Tuesday, March 10, 2026

Maersk warns oil groups are holding back clean energy transition

The oil industry is holding back a clean energy transition in global supply chains, the head of decarbonisation at AP Møller-Maersk has warned, as he called for the shipping group’s suppliers to offer more affordable green fuel. Morten Bo Christiansen said Maersk risked not having the green methanol supplies it needs to fuel zero carbon ships, as the Danish group signed an agreement with the Spanish government to explore clean energy production in the country.“Today, we buy our fuel from the oil companies. But they have not offered us any green methanol at a price point we can accept,” he told the Financial Times. “You would have expected that your current supplier would help you find the new juice. But that has not been the case so far.”Shipping companies, which are responsible for transporting the vast majority of goods between countries, have long been among the…

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