World News
Maersk Expands Fleet with New Dual-Fuel Methanol Boxship
Container shipping firm AP Moller Maersk has taken delivery of the Axel Mærsk, expanding its fleet of large dual-fuel methanol container vessels.
This delivery marks the completion of the world's first series of large dual-fuel methanol container vessels, Maersk said in a social media post on Tuesday.
With 16,200 TEU capacity, Axel Mærsk joining the fleet, Maersk now operates 13 container vessels capable of running on both methanol and conventional marine fuels - including one ship retrofitted for methanol propulsion.
"From Laura Mærsk to Axel Mærsk, each dual-fuel vessel marks a bold step toward a net-zero future," Maersk said.
The vessel was delivered by South Korea's HD Hyundai Heavy Industries and will operate on the Asia-Europe route.
Ship & Bunker had previously reported that Maersk plans to operate at least 19 dual-fuel methanol vessels by the end of this year.
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| VLSFO | MGO | |||
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| $/mt | +/- | $/mt | +/- | |
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| Houston | 469.00 | 5.50 | 608.00 | 6.50 |
| Fujairah | 503.00 | 1.50 | 712.00 | 1.00 |
| Global 20 Ports Average | 534.00 | 0.50 | 711.50 | 2.50 |
| Global 4 Ports Average | 490.00 | 0.50 | 637.50 | 0.50 |
| Global Average Bunker Price | 572.00 | 1.00 | 758.50 | 4.50 |
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