Daniel Giddings’ Post

A.P. Moller - Maersk signs Long-Term #Methanol Sourcing Deal with LONGi Solar, to supply its Ocean Fleet. “Bio- and e-#methanol continues to be the most promising alternative #shipping #fuels to scale up in this decade, and the agreement with LONGi Solar serves as a testament to this. Global shipping’s main net-zero challenge is the price gap between fossil fuels and the alternatives with lower greenhouse gas emissions. We continue to strongly urge the International Maritime Organization’s member states to level the playing field by adopting a global green #fuel #standard and an ambitious pricing mechanism which the industry urgently needs,” says Rabab Boulos, Chief Operating Officer, A.P. Moller - Maersk. The agreement will contribute to #lowering GHG #emissions from Maersk’s growing fleet of dual-fuel #methanol #container #vessels.

Wow.This new agreement marks a significant milestone in the maritime industry's shift toward sustainable fuels, reinforcing Maersk's leadership in environmental responsibility and innovation. By sourcing bio- and e-methanol, you are taking concrete steps to lower greenhouse gas emissions and address the industry's core sustainability challenge,the cost disparity between traditional and green fuels. Rabab Boulos’s call for a global green fuel standard and pricing mechanism underscores the importance of international collaboration to create a fair playing field and accelerate the transition to net-zero shipping. This partnership with LONGi Solar represents a bold commitment to a cleaner future for global trade, setting an inspiring example for others in the industry.Hongera sana!A.P. Moller - Maersk #enviroment #sustainability

🤝Maersk Signs Long-Term Methanol Sourcing Deal for Ocean Fleet 🚢 “Bio- and e-methanol continues to be the most promising alternative shipping fuels to scale up in this decade, and the agreement with LONGi Solar serves as a testament to this. Global shipping’s main net-zero challenge is the price gap between fossil fuels and the alternatives with lower greenhouse gas emissions. We continue to strongly urge the International Maritime Organization’s member states to level the playing field by adopting a global green fuel standard and an ambitious pricing mechanism which the industry urgently needs,” says Rabab Boulos, Chief Operating Officer, A.P. Moller - Maersk. The agreement will contribute to lowering GHG emissions from Maersk’s growing fleet of dual-fuel methanol container vessels. Read the full press release here: https://lnkd.in/dsdrdSDw #Maersk #energytransition #methanol #decarbonisation

A.P. Moller - Maersk has announced a long-term bio-methanol offtake agreement with LONGi Solar. This partnership will significantly reduce GHG emissions from Maersk's dual-fuel methanol container vessels. Full highlights, ↗ https://shorturl.at/rBP5b COO Rabab Boulos highlights the importance of bio- and e-methanol as key alternative fuels and urges the International Maritime Organization to establish a global green fuel standard. With this agreement, Maersk is set to meet over 50% of its dual-fuel methanol demand by 2027. Emma Mazhari, Head of Energy Markets at Maersk, notes the growing momentum for methanol projects globally, with China leading the charge. The bio-methanol will be produced sustainably from residues in Xu Chang, achieving a 65% reduction in lifecycle GHG emissions compared to fossil fuels. #DSTnews #DST #DailyShippingTimes #Shippinglines #SustainableShipping #SustainableLogistics #CargoCarriers #Oceancarriers

On 1 January 2025, the FuelEU Maritime regulation will enter force, requiring vessel fleets sailing in EU territorial waters to cap their lifecycle greenhouse gases (GHG) at 89.34 g CO₂-eq/MJ through 2029. This law has prompted marine shippers to gradually include renewable fuels into their fuel mix, such as CMA CGM, which conducted a successful pilot of the bunkering of liquified #biomethane (LBG) on 19 October. The pilot took place at the Port of Amsterdam where Shell delivered 100 tonnes of LBG, while another LBG bunkering operation is expected at the port of Singapoure, as part of the Rotterdam-Singapore Green and Digital Shipping Corridor (GDSC). A recent study by SEA-LNG asserts that LBG could cover up to 3% of the total energy demand for shipping fuels in 2030 and 13% in 2050. https://lnkd.in/dMNrJRzr

