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Renewables

Maersk to buy methanol for ships

by Alexander H. Tullo
December 3, 2023 | A version of this story appeared in Volume 101, Issue 40
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A big blue Maersk ship in a slip.
Credit: A.P. Moller-Maersk
Maersk is buying methanol for fuel for a new fleet of ships.

The shipping giant A.P. Moller-Maersk has signed an agreement to purchase 500,000 metric tons of methanol from the Chinese firm Goldwind to use as fuel for ships. Goldwind is developing a project, to be completed in 2026, in northeast China to make biomethanol and methanol via electrolysis powered by wind. Maersk expects to take delivery of its first methanol- enabled ship early next year.

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