EnergyWatch

European Energy will need major sum to realize Maersk methanol deal

If Danish project developer European Energy is to uphold its agreement with container line Maersk on delivery of 300,000 tonnes of methanol as of 2025, it could require a few billions in local currency. ”It’s no secret that we’re very busy,” PtX head tells ShippingWatch.

Photo: Maersk

Danish renewable energy project developer European Energy will need to spend a very large sum to be able to supply up to 300,000 tonnes of methanol a year for use by container line Maersk’s future fleet of methanol-powered ships.

”We’re talking quite a few billion kroner [DKK, -ed.],” says Emil Vikjær-Andresen, head of Power-to-X (PtX) at European Energy, in an interview with ShippingWatch.

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