World News
Shipping Giant Maersk Hires Head of Future Fuels
Shipping giant AP Moller-Maersk has appointed an executive responsible for evaluating future fuels as the company seeks to shift its more than 10 million mt/year of bunker consumption to zero-carbon alternatives.
The firm has appointed Maria Strandesen as its head of future fuels, according to an update to her LinkedIn profile.
Strandesen was previously a senior innovation portfolio manager at Maersk.
The new role will involve "managing the team that identifies, explores and evaluates suitable carbon-neutral fuels for Maersk's fleet," Strandesen said.
"The goal is to convert the entire fleet of approximately 750 vessels to a fully carbon-neutral fleet as fast as possible."
Last month Maersk announced it would only be ordering dual-fuelled ships capable of running on zero-carbon bunkers from now on. The firm plans to have its first carbon-neutral ship by 2023, a 2,000 TEU feeder vessel running on synthetic or bio-methanol.
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 645.00 | 2.00 | 767.50 | 11.50 |
| Rotterdam | 600.00 | 8.00 | 751.50 | 13.00 |
| Houston | 627.50 | 9.00 | 796.00 | 11.50 |
| Fujairah | 649.50 | 0.00 | 889.00 | 0.50 |
| Global 20 Ports Average | 665.00 | 0.50 | 864.00 | 6.50 |
| Global 4 Ports Average | 630.50 | 5.00 | 801.00 | 9.00 |
| Global Average Bunker Price | 722.50 | 2.50 | 922.50 | 3.00 |
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Apr 18Singapore's authorities are in the process of developing a regulatory framework for a methanol bunkering licence, and plan to call for applications for the licence by the end of this year. -
Apr 19The company is looking for candidates with proven experience in bunker trading and demonstrated leadership experience.