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Challenge / Goal

Current efforts to transition to clean energy are falling short of what is needed to meet global climate targets, primarily due to insufficient investment and deployment. The logistics industry, a significant contributor to global carbon emissions, accounts for 11 percent of these emissions, with the shipping sector alone responsible for 3 percent. Given that nearly 90 percent of the world's trade is conducted via ocean routes, the role of ports in this equation is crucial.

Decarbonising ports involves adopting renewable energy sources, enhancing energy efficiency, and implementing green technologies for shipping and cargo handling. Without significant strides in these areas, achieving the broader climate goals remains a distant prospect.

Solution

The introduction of this methanol-powered vessel provides direct access to an innovative and environmentally friendly shipping option, creating a green corridor in Northern Europe through the use of green methanol as an alternative fuel.

Green methanol, or "e-methanol," is produced from waste carbon dioxide (CO2) and "green hydrogen," created by using renewable energy to split water molecules. This innovative fuel option represents a significant step towards reducing carbon emissions.

This pioneering vessel is part of a larger initiative to utilize renewable methanol as ship fuel, with more than 20 additional methanol-powered ships scheduled for delivery between 2024 and 2027. This initiative aligns with the increasing demand for sustainable logistics solutions and the stringent international regulations aimed at reducing the carbon footprint of maritime transport.

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Service providers

A.P. Moller Maersk

End users

The company, the ports

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