A.P. Moller - Maersk is continuing its fleet renewal program, initiated in 2021, with a focus on dual-fuel vessels. The company plans to acquire approximately 160,000 TEU of new capacity annually through a combination of newbuilds and time-charters. This strategy aims to maintain financial and operational flexibility while securing a significant portion of its strategic tonnage.
To address decarbonisation goals, Maersk is exclusively ordering dual-fuel vessels capable of operating on low-emission fuels. The company has opted for a mix of methanol and liquefied gas propulsion systems to ensure fleet competitiveness and adaptability to future regulatory frameworks and fuel availability. While green methanol is currently prioritized as a scalable decarbonization solution, Maersk recognises the potential of liquefied bio-methane and anticipates a multi-fuel future for the industry.
The overall order book for dual-fuel vessels will reach 50 to 60 units, representing a total capacity of 800,000 TEU. Of this, approximately 300,000 TEU will be owned by Maersk, with the remaining 500,000 TEU acquired through time-charters. The specific mix of propulsion technologies will be determined based on future regulatory developments and green fuel supply.
To support the operation of liquefied gas dual-fuel vessels, Maersk is actively securing offtake agreements for liquefied bio-methane. This initiative aims to reduce greenhouse gas emissions during the current decade. In addition to these new orders, Maersk has already placed orders for 25 owned methanol-powered vessels, totaling around 350,000 TEU of dual-fuel capacity. Five of these vessels are currently in operation.
By investing in dual-fuel vessels and securing alternative fuel supplies, Maersk is demonstrating its commitment to reducing the environmental impact of its operations while maintaining a competitive position in the shipping industry.
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