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Alternative Fuels

Argus Media: Maersk leapfrogs LNG to net zero marine fuels

Maersk said it deems lignin fuels as potentially the most price-competitive net zero fuel with the lowest price estimate, almost on a par with conventional fuels.

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Stefka Wechsler of the global energy and commodity price reporting agency Argus Media on Wednesday (24 February) published a summary behind Maersk’s decision to invest directly in net zero fuels like biodiesel instead of opting for a ‘transition’ bunker fuel like LNG:

Danish shipping firm Maersk will not be using transitional marine fuels, such as LNG, to reduce its greenhouse gas emissions but instead will leapfrog directly to net zero fuels: biodiesel, bio-methanol, e-methanol, lignin fuels and green ammonia.

“Our research shows that net zero technologies are available,” the company said. Maersk is “very concerned with levels of methane [a type of greenhouse gas] emissions” from LNG and the risk of tying investments on marginal CO2 reductions rather than transformation to real net zero-emissions.

The company deems lignin fuels, which are derived from plant material, as potentially the most price-competitive net zero fuel with the lowest price estimate, almost on a par with conventional marine fuels. Bio-methanol and e-ethanol are already in use as a marine fuel. Biodiesel can be used as drop-in fuel in fuel oil.

But a key limitation for using biodiesel, bio-methanol and lignin, are producing it at scale. Biodiesel prices are affected by high demand from competing industries. Future prices of green ammonia and e-methanol depend on the cost of renewable electricity and maturity of electrolyser technology.

Maersk estimates that decarbonizing marine fuels will lead to doubling the price of bunkers, which in turn would lead to about a 20pc increase in container shipping rates.

In 2020, Maersk burned 10.37mn t of fuel oil for bunkering, down from 11.17mn t in 2019 and 12.02mn t in 2018. The company attributed the drop to improved vessel efficiency and also fewer vessels in operation in the second and third quarters of 2020. The company also burned 32,000t of biofuels. Maersk reduced its CO2 emissions by 46.3pc by 2020 or 33.90mn t from the 2008 baseline. The International Maritime Organization (IMO) requires that vessels reduce CO2 emissions by 40pc by 2030 from 2008, placing Maersk well ahead of IMO’s regulation.


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Argus Media
Published: 25 February, 2021

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LNG Bunkering

PIL’s LNG dual-fuel boxship “Kota Elok” arrives in Singapore on maiden call

As the first of 13 new 13,000 TEU vessels joining its fleet, Kota Elok is equipped to operate on LNG and low-sulphur fuel oil that helps reduce our greenhouse gas emissions.

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PIL's LNG dual-fuel boxship “Kota Elok” arrives in Singapore on maiden call

Singapore-based Pacific International Lines Pte Ltd on Monday (20 July) said its first 13,000 TEU LNG dual-fuel container vessel, Kota Elok, recently made her maiden call to Singapore on 15 July.

As the first of 13 new 13,000 TEU vessels joining its fleet, Kota Elok is equipped to operate on liquefied natural gas (LNG) and low-sulphur fuel oil that helps reduce our greenhouse gas emissions. 

The vessel also incorporated energy-saving features and digital technologies to reduce fuel consumption and enhance operational performance, as well as a bow windshield to improve aerodynamics, contributing to improved fuel efficiency and lower emissions over the course of long-haul voyages.

“Following Singapore, Kota Elok will continue her voyage on our East Coast Service 1 (ES1) route to South America, calling at ports in Brazil, Uruguay, and Argentina before returning to Asia,” the company said in a social media post. 

Kota Elok also became PIL’s first vessel to receive Lloyd’s Register certification for compliance with the IACS UR E26 and UR E27 cyber security requirements.

Developed by the International Association of Classification Societies (IACS), UR E26 and UR E27 are mandatory cyber resilience requirements for newbuild vessels contracted from 1 July 2024. 

 

Photo credit: Pacific International Lines
Published: 21 July, 2026

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LNG Bunkering

CIMC SOE secures order for 12,000-cbm LNG bunkering vessel from Sinopec Clean Energy

Once operational, the vessel is expected to strengthen Sinopec’s domestic coastal LNG bunkering network and help address gaps in China’s alternative fuel bunkering infrastructure.

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CIMC SOE secures order for 12,000-cbm LNG bunkering vessel from Sinopec Clean Energy

China’s Nantong CIMC Sinopacific Offshore & Engineering Co., Ltd. (CIMC SOE) recently signed a contract with Sinopec (Beijing) Clean Energy Co., Ltd. to build a 12,000-cubic metre (m3) LNG bunkering vessel, according to Chinese maritime media.

The vessel is scheduled for delivery in 2028 and will support Sinopec’s efforts to expand its presence in the marine clean energy sector.

Once operational, the vessel is expected to strengthen Sinopec’s domestic coastal LNG bunkering network and help address gaps in China’s LNG bunkering infrastructure.

With this signing , CIMC Pacific Offshore Engineering’s LNG bunkering vessel orderbook is further strengthened, maintaining its leading position in the global market for small and medium-sized LNG bunkering vessels.

The contract also marked another milestone for CIMC SOE, which has seen a sharp increase in orders and business performance this year amid a surge in domestic LNG vessel demand.

 

Photo credit: Nantong CIMC Sinopacific Offshore & Engineering
Published: 21 July, 2026

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Nuclear

ABS awards AiP to Korean institute for SMR-powered container ship concept design

KRISO says AiP recognises the technical feasibility and safety of its concept design, marking an important milestone toward the development of next-generation nuclear-powered commercial ships.

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ABS awards AiP to Korean institute for SMR-powered container ship concept design

Korea Research Institute of Ships & Ocean Engineering (KRISO) on Thursday (16 July) received Approval in Principle (AiP) from the American Bureau of Shipping (ABS) for its concept design of a 15,000 TEU Small Modular Reactor (SMR)-powered container ship utilising Molten Salt Reactor (MSR) technology.

KRISO said the AiP recognises the technical feasibility and safety of its concept design, marking an important milestone toward the development of next-generation nuclear-powered commercial ships.

“This achievement demonstrates international recognition of KRISO’s technological capabilities in the rapidly evolving field of nuclear-powered shipping, supporting the transition toward low-carbon maritime transport,” it said. 

Building on this milestone, KRISO will continue advancing basic and detailed ship design, paving the way for future demonstration and commercialisation of SMR-powered vessels. 

Through continued R&D and international collaboration, KRISO remains committed to strengthening next-generation maritime technologies and contributing to the safe deployment of nuclear propulsion in the maritime industry.

 

Photo credit: Korea Research Institute of Ships & Ocean Engineering
Published: 21 July, 2026

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