Maersk says ocean shipping's zero-emissions push needs government support [Yahoo! Finance]
A.P MOLLER-MRS UNS/ADR (AMKBY)
NASDAQ:AMEX Investor Relations:
investor.maersk.com/investor-relations
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Source: Yahoo! Finance
Pacific Ocean - a milestone in the shipping industry's effort to reduce its climate impact. But when the 1,148-foot (350-meter) vessel arrived at the Port of Los Angeles from China last week, there was nowhere in the U.S. to buy more of the green fuel, forcing it to rely heavily on petroleum-based maritime fuel for the return trip. At a day-long ship naming event on Tuesday, A.P. Moller-Maersk representatives said the industry that accounts for close to 3% of global greenhouse gases needs more and cheaper green fuel if it is to decarbonize at the pace scientists and world governments say is necessary to fight climate change. "We're on a clock," said Maersk CEO Vincent Clerc. Maersk aims to achieve net zero greenhouse gas emissions in 2040 and has emerged as a leader in its sector's energy transition with five green methanol ships on the water and another 20 on order. Even so, that represents just a fraction of its 700 owned and chartered ships. The new ships are also dual-fu
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News
- A.P. Moller-Maersk (AMKBY)'s Technical Outlook is Bright After Key Golden Cross [Yahoo! Finance]Yahoo! Finance
- Shanghai Unveils Green Shipping Plan as New Emissions Rules Loom [Yahoo! Finance Canada]Yahoo! Finance Canada
- Shanghai Unveils Green Shipping Plan as New Emissions Rules Loom [Yahoo! Finance]Yahoo! Finance
- Maersk Secures Green Ship Fuel in Supply Deal With China's Longi [Financial Post (Toronto, Ontario, Canada)]Financial Post
- Maersk Raises Earnings Guidance For Fourth Time in 2024 [Yahoo! Finance]Yahoo! Finance