RE: Methanol11 Mar 2023 23:44
Maersk is big on green methanol as well. The company has bought several dual-fuel ships which could burn green methanol if they could source it in sufficient volumes, and signed several sourcing agreements with firms promising to build green methanol capacity. When I assessed their initial announcements in 2021, I put the increased fuel costs at four times that of diesel. At the time, they’d committed to purchase green methanol sufficient for half of one journey for one of the eight ships once a year, well under 1% of the annual fuel requirement.