World News
Maersk Tries Out Ethanol-Methanol Blend in Brazil
Container shipping giant AP Moller-Maersk is running a trial of a blend of ethanol and methanol on board one of its boxships in Brazil.
The firm is in the process of testing a blend of 10% ethanol with green methanol on board its 2,100 TEU feeder vessel the Laura Maersk, a company representative told Ship & Bunker on Tuesday.
"We are looking at multiple pathways to fuel our vessels," the company representative said.
"No single alternative fuel will be able to fuel the entire global fleet because they tap into different feedstocks and geographies.
"For example, we have a large methanol agreement in China, Brazil is well-positioned for ethanol (but we have no ethanol fuel deals currently - just the test).
"At Maersk, we have methanol in the mix, biodiesel we have used since 2019, and we have upcoming vessels for liquified gas - LNG/LBM - and it is likely other solutions will become relevant for us in the future."
Maersk was one of the earliest backers of methanol as an alternative marine fuel, and the Laura Maersk was its first methanol-fuelled ship.
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 440.00 | 3.00 | 657.00 | 0.50 |
| Rotterdam | 423.50 | 0.50 | 636.50 | 3.00 |
| Houston | 436.00 | 5.00 | 630.50 | 1.00 |
| Fujairah | 436.50 | 0.50 | 719.50 | 1.00 |
| Global 20 Ports Average | 482.50 | 0.50 | 733.00 | 0.00 |
| Global 4 Ports Average | 434.00 | 0.00 | 661.00 | 0.50 |
| Global Average Bunker Price | 528.50 | 0.50 | 773.50 | 0.50 |
Popular Now More
-
Oct 1757 delegations voted to delay, 49 countries opposed the motion and 21 abstained. -
Oct 20The new hire was previously team leader of Cockett Group's supply desk in Dubai. -
Oct 20Keith Richardson stepped down as the Houston-based trading and supply manager of Bunker One USA as of last month.