The world’s largest container-shipping line is making a $1.4 billion investment in a greener fleet.
A.P. Moller-Maersk A/S has ordered eight new vessels, each costing $175 million, that can be propelled by cleanly made methanol instead of an oil-based fuel. They are set for delivery in 2024.
“We don’t believe in more fossil fuels,” said Morten Bo Christiansen, vice president and head of decarbonization. “A lot of our customers are very, very supportive of this.”
