Maersk expects to resolve safety and all other issues faced by ammonia and fuel types based on alcohols in two to three years, clearing the way to order the first ships to run on these fuels in the next three years, the company’s CEO Søren Skou said in a podcast hosted by Global Optimism.
The world’s largest container shipping firm vowed to become a net-zero company in 2018 setting a major precedent in the industry as it vowed to outperform targets set by the International Maritime Organization (IMO).