Sustainable marine fuels could become cheaper than conventional, oil-based bunkers from 2035 when greenhouse gas emissions regulations like carbon pricing mechanisms are taken into account, Finnish technology firm Wartsila said March 21. The EU has extended its Emissions Trading System to include maritime transportation from this year, with 40% coverage of emissions from shipping companies in voyages involving the bloc this year, before the ratio rises to 70% in 2025 and 100% from 2026. Read S&P Global Commodity Insights article and learn more: https://lnkd.in/grz92GB7

Green shipping corridors are maritime routes between one or more ports to enable ships to use zero-emission fuels and technologies, helping to accelerate the adoption of low-emission shipping fuels and reduce greenhouse gas emissions across the maritime sector. Our latest joint feasibility study explores a green shipping corridor for dry bulk trade between the US Gulf Coast and Japan, which is consistently one of the top 10 US trading partners. This analysis, supported by the Green Hydrogen Catapult and led by RMI in collaboration with the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping, Cargill, and Hy Stor Energy, focuses on the: • Technical, economic, and operational feasibility of a green corridor • Adoption of green methanol in dual-fuel bulk carriers by 2030 • Identifying cost drivers and opportunities to reduce premiums • Evaluating the impact of policies and regulations on zero-emission technology The insights uncovered can be applicable to other trading routes. Check out the full study here to explore the results in more detail: https://bit.ly/3YkuYHp #GreenShipping #Sustainability #Decarbonization #ZeroEmissions #CleanEnergy #Shipping

Methanol Milestone: Inside Maersk Halifax’s Green Methanol Conversion 09-12-2024 A groundbreaking achievement in the maritime industry has been unveiled as MAN Energy Solutions completes the world's first retrofit of a Very Large Container Vessel (VLCV) to enable green methanol operation. The Maersk Halifax, a 15,000 TEU containership, underwent an extensive retrofitting process to make it compatible with green methanol. This pioneering project marks a significant milestone in the industry's shift towards more environmentally friendly fuels. The use of green methanol in maritime operations presents a promising alternative to traditional fossil fuels, offering reduced greenhouse gas emissions and a more sustainable future for the industry. The success of this project demonstrates the feasibility of integrating green methanol into existing vessel designs, paving the way for widespread adoption. The Maersk Halifax's retrofitting involved the installation of MAN Energy Solutions' ' methanol-fueled engine,' which has undergone rigorous testing to ensure seamless integration with the vessel's existing systems. This achievement is a testament to the collaborative efforts of industry leaders, manufacturers, and vessel operators working together to drive innovation and sustainability. As the maritime industry continues to navigate the complexities of reducing its carbon footprint, this milestone serves as a beacon of hope for a greener future. The successful integration of green methanol into the Maersk Halifax sets a new standard for the industry, inspiring further innovation and investment in sustainable technologies. Read the full story here: https://lnkd.in/defW5-mz #MaritimeInnovation #SustainabilityAtSea #GreenMethanol #LowCarbonShipping #VesselRetrofitting #SustainableMaritime #ShippingIndustry #EmissionsReduction #EnvironmentalProtection #GreenFuture

Wärtsilä is seeing the “green” premium between sustainable and fossil-based marine fuels to diminish in 2035. This could mainly depend on carbon taxes rather than falling production costs of green fuels, though. And making fuels more expensive is not without political risks. #shipping #decarbonization #bunker

EUROPE: CONSORTIUM LOOKING TO USE METHANOL FOR AN ‘NI/GB GREEN SHIPPING CORRIDOR’ A consortium of companies, which includes DFDS, is exploring the feasibility of setting up a green shipping corridor between Northern Ireland and the Northwest of England. In a statement issued last week, the consortium said that project will involve using a roll on/roll off (Ro-Ro) freight ferry, powered by hydrogen reformed onboard from green methanol delivered in road mobile ISO tank containers. The green methanol would be synthesised in the Port of Larne from green hydrogen and carbon dioxide as part of the Ballylumford Power-to-X Project. The port-based green methanol plant will use wind power to drive a 150MWe electrolyser that feeds green hydrogen through a pipeline to a catalytic reactor. Furthermore, the project will look at capturing CO2 from an onboard reformer and returning it to the methanol synthesis plant in the same tank containers that delivered the methanol, ‘thereby setting up a circular CO2 economy that avoids future supply constraint of green CO2’. https://bit.ly/48G5TsE #methanol #alternativefuel #renewable #cleanfuel #futurefuel #energytransition #sustainable