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.
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 522.00 | 8.00 | 660.50 | 2.50 |
| Rotterdam | 497.00 | 8.00 | 684.50 | 20.50 |
| Houston | 479.50 | 31.50 | 679.00 | 12.00 |
| Fujairah | 515.00 | 3.00 | 723.50 | 5.50 |
| Global 20 Ports Average | 557.50 | 5.00 | 761.50 | 7.50 |
| Global 4 Ports Average | 503.50 | 8.50 | 687.00 | 0.50 |
| Global Average Bunker Price | 595.50 | 7.50 | 803.50 | 9.00 |
Popular Now More
-
Jun 24The firm's pre-tax profit from continuing operations was down by 63.8% from 2023/24 in what it characterises as 'a very demanding year'. -
Jun 20HRH Prince Abdulaziz Al Saud bin Turki has launched a new marine fuel trading firm, Eleven Energy, with offices in Saudi Arabia and Rotterdam, a company representative tells Ship & Bunker -
Jun 23The application was filed on June 5 and will be heard in a Singapore High Court sitting on June 27.