POLICY

Maersk vessel acquisition for methanol mission

DANISH shipping giant Maersk has today announced its execution of an agreement with Japanese heavyweight Hyundai Heavy Industries to provide the former with eight methanol-fuelled freighters.

 MAERSK.jpg

MAERSK.jpg

The vessels are designed to be carbon-neutral and will be built at a cost of US$1.4 billion and will each be able to carry 16,000 containers. Maersk has said it is working to target changing market sentiment. ...

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