Maersk Orders Six Methanol-Powered Container Ships

Maersk Orders Six Methanol-Powered Container Ships

As part of its effort to meet net-zero emissions goals, global ocean carrier Maersk has ordered six more green methanol-fueled vessels that are to be built by Hyundai Heavy Industries, the company announced Oct. 5. Planned for delivery by 2025, the new order of six roughly 17,000 TEU-vessels brings Maersk’s green methanol vessel total to 19 ships. The company said that it has a goal of net-zero emissions across the entire business by 2040 with “tangible near-term targets for 2030 to ensure significant progress,” including a 50% drop in air emissions per transported container in Maersk Ocean fleet compared to…
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A.P. Moller – Maersk Acquires LF Logistics

A.P. Moller – Maersk Acquires LF Logistics

Danish shipping company A.P. Moller - Maersk on Aug. 31 announced its $3.6 billion acquisition of Hong Kong-based contract logistics company LF Logistics. As a result of the acquisition, LF Logistics is being rebranded as Maersk. The newly named Maersk is expected to add 223 warehouses to its existing portfolio, bringing the total number of facilities to 549 globally, spread across a total of 9.5 million square meters. “Maersk in Asia has historically been primarily focused on ocean transportation out of Asia and related logistics services,” A.P. Moller - Maersk Regional Managing Director of Asia Pacific Ditlev Blicher said. “With…
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