AP Moller Maersk Joins Methanol Institute
The Methanol Institute announced AP Moller Maersk as the association’s newest member company. Maersk’s first carbon-neutral vessel will be a
The Methanol Institute announced AP Moller Maersk as the association’s newest member company. Maersk’s first carbon-neutral vessel will be a methanol dual fuel ship. It will have a capacity of around 2000 TEU and be deployed in one of its intra-regional networks. While the vessel will be able to operate on standard VLSFO, the plan is to operate the vessel on carbon neutral e-methanol or sustainable bio-methanol from day one.
In December 2018, Maersk announced its ambition of net-zero CO2 emissions by 2050 and has since identified its primary fuel candidates to be carbon neutral methanol (bio-methanol and e-methanol), alcohol-lignin blends and carbon neutral ammonia along with the use of biofuels.
The Methanol Institute serves as the global trade association for the methanol industry, representing the world’s leading producers, distributors, and technology companies. Founded in 1989 in Washington DC, MI now represents its members from five offices around world in Singapore, Washington DC, Beijing, Brussels and Delhi.