Maersk could use 15-20% alternative fuels for its fleet in 2030

Alternative Fuels Commitment: A.P. Moller-Maersk aims for alternative fuels to comprise 15% to 20% of its marine fuel consumption by 2030, as part of its goal to achieve net zero emissions by 2040, with a focus on biodiesel, green methanol, and bio-methane.

Regulatory Support Needed: The company emphasizes the need for regulations to increase the cost of conventional fuels to make alternative fuels commercially viable, while also collaborating with the International Maritime Organization to establish a global framework for reducing greenhouse gas emissions in the maritime sector.