduce greenhouse gas emissions. 

Maersk said it had signed a deal with Dutch producer OCI Global on the delivery of green1 bio-methanol for the maiden journey.

 

It added that the 21,500 km trip from Ulsan, South Korea to Copenhagen, Denmark — more than halfway around the globe — 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 from 2024.

"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," said Morten Bo Christiansen, head of energy transition, A.P. Moller - Maersk.

 

"We expect a diverse green fuel mix for the future, with green bio-methanol from biomass waste being available now," he added.

 

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

 

The biogas is then upgraded to biomethane and injected into the gas grid, and the methanol is produced from the biomethane in the grid on a mass-balance basis. This way, green methanol can be produced in existing facilities using existing infrastructure and plants, enabling quick production.

 

The ocean carrier said the method could contribute to a greener gas grid while capturing harmful methane emissions that would arise from the waste feedstock if left untouched.

 

"To meet the ambitious 2040 target of net zero greenhouse gas emissions in time, A.P. Moller - Maersk aims to transport a minimum of 25% of Ocean cargo using green fuels by 2030, compared to a 2020 baseline," the shipping line said, adding that the 2,100 TEU (twenty-foot-equivalent) landmark methanol-enabled feeder vessel is an important step toward the long-term objective of gradually renewing the entire fleet to operate solely on green fuels.

 

Maersk said OCI’s green methanol is certified by International Sustainability & Carbon Certification (ISCC) in accordance with the EU Renewable Energy Directive.