Maersk, a leading global shipping company, is set to launch a container Ship powered by bio-methanol as part of its decarbonization strategy. The shipping industry, which is responsible for emissions comparable to the airline sector, is exploring alternative fuels like methanol, ammonia, and hydrogen. Although these fuels are more expensive, the cost increase for individual items transported by these vessels would be minimal. Bio-methanol has the potential to reduce CO2 emissions on container ships by up to 70%. Maersk aims to have low-carbon fuels account for 25% of its cargo capacity by the end of the decade.

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