As the first in the shipping industry, Maersk will retrofit an existing ship to a dual-fuel methanol powered vessel and thereby able to sail on green methanol*. The first engine retrofit in the industry is scheduled to be conducted medio 2024 and it is the intent to replicate on sister vessels when going for special survey in 2027.
“We have set an ambitious net-zero emissions target for 2040 across the entire business and have taken a leading role in decarbonising logistics. Retrofitting of engines to run on methanol is an important lever in our strategy. With this initiative, we wish to pave the way for future scalable retrofit programs in the industry and thereby accelerate the transition from fossil fuels to green fuels. Ultimately, we want to demonstrate that methanol retrofits can be a viable alternative to new buildings.” says Leonardo Sonzio, Head of Fleet Management and Technology at Maersk.
Maersk has signed an agreement with MAN Energy Solutions (MAN ES) who will retrofit the engine. Besides aiming to achieve net-zero in 2040, Maersk has also set tangible near-term targets for 2030 to ensure alignment with the Paris Agreement and Science Based Targets initiative (SBTi) methodology. This translates to a 50% reduction in emissions per transported container in the Maersk Ocean fleet compared to 2020, and furthermore 25% of its container volume will by 2030 be transported using green fuels.
Replacing engine parts and thereby making the engine able to operate on methanol is a rather complex task, but only a part of the larger retrofit operation. For instance, new fuel tanks, fuel preparation room and fuel supply system are also a part of the retrofitting the vessel for green methanol.
Maersk is currently operating more than 700 vessels with around 300 of them being owned by Maersk. In June 2023, Maersk secured green methanol for first voyage of the world’s first dual-fuel vessel.