MAERSK, the world's No 1 container shipping company, is replacing older ships with greener vessels, reports Lyon's Euronews.
It is part of its aim to advance decarbonisation of its fleet after ordering eight container vessels that it says will be able to operate on carbon-neutral e-methanol fuel.
The containerships, each with a capacity of up to 16,000 TEU, are being built by Hyundai Heavy Industries and will cost the Danish shipping giant a total of US$7 billion.
The agreement includes an option to purchase a further four vessels in 2025. Maersk said the eight vessels will enable its container fleet to cut CO2 emissions by up to one million tonnes annually.
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