The partnership marks a “pivotal step” toward making green e-methanol more accessible and commercially viable for the maritime industry.
“Solving the climate emergency and decarbonizing our customers’ supply chains is a strategic imperative for Maersk,” said CEO Soren Skou.
The six companies plan to produce at least 730,000 metric tons of green methanol by the end of 2025.
Maersk is becoming an integrated logistics goliath with the ability to provide freight management, transportation, warehousing and e-commerce fulfillment for big retailers and manufacturers.
Captured carbon dioxide and green hydrogen are combined to make e-methanol. Sweden-based Liquid Wind has big plans for this alternative shipping fuel.
Can collecting carbon dioxide from ambient air combined with renewable energy create a cost-competitive, scalable, carbon-neutral fuel? Maersk is betting on it.
Maersk is adding bio-methanol to its portfolio of green marine fuels after making e-methanol and methanol-powered vessel agreements in August.
With their recycling, shipping, offshore and supply chain expertise, Coca-Cola and Maersk are helping The Ocean Cleanup rid the oceans of plastic pollution around the world.
The world’s largest shipping line says it has changed its ways and is no longer playing the spot market, instead going steady with long-term partners.
“American customers will be able to choose to transport their goods using LNG, a new technology that helps to preserve air quality by eliminating almost all atmospheric pollutants,” said CMA CGM CEO Rodolphe Saadé.
Preeti Pande, the hydrogen solution provider’s chief marketing officer, comes with extensive fuel cell industry experience and a Ph.D.
The GEODIS Women’s Network “is also intended to improve the reputation of the logistics and transport industry, a field traditionally dominated by men.”
“Efficient and safe delivery of COVID-19 vaccines around the world is the most urgent logistics challenge we face today.”
Werner, STG Logistics and ZIM add board members; Port of Oakland, Avetta and Raymond James make appointments.
The French shipping giant’s network is down.
A.P. Moller-Maersk’s recent announcement that Damco will no longer exist as a separate brand is expected to drive some shippers into the arms of others.
Layoffs loom. Maersk maintains changes are not about cutting costs amid COVID, but about improving service.
Digital platform is designed to provide shippers end-to-end transparency.
World’s largest container shipping line is “committed to a carbon-neutral future of transport and logistics.”
A tip led investigators to the 90 bricks of cocaine weighing nearly 226 pounds.
Fee-based storage offered at five North American terminals to assist importers dealing with supply chain disruption caused by coronavirus pandemic.
No one was prepared for the global shipping disruption caused by COVID-19, but Mike Meierkort said Damco’s resiliency program is “the closest thing to having a playbook.”
French carrier reports entire 500-vessel fleet is free of coronavirus cases.
Global container carrier sails deeper into North American warehouse and distribution services.
Crew members evacuated from container ship, tested for coronavirus and hospitalized in China.
A C-suite and board are shuffled, and a commercial operations director and Europe manager are hired.
If confirmed, these would be the first reported cases of COVID-19 on board a container ship.
Alabama facility operating normally during coronavirus pandemic.
Outlook of world’s largest container line hinges on timing of coronavirus containment.
INTTRA by E2open on Tuesday announced a new technology platform, compliant with the new Digital Container Shipping Association (DCSA) Interface Standard for Track and Trace 1.0, published last week by the DCSA. The platform sets a new standard in the shipping industry, setting the bar for technology companies and shipping lines alike to standardize the […]
APM Terminals is selling one of its two large terminals in Rotterdam, but will retain ownership of Maasvlakte II.
Soren Toft, the former chief operating officer at Maersk will become chief executive officer at Mediterranean Shipping Co.
The shipping grapevine is abuzz with rumors that the man who was Maersk’s COO until Monday (Nov. 11) could soon be leading MSC.
Focus on profitability over market share bears fruit for Danish container shipping giant.
Getting to Zero Coalition, which includes Maersk Line, calls for “commercially viable zero-emission vessels” to be deployed on deep sea trade by 2030.
Maersk says technology is core to its vision and wants more of its 6,000-strong IT workforce to be direct employees and not contractors.
The CEO of Maersk says the impact from the U.S.-China tariffs and trade tensions on global trade has been quite manageable.”
Earlier today in Europe, Danish shipping giant A.P. Moller–Maersk (NASDAQ: Maersk A; NASDAQ: Maersk B) reported a massive increase in second quarter profit and earnings before interest, tax, depreciation and amortization. Revenues “grew slightly,” the shipping mega-conglomerate said.
