Maersk continues with fleet renewal plan
Copenhagen, Denmark – As part of its ongoing fleet renewal strategy initiated in 2021, A.P. Moller – Maersk (Maersk) is advancing its plans by securing newbuilding orders and time-charter contracts for dual-fuel vessels. This is in line with the company’s target to renew approximately 160,000 TEU annually.
These vessel orders will combine both owned and chartered capacity, allowing Maersk to maintain financial and operational flexibility while retaining a significant portion of its strategic tonnage. The vessels will be available in various sizes, offering the company a broad range of network options. Committed to its decarbonization goals, Maersk has chosen dual-fuel propulsion systems for all new vessels, with an emphasis on operating them on low-emission fuels. The company has selected a mix of methanol and liquefied gas dual-fuel systems to enhance the fleet’s competitiveness and support its sustainability objectives.
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The total orders are expected to reach 50-60 dual-fuel vessels, combining both owned and chartered capacity, amounting to 800,000 TEU. Of this, approximately 300,000 TEU will be owned, while the remaining 500,000 TEU will be secured through time-charter agreements. Maersk is also working on offtake agreements for liquefied bio-methane (bio-LNG) to ensure that the new gas vessels contribute to greenhouse gas emissions reductions within this decade.
In line with previous announcements, Maersk has already ordered 25 owned dual-fuel methanol vessels, with 5 currently in service and 20 on order, contributing approximately 350,000 TEU to the company’s dual-fuel capacity.
About Maersk
A.P. Moller – Maersk is a global leader in integrated logistics, dedicated to connecting and simplifying its customers’ supply chains. Operating in over 130 countries, Maersk employs around 100,000 people. The company is committed to achieving net zero emissions by 2040, leveraging new technologies, vessels, and low-emission fuels to meet this goal.
