Hyundai Mipo is building the world’s first carbon neutral ship with a dual engine technology that will enable it to sail on either methanol or traditional very low sulphur fuel.

Maersk has officially signed the contract for the vessel to be built and it is expected to be delivered by mid 2023, which means textiles and apparel sector supply chains as well as many other industry supply chains will benefit from decarbonised shipping.

Global logistics giant AP Moller Maersk set a target in 2018 to have carbon neutral vessels commercially viable by 2030. The signed contract for this vessel means it is on track to meet this goal. 

A.P. Moller – Maersk CEO of Fleet & Strategic Brands, Henriette Hallberg Thygesen, said: “From 2023 it will give us valuable experience in operating the container vessels of the future while offering a truly carbon neutral product for our many customers who look to us for help to decarbonize their supply chains.”

The carbon neutral ship will be 172m long and will sail in the network of Sealand Europe, which is a Maersk subsidiary. It will be based on the Baltic shipping route between Northern Europe and the Bay of Bothnia.

The methanol propulsion configuration for the vessel will be developed by MAN Energy Solutions and Hyundai Engine and Machinery (main engine) and Himsen (aux engine) in collaboration with Hyundai Mipo and Maersk. Classification society will be American Bureau of Shipping (ABS).

A.P. Moller – Maersk head of fleet technology, Ole Graa Jakobsen, explained: “Developing this vessel is a significant challenge, but we have already come a long way in our work with the yard and the makers to reach this milestone. While we are pioneering these solutions for our industry, we are working with well-proven technologies and the cost potential from further scaling is becoming very clear to us.”